Comparing SG&A Expenses: ASML Holding N.V. vs Workday, Inc. Trends and Insights

SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of global business, understanding the financial strategies of industry leaders is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of ASML Holding N.V. and Workday, Inc. from 2014 to 2023.

ASML Holding N.V.

ASML, a titan in the semiconductor industry, has seen its SG&A expenses grow steadily over the years. From 2014 to 2023, ASML's expenses increased by approximately 250%, reflecting its strategic investments in global expansion and innovation.

Workday, Inc.

Conversely, Workday, a leader in enterprise cloud applications, experienced a more dramatic rise in SG&A expenses, with a nearly 830% increase over the same period. This surge underscores Workday's aggressive market penetration and customer acquisition strategies.

Insights

While both companies have shown significant growth in SG&A expenses, Workday's rapid increase suggests a more aggressive approach to scaling operations. Missing data for 2024 indicates potential future shifts in strategy.