Selling, General, and Administrative Costs: Thomson Reuters Corporation vs Axon Enterprise, Inc.

SG&A Expenses: Thomson Reuters vs. Axon Enterprise

__timestampAxon Enterprise, Inc.Thomson Reuters Corporation
Wednesday, January 1, 2014541580009209000000
Thursday, January 1, 2015696980008810000000
Friday, January 1, 20161080760008232000000
Sunday, January 1, 20171386920008079000000
Monday, January 1, 20181568860004131000000
Tuesday, January 1, 20192129590004413000000
Wednesday, January 1, 20203072860003999000000
Friday, January 1, 20215150070001624000000
Saturday, January 1, 20224015750001622000000
Sunday, January 1, 202349687400064000000
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Unleashing the power of data

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

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of a company's operational efficiency. This chart provides a fascinating comparison between Thomson Reuters Corporation and Axon Enterprise, Inc. over the past decade.

From 2014 to 2023, Thomson Reuters experienced a dramatic 99% decrease in SG&A expenses, plummeting from a peak of $9.2 billion in 2014 to a mere $64 million in 2023. This significant reduction reflects strategic cost-cutting measures and a shift in business focus.

Conversely, Axon Enterprise, Inc. saw a remarkable 817% increase in SG&A expenses, growing from $54 million in 2014 to $497 million in 2023. This surge underscores Axon's aggressive expansion and investment in growth initiatives.

These contrasting trends highlight the diverse strategies employed by companies in managing operational costs, offering valuable insights for investors and analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025