A Decade of SG&A: Axon vs. HEICO

In the ever-evolving landscape of operational costs, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of a company's efficiency and strategic focus. Over the past decade, Axon Enterprise, Inc. and HEICO Corporation have showcased contrasting trajectories in their SG&A expenditures.

Axon Enterprise, Inc.

From 2014 to 2023, Axon saw a staggering 817% increase in SG&A expenses, peaking in 2021. This surge reflects Axon's aggressive expansion and investment in innovation, particularly in public safety technology.

HEICO Corporation

HEICO, a leader in aerospace and electronics, experienced a more moderate 165% rise in SG&A costs over the same period. The company's steady growth underscores its strategic acquisitions and market expansion.

Conclusion

While Axon's rapid increase highlights its dynamic growth strategy, HEICO's consistent rise points to a stable, long-term approach. Missing data for 2024 suggests ongoing developments in this financial narrative.