Workday, Inc. and Splunk Inc.: SG&A Spending Patterns Compared

SG&A Spending Patterns: Workday, Inc. vs. Splunk Inc.

In the ever-evolving tech landscape, understanding the financial strategies of leading companies is crucial. Workday, Inc. and Splunk Inc., two giants in the software industry, have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2024, both companies have significantly increased their SG&A spending, reflecting their growth and market strategies. Notably, Workday's SG&A expenses surged by over 980% from 2014 to 2024, while Splunk's expenses grew by approximately 670% in the same period. This trend highlights Workday's aggressive expansion and investment in administrative capabilities. By 2024, Workday's SG&A expenses reached nearly 2.84 billion, surpassing Splunk's 2.07 billion. These figures underscore the competitive dynamics and strategic priorities of these tech leaders as they navigate the challenges and opportunities of the digital age.