Selling, General, and Administrative Costs: Arista Networks, Inc. vs Leidos Holdings, Inc.

A Tale of Two Giants: Arista Networks vs. Leidos Holdings

In the ever-evolving landscape of technology and defense, Arista Networks and Leidos Holdings stand as titans, each with a unique trajectory in managing their Selling, General, and Administrative (SG&A) expenses. Over the past decade, from 2014 to 2023, Arista Networks has seen a remarkable increase in SG&A costs, growing by approximately 340%, reflecting its aggressive expansion and innovation strategies. Meanwhile, Leidos Holdings, a leader in defense and engineering solutions, has maintained a steady growth of around 200% in the same period, underscoring its strategic investments in operational efficiency.

Key Insights

• Arista Networks: From 2014 to 2023, SG&A expenses surged from $118 million to $518 million, highlighting its rapid growth.
• Leidos Holdings: Expenses rose from $310 million to $942 million, showcasing its robust market presence.

This comparison offers a fascinating glimpse into how these industry leaders allocate resources to sustain their competitive edge.