SG&A Efficiency Analysis: Comparing Atlassian Corporation and Corning Incorporated

SG&A Efficiency: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. This analysis compares Atlassian Corporation and Corning Incorporated from 2014 to 2023.

Atlassian's Growth Trajectory

Atlassian Corporation, a leader in software development, has seen its SG&A expenses grow significantly, from approximately $76 million in 2014 to an impressive $1.49 billion in 2023. This represents a staggering increase of nearly 1,860%, reflecting the company's aggressive expansion and investment in operational capabilities.

Corning's Steady Path

Corning Incorporated, renowned for its innovations in materials science, maintained a more stable SG&A expense pattern. Starting at $1.21 billion in 2014, it peaked at $1.90 billion in 2022, marking a modest 56% increase over the period.

Missing Data Insights

Notably, Corning's 2024 data is absent, suggesting potential shifts in reporting or strategic changes. This gap invites speculation on future trends in SG&A efficiency for the company.