Block, Inc. or Zebra Technologies Corporation: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: Block, Inc. or Zebra Technologies Corporation?

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Block, Inc. and Zebra Technologies Corporation have demonstrated contrasting approaches to SG&A management. From 2014 to 2023, Block, Inc. saw a staggering increase in SG&A expenses, growing by over 1,900%, while Zebra Technologies Corporation maintained a more stable trajectory with a modest 160% increase.

Block, Inc.'s rapid expansion in SG&A costs reflects its aggressive growth strategy, particularly in the tech sector. In contrast, Zebra Technologies Corporation's steady SG&A expenses highlight its focus on operational efficiency. As of 2023, Block, Inc.'s SG&A expenses were nearly four times higher than Zebra's, indicating a significant divergence in cost management strategies. This comparison offers valuable insights into how different companies navigate financial challenges in a competitive market.