SG&A Efficiency Analysis: Comparing Cisco Systems, Inc. and Seagate Technology Holdings plc

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving tech landscape, understanding operational efficiency is crucial. Cisco Systems, Inc. and Seagate Technology Holdings plc, two titans in their respective fields, offer a fascinating study in SG&A (Selling, General, and Administrative) expenses over the past decade.

Cisco's Steady Climb

From 2014 to 2024, Cisco's SG&A expenses have shown a consistent upward trend, peaking at approximately $13.2 billion in 2024. This represents a 15% increase from 2014, reflecting Cisco's strategic investments in sales and administration to maintain its competitive edge.

Seagate's Strategic Tightening

Conversely, Seagate's SG&A expenses have decreased by about 36% over the same period, dropping to around $460 million in 2024. This reduction highlights Seagate's focus on cost efficiency and streamlined operations amidst a challenging market environment.

Conclusion

These contrasting strategies underscore the diverse approaches companies take to balance growth and efficiency, offering valuable insights for investors and industry analysts alike.