A Tale of Two Tech Giants: Arista Networks vs. Manhattan Associates

In the ever-evolving tech landscape, understanding operational costs is crucial. Arista Networks, Inc. and Manhattan Associates, Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Arista Networks saw a staggering 340% increase in SG&A costs, reflecting its aggressive growth strategy. In contrast, Manhattan Associates experienced a more modest 60% rise, indicating a steady, controlled expansion.

Key Insights

• Arista Networks: By 2023, their SG&A expenses reached over four times their 2014 levels, highlighting their rapid scaling efforts.
• Manhattan Associates: Despite a consistent upward trend, their expenses grew at a more measured pace, suggesting a focus on sustainable growth.

These trends offer a window into the strategic priorities of these companies, with Arista prioritizing rapid expansion and Manhattan focusing on steady growth.