Analog Devices, Inc. and PTC Inc.: SG&A Spending Patterns Compared

SG&A Spending Trends: Analog Devices, Inc. vs. PTC Inc.

In the ever-evolving landscape of technology, understanding the financial strategies of industry leaders is crucial. Over the past decade, Analog Devices, Inc. and PTC Inc. have demonstrated distinct patterns in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, Analog Devices, Inc. has seen a remarkable 180% increase in SG&A spending, peaking in 2023. This growth reflects their aggressive expansion and investment in operational capabilities. In contrast, PTC Inc. has maintained a more stable trajectory, with a 58% increase over the same period, indicating a more conservative approach to scaling operations. Notably, both companies experienced significant jumps in 2021, likely due to post-pandemic market adjustments. These trends offer valuable insights into how these tech giants allocate resources to maintain competitive edges in a rapidly changing market.