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

Intuit vs. Synopsys: A Decade of SG&A Cost Strategies

__timestampIntuit Inc.Synopsys, Inc.
Wednesday, January 1, 20141762000000608294000
Thursday, January 1, 20151771000000639504000
Friday, January 1, 20161807000000668330000
Sunday, January 1, 20171973000000746092000
Monday, January 1, 20182298000000885538000
Tuesday, January 1, 20192524000000862108000
Wednesday, January 1, 20202727000000916540000
Friday, January 1, 202136260000001035479000
Saturday, January 1, 202249860000001133617000
Sunday, January 1, 202350620000001299327000
Monday, January 1, 202457300000001427838000
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Cracking the code

Optimizing SG&A Costs: Intuit Inc. vs. Synopsys, Inc.

In the competitive landscape of financial management, optimizing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Intuit Inc. and Synopsys, Inc. have demonstrated contrasting strategies in managing these costs. From 2014 to 2024, Intuit's SG&A expenses have surged by over 225%, reflecting a strategic investment in growth and innovation. In contrast, Synopsys has maintained a more conservative increase of approximately 135%, indicating a focus on efficiency and cost control.

Intuit's expenses peaked in 2024, reaching nearly 5.73 billion, while Synopsys managed to keep its costs below 1.43 billion. This disparity highlights Intuit's aggressive expansion strategy compared to Synopsys's steady, controlled growth. As businesses navigate the complexities of financial management, these insights offer valuable lessons in balancing growth with cost efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025