Cost Management Insights: SG&A Expenses for Broadcom Inc. and QUALCOMM Incorporated

Navigating SG&A Expenses: A Tale of Two Giants

In the ever-evolving landscape of technology, effective cost management is crucial for maintaining competitive advantage. Broadcom Inc. and QUALCOMM Incorporated, two titans in the semiconductor industry, have demonstrated distinct strategies in managing their Selling, General, and Administrative (SG&A) expenses over the past decade.

Broadcom Inc.: A Rollercoaster Ride

From 2014 to 2023, Broadcom's SG&A expenses have seen a dramatic increase of over 1,100%, peaking in 2024. This surge reflects Broadcom's aggressive expansion and strategic acquisitions, which have necessitated higher administrative costs.

QUALCOMM Incorporated: Steady as She Goes

In contrast, QUALCOMM's SG&A expenses have remained relatively stable, with a modest increase of about 20% over the same period. This stability underscores QUALCOMM's focus on operational efficiency and consistent market presence.

Conclusion

Understanding these trends provides valuable insights into the financial strategies of these industry leaders, offering lessons in balancing growth with cost management.