Who Optimizes SG&A Costs Better? International Business Machines Corporation or Cognizant Technology Solutions Corporation

IBM vs. Cognizant: A Decade of SG&A Cost Strategies

__timestampCognizant Technology Solutions CorporationInternational Business Machines Corporation
Wednesday, January 1, 2014203702100022472000000
Thursday, January 1, 2015250860000019894000000
Friday, January 1, 2016273100000020279000000
Sunday, January 1, 2017276900000019680000000
Monday, January 1, 2018302600000019366000000
Tuesday, January 1, 2019297200000018724000000
Wednesday, January 1, 2020310000000020561000000
Friday, January 1, 2021350300000018745000000
Saturday, January 1, 2022344300000017483000000
Sunday, January 1, 2023325200000017997000000
Monday, January 1, 2024322300000029536000000
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Infusing magic into the data realm

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive world of technology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, International Business Machines Corporation (IBM) and Cognizant Technology Solutions Corporation have showcased contrasting strategies in this domain. From 2014 to 2023, IBM's SG&A expenses have consistently been higher, peaking at nearly $30 billion in 2024, while Cognizant's expenses remained below $4 billion annually. This disparity highlights IBM's expansive operational scale compared to Cognizant's more streamlined approach. Interestingly, IBM's expenses saw a significant drop of about 20% from 2014 to 2023, indicating a strategic shift towards cost optimization. Meanwhile, Cognizant's expenses grew by approximately 60% during the same period, reflecting its aggressive expansion strategy. These trends underscore the diverse paths these tech giants have taken in navigating the ever-evolving market landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025