Comparing SG&A Expenses: Cisco Systems, Inc. vs Workday, Inc. Trends and Insights

Tech Giants' SG&A Expenses: A Decade of Change

__timestampCisco Systems, Inc.Workday, Inc.
Wednesday, January 1, 201411437000000263294000
Thursday, January 1, 201511861000000421891000
Friday, January 1, 201611433000000582634000
Sunday, January 1, 201711177000000781996000
Monday, January 1, 201811386000000906276000
Tuesday, January 1, 2019113980000001238682000
Wednesday, January 1, 2020110940000001514272000
Friday, January 1, 2021114110000001647241000
Saturday, January 1, 2022111860000001947933000
Sunday, January 1, 2023123580000002452180000
Monday, January 1, 2024131770000002841000000
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Infusing magic into the data realm

SG&A Expenses: A Tale of Two Tech Giants

In the ever-evolving tech landscape, understanding financial trends is crucial. This chart offers a fascinating glimpse into the Selling, General, and Administrative (SG&A) expenses of two industry leaders: Cisco Systems, Inc. and Workday, Inc., from 2014 to 2024.

Cisco Systems, Inc.: Steady Yet Significant

Cisco's SG&A expenses have shown a consistent pattern, with a notable increase of approximately 15% over the decade. The company maintained a robust financial strategy, peaking in 2024 with expenses reaching 13.2 billion. This reflects Cisco's strategic investments in innovation and market expansion.

Workday, Inc.: Rapid Growth Trajectory

In contrast, Workday's SG&A expenses skyrocketed by over 980% during the same period, highlighting its aggressive growth strategy. From a modest 263 million in 2014, Workday's expenses surged to nearly 2.8 billion in 2024, underscoring its commitment to scaling operations and expanding its market footprint.

This comparative analysis not only highlights the differing financial strategies of these tech giants but also provides insights into their market positioning and future potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025