Who Optimizes SG&A Costs Better? ASML Holding N.V. or CyberArk Software Ltd.

ASML vs. CyberArk: SG&A Cost Management Showdown

__timestampASML Holding N.V.CyberArk Software Ltd.
Wednesday, January 1, 201431867200053438000
Thursday, January 1, 201534570000083196000
Friday, January 1, 2016374800000115892000
Sunday, January 1, 2017416600000157138000
Monday, January 1, 2018488000000190334000
Tuesday, January 1, 2019520500000236476000
Wednesday, January 1, 2020544900000280428000
Friday, January 1, 2021725600000345826000
Saturday, January 1, 2022909600000427793000
Sunday, January 1, 20231113200000500784000
Monday, January 1, 20241165700000593210000
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Unlocking the unknown

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of technology, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. ASML Holding N.V. and CyberArk Software Ltd. have been on this journey since 2014. Over the past decade, ASML's SG&A expenses have surged by approximately 250%, reflecting its expansive growth strategy. In contrast, CyberArk's expenses have increased by around 840%, indicating a rapid scale-up in operations.

Despite ASML's higher absolute expenses, its growth in SG&A costs is more aligned with its revenue expansion, showcasing efficient cost management. CyberArk, while smaller, has shown a more aggressive increase in SG&A, which could be a strategic investment in future growth. This comparison highlights the different paths companies take in optimizing operational costs, with ASML focusing on steady growth and CyberArk on rapid expansion.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025