Axon Enterprise, Inc. vs ITT Inc.: SG&A Expense Trends

SG&A Expense Trends: Axon Enterprise, Inc. vs ITT Inc.

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Over the past decade, Axon Enterprise, Inc. has seen a remarkable increase in its SG&A expenses, growing by approximately 817% from 2014 to 2023. This surge reflects the company's aggressive expansion and investment in operational capabilities. In contrast, ITT Inc. has maintained a more stable SG&A expense profile, with a modest decline of about 8% over the same period, indicating a focus on efficiency and cost management.

Key Insights

• Axon Enterprise, Inc.: From 2014 to 2023, SG&A expenses rose from $54 million to nearly $497 million, highlighting significant growth and investment.
• ITT Inc.: Despite fluctuations, ITT's SG&A expenses remained relatively stable, ending at $477 million in 2023, showcasing consistent cost control strategies.