Selling, General, and Administrative Costs: SAP SE vs Gen Digital Inc.

A Comparative Analysis of SG&A Expenses: SAP SE vs. Gen Digital Inc.

In the ever-evolving landscape of global business, understanding the financial strategies of industry giants is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of SAP SE and Gen Digital Inc. from 2014 to 2023. Over this decade, SAP SE consistently outpaced Gen Digital Inc. in SG&A spending, reflecting its expansive global operations. In 2022, SAP SE's SG&A expenses peaked at approximately 11 billion, a 112% increase from 2014, while Gen Digital Inc. saw a 66% decrease in the same period, highlighting a strategic shift towards cost efficiency. Notably, 2023 data shows a slight decline for SAP SE, indicating potential cost optimization efforts. Missing data for 2024 suggests ongoing financial adjustments. This comparative insight underscores the dynamic nature of corporate financial management in the tech industry.