Shopify Inc. and ANSYS, Inc.: SG&A Spending Patterns Compared

Shopify vs. ANSYS: A Decade of SG&A Spending Trends

__timestampANSYS, Inc.Shopify Inc.
Wednesday, January 1, 201424637600057495000
Thursday, January 1, 201525360300089105000
Friday, January 1, 2016269515000172324000
Sunday, January 1, 2017338640000293413000
Monday, January 1, 2018413580000457513000
Tuesday, January 1, 2019521200000651775000
Wednesday, January 1, 2020587707000847391000
Friday, January 1, 20217153770001276401000
Saturday, January 1, 20227728710001938255000
Sunday, January 1, 20238551350001711000000
Monday, January 1, 20249953400001796000000
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In pursuit of knowledge

SG&A Spending Trends: Shopify vs. ANSYS

In the dynamic world of technology, understanding the financial strategies of leading companies is crucial. Over the past decade, Shopify Inc. and ANSYS, Inc. have demonstrated distinct patterns in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Shopify's SG&A expenses skyrocketed by over 2,800%, reflecting its aggressive growth strategy. In contrast, ANSYS's expenses grew by approximately 250%, indicating a more measured approach.

A Decade of Financial Evolution

Shopify's rapid increase in SG&A spending, peaking in 2022, underscores its commitment to scaling operations and expanding market reach. Meanwhile, ANSYS's steady growth in expenses highlights its focus on sustainable development. This comparison not only reveals the strategic priorities of these tech giants but also offers insights into their future trajectories. As the tech landscape evolves, monitoring these financial trends will be key to understanding the competitive dynamics at play.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025