Intel Corporation or VeriSign, Inc.: Who Manages SG&A Costs Better?

Intel vs. VeriSign: A Decade of SG&A Management

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Intel Corporation and VeriSign, Inc. have demonstrated contrasting approaches to SG&A cost management. From 2014 to 2023, Intel's SG&A expenses have seen a significant reduction of approximately 31%, dropping from $8.1 billion to $5.6 billion. This reflects Intel's strategic focus on cost efficiency amidst a competitive tech industry.

Conversely, VeriSign's SG&A expenses have remained relatively stable, with a slight increase of about 8% over the same period, from $189 million to $204 million. This stability suggests a consistent investment in administrative functions, aligning with VeriSign's steady growth in the domain name registry sector. As these two giants navigate their respective markets, their SG&A strategies offer valuable insights into balancing cost control with business expansion.