A Decade of SG&A: SAP SE vs. Nutanix, Inc.

In the ever-evolving tech industry, operational efficiency is key. Over the past decade, SAP SE and Nutanix, Inc. have showcased contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses. While SAP SE, a giant in enterprise software, consistently maintained SG&A expenses around 80% of its revenue, Nutanix, Inc., a cloud computing leader, saw a dramatic rise, peaking at over 1.2 billion USD in 2020, a tenfold increase since 2014.

Key Insights

• SAP SE: Despite fluctuations, SAP's SG&A expenses remained relatively stable, reflecting its mature market position.
• Nutanix, Inc.: The company's aggressive growth strategy is evident in its rising SG&A costs, which increased by over 1000% from 2014 to 2023.

This analysis highlights the diverse approaches of established and emerging tech firms in balancing growth and operational costs.