Micron Technology, Inc. or Teradyne, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Micron vs. Teradyne

In the competitive landscape of semiconductor and electronics manufacturing, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. From 2014 to 2023, Micron Technology, Inc. and Teradyne, Inc. have shown distinct approaches to handling these costs.

Micron's SG&A expenses have seen a steady increase, peaking at approximately 1.13 billion in 2024, reflecting a growth of over 60% from 2014. This trend suggests a strategic investment in administrative capabilities, possibly to support its expanding operations. In contrast, Teradyne's SG&A expenses have grown more modestly, with a 79% increase from 2014 to 2023, reaching around 571 million. This indicates a more conservative approach, potentially focusing on efficiency and cost control.

While Micron's aggressive spending might fuel growth, Teradyne's restraint could enhance profitability. The missing data for 2024 suggests a need for further analysis to understand future trends.