Cost Management Insights: SG&A Expenses for Salesforce, Inc. and ON Semiconductor Corporation

Navigating Cost Management: A Tale of Two Giants

In the ever-evolving landscape of technology and semiconductor industries, effective cost management is crucial. Over the past decade, Salesforce, Inc. and ON Semiconductor Corporation have demonstrated contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses.

Salesforce, a leader in cloud-based solutions, has seen its SG&A expenses grow by approximately 480% from 2014 to 2023, reflecting its aggressive expansion and investment in customer acquisition. In contrast, ON Semiconductor, a key player in the semiconductor sector, has maintained a more stable SG&A expense growth of around 68% over the same period, indicating a more conservative approach.

This divergence highlights the strategic choices companies make in balancing growth and cost efficiency. As we look to 2024, Salesforce's data is incomplete, suggesting potential shifts in strategy or reporting. These insights offer a window into the financial stewardship of these industry titans.