Optimizing SG&A Costs: A Tale of Two Tech Giants

In the competitive world of technology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. This analysis compares the SG&A cost optimization strategies of Micron Technology, Inc. and Check Point Software Technologies Ltd. over the past decade.

A Decade of Financial Strategy

From 2014 to 2023, Check Point Software Technologies Ltd. demonstrated a steady increase in SG&A expenses, rising from approximately $385 million to $864 million. This represents a growth of over 120%, reflecting their strategic investments in marketing and administration to support business expansion.

Conversely, Micron Technology, Inc. showed a more volatile pattern, with expenses peaking at $1.13 billion in 2024. Despite fluctuations, Micron's SG&A costs increased by about 60% from 2014 to 2023, indicating a more conservative approach compared to Check Point.

Conclusion

While both companies have increased their SG&A expenses, Check Point's consistent growth suggests a more aggressive expansion strategy, whereas Micron's approach appears more measured.