Selling, General, and Administrative Costs: International Business Machines Corporation vs Splunk Inc.

IBM vs. Splunk: A Decade of SG&A Strategies

__timestampInternational Business Machines CorporationSplunk Inc.
Wednesday, January 1, 201422472000000269210000
Thursday, January 1, 201519894000000447517000
Friday, January 1, 201620279000000626927000
Sunday, January 1, 201719680000000806883000
Monday, January 1, 201819366000000967560000
Tuesday, January 1, 2019187240000001267538000
Wednesday, January 1, 2020205610000001596475000
Friday, January 1, 2021187450000001671200000
Saturday, January 1, 2022174830000002056950000
Sunday, January 1, 2023179970000002076049000
Monday, January 1, 2024295360000002074630000
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Data in motion

A Tale of Two Giants: IBM vs. Splunk in SG&A Costs

In the ever-evolving landscape of technology, understanding the financial strategies of industry leaders is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two tech titans: International Business Machines Corporation (IBM) and Splunk Inc., from 2014 to 2024.

IBM's Steady Course

IBM, a stalwart in the tech industry, has consistently maintained high SG&A expenses, peaking at approximately $29.5 billion in 2024. Despite fluctuations, IBM's expenses have remained relatively stable, reflecting its expansive global operations and commitment to innovation.

Splunk's Growth Trajectory

Conversely, Splunk, a leader in data analytics, has seen its SG&A expenses grow by nearly 670% over the decade, reaching around $2.1 billion in 2023. This surge underscores Splunk's aggressive expansion and investment in market penetration.

Conclusion

This comparison highlights the contrasting strategies of a legacy giant and a rising star, offering insights into their financial priorities and market approaches.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025