Who Optimizes SG&A Costs Better? Splunk Inc. or Manhattan Associates, Inc.

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of tech, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Splunk Inc. and Manhattan Associates, Inc. have taken different paths in optimizing these costs. Splunk's SG&A expenses surged by over 670% from 2014 to 2023, reflecting its aggressive growth strategy. In contrast, Manhattan Associates maintained a more stable trajectory, with a 60% increase over the same period, showcasing a disciplined approach to cost management.

Splunk's rapid expansion is evident, but it raises questions about sustainability. Meanwhile, Manhattan Associates' steady growth suggests a focus on efficiency. As we look to 2024, with data missing for Manhattan Associates, the question remains: will Splunk's strategy pay off, or will Manhattan's conservative approach prove more resilient? This analysis offers a glimpse into the strategic decisions shaping the future of these tech giants.