Operational Costs Compared: SG&A Analysis of Adobe Inc. and Dell Technologies Inc.

A Decade of SG&A: Adobe vs. Dell

In the ever-evolving landscape of technology, operational efficiency is paramount. Over the past decade, Adobe Inc. and Dell Technologies Inc. have showcased contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses. Adobe's SG&A expenses have surged by approximately 230% from 2014 to 2024, reflecting its aggressive growth and expansion strategies. In contrast, Dell's SG&A expenses peaked in 2019, with a notable 130% increase from 2014, before stabilizing in recent years. This divergence highlights Adobe's focus on scaling its creative software empire, while Dell has streamlined operations post its EMC acquisition. As we look to the future, understanding these trends offers valuable insights into how tech giants balance growth with operational costs.