SG&A Efficiency Analysis: Comparing Apple Inc. and ANSYS, Inc.

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving landscape of technology, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Apple Inc. and ANSYS, Inc. have demonstrated contrasting trajectories in their SG&A expenditures. From 2014 to 2023, Apple Inc. consistently increased its SG&A expenses, peaking at approximately $25 billion in 2023, reflecting its expansive growth strategy. In contrast, ANSYS, Inc. showed a more modest increase, with expenses rising from $246 million in 2014 to $855 million in 2023. This represents a growth of over 247% for ANSYS, compared to Apple's 108% increase. The data for 2024 is incomplete, highlighting the dynamic nature of financial forecasting. These trends underscore the strategic differences between a tech titan and a specialized software leader, offering insights into their operational priorities and market positioning.