Who Optimizes SG&A Costs Better? Intuit Inc. or Analog Devices, Inc.

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive landscape of technology, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Intuit Inc. and Analog Devices, Inc. have showcased contrasting strategies in this domain. From 2014 to 2024, Intuit's SG&A expenses surged by approximately 225%, reflecting its aggressive expansion and investment in customer acquisition. In contrast, Analog Devices maintained a more conservative growth of around 135%, indicating a focus on operational efficiency.

A Decade of Financial Strategy

By 2023, Intuit's SG&A expenses were nearly four times higher than Analog Devices, highlighting its expansive business model. However, Analog Devices' steady increase suggests a strategic balance between growth and cost management. This comparison offers valuable insights into how two industry leaders navigate financial strategies to optimize their operational costs.