A Decade of SG&A: Adobe vs. VMware

In the ever-evolving tech landscape, operational efficiency is paramount. Over the past decade, Adobe Inc. and VMware, Inc. have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. Adobe's SG&A costs have surged by over 230% from 2014 to 2023, reflecting its aggressive growth strategy and market expansion. In contrast, VMware's expenses grew by approximately 147% during the same period, indicating a more measured approach.

Key Insights

• Adobe's Growth: Adobe's SG&A expenses consistently increased, peaking in 2023, highlighting its commitment to innovation and market leadership.
• VMware's Strategy: VMware's expenses, while also rising, show a steadier growth pattern, suggesting a focus on sustainable expansion.

This analysis underscores the strategic differences between these tech giants, offering a glimpse into their operational priorities and market positioning.