Intuit Inc. and Workday, Inc.: SG&A Spending Patterns Compared

SG&A Spending Patterns: Intuit Inc. vs. Workday, Inc.

In the ever-evolving landscape of financial technology, understanding the spending patterns of industry giants like Intuit Inc. and Workday, Inc. offers valuable insights. Over the past decade, Intuit has consistently outpaced Workday in Selling, General, and Administrative (SG&A) expenses, reflecting its expansive growth strategy. From 2014 to 2024, Intuit's SG&A expenses surged by over 225%, reaching approximately $5.73 billion in 2024. In contrast, Workday's SG&A expenses grew by nearly 980% during the same period, peaking at around $2.84 billion.

This trend highlights Intuit's dominant market position and its aggressive investment in administrative capabilities. Meanwhile, Workday's rapid increase in SG&A spending underscores its ambitious expansion efforts in the competitive cloud-based software sector. As these companies continue to innovate, their spending patterns provide a window into their strategic priorities and market positioning.