NVIDIA Corporation vs Applied Materials, Inc.: SG&A Expense Trends

SG&A Expense Trends: NVIDIA vs. Applied Materials

In the ever-evolving tech industry, understanding financial trends is crucial. Over the past decade, NVIDIA Corporation and Applied Materials, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, NVIDIA's SG&A expenses surged by over 500%, reflecting its aggressive growth strategy and market expansion. In contrast, Applied Materials experienced a more modest increase of around 100%, indicating steady growth and operational efficiency.

Key Insights

• NVIDIA's Growth: By 2023, NVIDIA's SG&A expenses reached approximately 2.44 billion, a significant leap from 435 million in 2014. This increase underscores its investment in innovation and market leadership.
• Applied Materials' Stability: Applied Materials maintained a consistent upward trend, with expenses rising from 890 million in 2014 to 1.797 billion in 2024, highlighting its focus on sustainable growth.

These trends offer a window into the strategic priorities of two tech giants, each navigating the competitive landscape with distinct approaches.