Who Optimizes SG&A Costs Better? Accenture plc or Pure Storage, Inc.

Accenture vs. Pure Storage: SG&A Cost Management Showdown

__timestampAccenture plcPure Storage, Inc.
Wednesday, January 1, 2014540196900060652000
Thursday, January 1, 20155373370000184674000
Friday, January 1, 20165466982000315976000
Sunday, January 1, 20176397883000444687000
Monday, January 1, 20186601872000575200000
Tuesday, January 1, 20197009614000721617000
Wednesday, January 1, 20207462514000891175000
Friday, January 1, 20218742599000898491000
Saturday, January 1, 202210334358000988982000
Sunday, January 1, 2023108585720001121605000
Monday, January 1, 2024111280300001197264000
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Cracking the code

Optimizing SG&A: A Tale of Two Companies

In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Accenture plc and Pure Storage, Inc. offer a fascinating study in contrasts over the past decade. From 2014 to 2024, Accenture's SG&A expenses have grown by approximately 106%, reflecting its expansive global operations. In contrast, Pure Storage, a younger company, has seen its SG&A costs increase by nearly 1,873%, indicative of its rapid growth phase.

Accenture's Steady Climb

Accenture's SG&A expenses have consistently risen, peaking at $11.1 billion in 2024. This steady increase aligns with its strategic investments in technology and talent.

Pure Storage's Rapid Expansion

Pure Storage, starting with a modest $60 million in 2014, reached $1.2 billion by 2024. This surge underscores its aggressive market penetration and scaling efforts.

Both companies exemplify different strategies in managing SG&A, reflecting their unique market positions and growth trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025