NVIDIA Corporation or PTC Inc.: Who Manages SG&A Costs Better?

NVIDIA vs. PTC: A Decade of SG&A Management

In the competitive landscape of technology giants, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, NVIDIA Corporation and PTC Inc. have showcased contrasting strategies in handling these costs. From 2014 to 2024, NVIDIA's SG&A expenses surged by over 500%, reflecting its aggressive expansion and investment in innovation. In contrast, PTC Inc. maintained a more conservative growth of approximately 60% in the same period, indicating a focus on efficiency and cost control.

NVIDIA's expenses peaked in 2024, reaching nearly 2.7 billion, while PTC's expenses remained under 800 million. This disparity highlights NVIDIA's larger scale and broader market reach. However, PTC's steady approach may appeal to investors seeking stability. As these companies continue to evolve, their SG&A strategies will remain pivotal in shaping their financial futures.