Operational Costs Compared: SG&A Analysis of Palo Alto Networks, Inc. and Gen Digital Inc.

A Decade of SG&A: Palo Alto Networks vs. Gen Digital

In the ever-evolving landscape of cybersecurity, operational efficiency is paramount. Over the past decade, Palo Alto Networks, Inc. and Gen Digital Inc. have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, Palo Alto Networks has seen a staggering 750% increase in SG&A expenses, reflecting its aggressive growth strategy and market expansion. In contrast, Gen Digital's SG&A expenses have decreased by over 50%, indicating a strategic shift towards leaner operations.

Key Insights

• 2014-2018: Gen Digital led with higher SG&A, peaking in 2014, while Palo Alto Networks steadily increased its spending.
• 2019-2024: A role reversal occurred as Palo Alto Networks' expenses surged, surpassing Gen Digital by 2021.

This analysis highlights the dynamic strategies of these industry giants, offering a glimpse into their operational priorities and market positioning.