SG&A Efficiency Analysis: Comparing Cisco Systems, Inc. and Gen Digital Inc.

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving landscape of technology, understanding operational efficiency is crucial. Cisco Systems, Inc. and Gen Digital Inc. offer a fascinating study in contrasts over the past decade. From 2014 to 2024, Cisco's Selling, General, and Administrative (SG&A) expenses have shown a steady increase, peaking at approximately $13.2 billion in 2024, a 15% rise from 2014. In contrast, Gen Digital's SG&A expenses have fluctuated, with a notable decrease of over 50% from 2014 to 2023, before a slight uptick in 2024. This divergence highlights Cisco's consistent investment in operational infrastructure, while Gen Digital appears to be optimizing its cost structure. As we move forward, these trends may offer insights into each company's strategic priorities and market positioning. Understanding these dynamics is essential for investors and industry analysts alike, as they navigate the complexities of the tech sector.