Selling, General, and Administrative Costs: Adobe Inc. vs PTC Inc.

A Tale of Two Giants: Adobe Inc. vs. PTC Inc.

In the ever-evolving landscape of technology, understanding the financial dynamics of industry leaders is crucial. Adobe Inc. and PTC Inc., two titans in the software sector, have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses over the past decade. Adobe's SG&A costs have surged by approximately 230% from 2014 to 2024, reflecting its aggressive expansion and innovation strategies. In contrast, PTC Inc. has maintained a more conservative growth, with a 58% increase in the same period. This divergence highlights Adobe's commitment to scaling its operations and market reach, while PTC focuses on steady, sustainable growth. As we look to the future, these trends offer valuable insights into the strategic priorities of these companies and their potential impact on the tech industry.