SG&A Efficiency Analysis: Comparing Taiwan Semiconductor Manufacturing Company Limited and CyberArk Software Ltd.

SG&A Efficiency: TSMC vs. CyberArk's Strategic Growth

__timestampCyberArk Software Ltd.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 20145343800024020800000
Thursday, January 1, 20158319600022921900000
Friday, January 1, 201611589200025696400000
Sunday, January 1, 201715713800027169200000
Monday, January 1, 201819033400026253700000
Tuesday, January 1, 201923647600028085800000
Wednesday, January 1, 202028042800035570400000
Friday, January 1, 202134582600044488200000
Saturday, January 1, 202242779300063445300000
Sunday, January 1, 202350078400071464000000
Monday, January 1, 202459321000096889000000
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Data in motion

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving landscape of global technology, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. This analysis juxtaposes two industry titans: Taiwan Semiconductor Manufacturing Company Limited (TSMC) and CyberArk Software Ltd. Over the past decade, TSMC has consistently demonstrated a robust growth trajectory in SG&A expenses, peaking at approximately $71 billion in 2023, a staggering 197% increase from 2014. In contrast, CyberArk's SG&A expenses have grown by 837% over the same period, reaching around $500 million in 2023.

While TSMC's absolute figures dwarf those of CyberArk, the latter's rapid growth rate highlights its aggressive expansion strategy. The data from 2024 is incomplete, suggesting a need for cautious interpretation. This comparison underscores the diverse strategies employed by these companies in managing operational costs, reflecting their unique market positions and growth ambitions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025