Comparing SG&A Expenses: NVIDIA Corporation vs Fortive Corporation Trends and Insights

A Tale of Two Giants: SG&A Expenses of NVIDIA and Fortive

In the ever-evolving landscape of technology and industrial solutions, NVIDIA Corporation and Fortive Corporation stand as titans. Over the past decade, their Selling, General, and Administrative (SG&A) expenses have revealed intriguing trends. From 2014 to 2023, Fortive's SG&A expenses grew by approximately 45%, peaking in 2019. Meanwhile, NVIDIA's expenses surged by over 460%, reflecting its aggressive expansion and innovation strategy. Notably, in 2023, NVIDIA's SG&A expenses surpassed Fortive's by about 18%, highlighting its rapid growth trajectory. This comparison underscores the dynamic nature of these industries, where strategic investments in administration and sales can drive significant growth. As we look to 2024, NVIDIA's continued rise in expenses suggests a relentless pursuit of market leadership, while Fortive's data remains to be seen, leaving room for speculation.