Cost Management Insights: SG&A Expenses for Cognizant Technology Solutions Corporation and CyberArk Software Ltd.

SG&A Expenses: Cognizant vs. CyberArk - A Decade of Strategic Growth

__timestampCognizant Technology Solutions CorporationCyberArk Software Ltd.
Wednesday, January 1, 2014203702100053438000
Thursday, January 1, 2015250860000083196000
Friday, January 1, 20162731000000115892000
Sunday, January 1, 20172769000000157138000
Monday, January 1, 20183026000000190334000
Tuesday, January 1, 20192972000000236476000
Wednesday, January 1, 20203100000000280428000
Friday, January 1, 20213503000000345826000
Saturday, January 1, 20223443000000427793000
Sunday, January 1, 20233252000000500784000
Monday, January 1, 20243223000000593210000
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Unleashing insights

Navigating SG&A Expenses: A Tale of Two Tech Giants

In the ever-evolving tech landscape, effective cost management is crucial for sustained growth. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Cognizant Technology Solutions Corporation and CyberArk Software Ltd. over the past decade. From 2014 to 2023, Cognizant's SG&A expenses surged by approximately 60%, peaking in 2021. This reflects their strategic investments in scaling operations and expanding market reach. Meanwhile, CyberArk's expenses grew nearly tenfold, highlighting their aggressive expansion and increased market penetration. Notably, 2023 saw a slight dip in Cognizant's expenses, suggesting a shift towards optimizing operational efficiency. In contrast, CyberArk continued its upward trajectory, indicating ongoing growth initiatives. This comparative analysis underscores the diverse strategies employed by these tech leaders in managing operational costs while navigating the competitive tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025