SG&A Expense Trends: Marvell Technology, Inc. vs Fortive Corporation

In the ever-evolving landscape of technology and industrial solutions, understanding financial trends is crucial. Over the past decade, Marvell Technology, Inc. and Fortive Corporation have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Fortive's SG&A expenses have surged by approximately 45%, peaking in 2023. This growth reflects Fortive's strategic investments and expansion efforts. In contrast, Marvell Technology's SG&A expenses have more than tripled, highlighting its aggressive growth strategy and market adaptation. Notably, 2022 marked a significant year for Marvell, with expenses nearly doubling from the previous year, indicating a pivotal shift in its operational focus. While Fortive's data for 2024 remains elusive, Marvell's slight dip suggests a potential recalibration. These trends offer a window into the strategic priorities and market positioning of these industry giants.