Breaking Down SG&A Expenses: Broadcom Inc. vs CyberArk Software Ltd.

A Comparative Analysis of SG&A Expenses: Broadcom Inc. vs CyberArk Software Ltd.

In the ever-evolving tech industry, understanding the financial strategies of leading companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Broadcom Inc. and CyberArk Software Ltd. from 2014 to 2023. Broadcom, a giant in semiconductor solutions, has seen its SG&A expenses grow by nearly 1,100% over the decade, peaking at an impressive $4.96 billion in 2024. In contrast, CyberArk, a leader in cybersecurity, experienced a more modest increase of approximately 840%, reaching $500 million in 2023. This stark difference highlights Broadcom's aggressive expansion and operational scale compared to CyberArk's focused growth strategy. Notably, the data for 2024 is incomplete for CyberArk, indicating potential shifts in their financial strategy. This comparison offers valuable insights into how these tech titans allocate resources to maintain their competitive edge.