Breaking Down SG&A Expenses: QUALCOMM Incorporated vs The Trade Desk, Inc.

A Comparative Analysis of SG&A Expenses: QUALCOMM vs. The Trade Desk

In the ever-evolving landscape of technology, understanding the financial strategies of industry giants is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of QUALCOMM Incorporated and The Trade Desk, Inc. over the past decade. From 2014 to 2023, QUALCOMM's SG&A expenses have shown a steady increase, peaking at approximately $2.76 billion in 2024, reflecting a 20% rise from 2014. In contrast, The Trade Desk has experienced a remarkable growth trajectory, with SG&A expenses skyrocketing from a modest $24 million in 2014 to nearly $968 million in 2023, marking an astounding 3,900% increase. This stark contrast highlights the aggressive expansion and scaling strategies of The Trade Desk compared to QUALCOMM's more stable approach. Notably, data for 2024 is missing for The Trade Desk, leaving room for speculation on future trends.