Comparing SG&A Expenses: Axon Enterprise, Inc. vs Elbit Systems Ltd. Trends and Insights

SG&A Expenses: A Tale of Two Companies

In the competitive landscape of defense and technology, understanding the financial strategies of industry leaders is crucial. Axon Enterprise, Inc. and Elbit Systems Ltd. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Axon Enterprise's SG&A expenses surged by over 800%, reflecting its aggressive growth strategy. In contrast, Elbit Systems Ltd. maintained a steady increase of approximately 95%, indicating a more conservative approach.

Key Insights

• Axon Enterprise, Inc.: Witnessed a dramatic rise in SG&A expenses, peaking in 2021, which suggests significant investment in scaling operations and market expansion.
• Elbit Systems Ltd.: Demonstrated consistent growth, with expenses reaching their highest in 2023, highlighting a focus on sustained development.
  These trends offer a window into the strategic priorities of these companies, providing valuable insights for investors and industry analysts alike.