International Business Machines Corporation or MicroStrategy Incorporated: Who Manages SG&A Costs Better?

IBM vs. MicroStrategy: A Decade of SG&A Cost Management

__timestampInternational Business Machines CorporationMicroStrategy Incorporated
Wednesday, January 1, 201422472000000321429000
Thursday, January 1, 201519894000000229254000
Friday, January 1, 201620279000000238202000
Sunday, January 1, 201719680000000254773000
Monday, January 1, 201819366000000291659000
Tuesday, January 1, 201918724000000277932000
Wednesday, January 1, 202020561000000229046000
Friday, January 1, 202118745000000255642000
Saturday, January 1, 202217483000000258303000
Sunday, January 1, 202317997000000264983000
Monday, January 1, 202429536000000278618000
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Unleashing insights

SG&A Cost Management: IBM vs. MicroStrategy

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. From 2014 to 2023, International Business Machines Corporation (IBM) and MicroStrategy Incorporated have showcased contrasting approaches to SG&A cost management. IBM, a tech giant, consistently reported SG&A expenses averaging around $20 billion annually, with a notable peak in 2024. In contrast, MicroStrategy, a smaller player, maintained a more modest average of $262 million, reflecting a leaner operational model.

IBM's SG&A expenses fluctuated, with a significant 30% increase from 2023 to 2024, indicating potential strategic shifts or investments. Meanwhile, MicroStrategy's expenses remained relatively stable, highlighting its disciplined cost control. This comparison underscores the diverse strategies employed by companies of different scales in managing operational costs, offering valuable insights for investors and financial analysts.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025