SG&A Efficiency Analysis: Comparing International Business Machines Corporation and HubSpot, Inc.

SG&A Efficiency: IBM vs. HubSpot's Strategic Insights

__timestampHubSpot, Inc.International Business Machines Corporation
Wednesday, January 1, 201410176700022472000000
Thursday, January 1, 201514803700019894000000
Friday, January 1, 201620776700020279000000
Sunday, January 1, 201726964600019680000000
Monday, January 1, 201834327800019366000000
Tuesday, January 1, 201943365600018724000000
Wednesday, January 1, 202056130600020561000000
Friday, January 1, 202179463000018745000000
Saturday, January 1, 2022108378900017483000000
Sunday, January 1, 2023131820900017997000000
Monday, January 1, 2024151917600029536000000
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Cracking the code

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 juxtaposes the SG&A efficiency of two industry giants: International Business Machines Corporation (IBM) and HubSpot, Inc., from 2014 to 2023.

IBM's Steady Course

IBM, a stalwart in the tech industry, maintained a consistent SG&A expense, averaging around $20 billion annually. Despite fluctuations, IBM's expenses reflect a stable operational strategy, with a slight decrease of about 20% over the decade.

HubSpot's Dynamic Growth

Conversely, HubSpot, a leader in inbound marketing, exhibited a dynamic growth trajectory. Starting with SG&A expenses of approximately $100 million in 2014, HubSpot's expenses surged by over 1,200% to $1.3 billion by 2023. This growth underscores HubSpot's aggressive expansion and investment in scaling operations.

Conclusion

This comparative analysis highlights the contrasting strategies of IBM and HubSpot, offering insights into their operational efficiencies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025