Selling, General, and Administrative Costs: Axon Enterprise, Inc. vs L3Harris Technologies, Inc.

A Tale of Two Companies: SG&A Expenses Over Time

In the competitive landscape of the defense and technology sectors, understanding the financial strategies of leading companies is crucial. Axon Enterprise, Inc. and L3Harris Technologies, Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses from 2014 to 2023.

Axon Enterprise, Inc.

Axon has demonstrated a remarkable growth trajectory, with SG&A expenses increasing by over 800% from 2014 to 2021. This surge reflects Axon's aggressive expansion and investment in administrative capabilities. However, a slight dip in 2022 suggests a strategic recalibration.

L3Harris Technologies, Inc.

In contrast, L3Harris's SG&A expenses peaked in 2020, marking a 275% increase from 2014. The subsequent decline by 2023 indicates a shift towards cost optimization, possibly in response to market pressures.

These trends highlight the dynamic nature of financial management in the tech and defense industries, offering valuable insights for investors and analysts alike.