Operational Costs Compared: SG&A Analysis of VMware, Inc. and Manhattan Associates, Inc.

A Decade of SG&A: VMware vs. Manhattan Associates

In the ever-evolving tech landscape, operational efficiency is paramount. Over the past decade, VMware, Inc. and Manhattan Associates, Inc. have showcased contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, VMware's SG&A expenses surged by approximately 147%, reflecting its aggressive expansion and market penetration strategies. In contrast, Manhattan Associates exhibited a more conservative growth of around 60% in the same period, emphasizing steady operational management.

Key Insights

• VMware's Growth Trajectory: By 2023, VMware's SG&A expenses reached over $5.5 billion, a testament to its expansive operational framework.
• Manhattan's Steady Climb: Manhattan Associates, while smaller in scale, saw its SG&A expenses rise to $156 million, indicating a consistent growth strategy.

These trends highlight the diverse approaches tech companies adopt in balancing growth with operational costs, offering valuable insights for investors and industry analysts alike.