NVIDIA Corporation vs Cisco Systems, Inc.: SG&A Expense Trends

SG&A Expense Trends: NVIDIA vs. Cisco

In the ever-evolving tech landscape, understanding the financial strategies of industry giants like NVIDIA Corporation and Cisco Systems, Inc. is crucial. Over the past decade, from 2014 to 2024, these companies have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses.

A Decade of Financial Strategy

Cisco Systems, Inc. has maintained a relatively stable SG&A expense, averaging around $11.6 billion annually. However, a notable increase of approximately 15% is observed from 2023 to 2024, indicating a potential strategic shift. In contrast, NVIDIA Corporation has seen a dramatic rise in SG&A expenses, growing over 500% from 2014 to 2024. This surge reflects NVIDIA's aggressive expansion and investment in innovation.

Strategic Implications

These trends highlight differing strategic priorities: Cisco's steady approach versus NVIDIA's rapid growth trajectory. Investors and analysts should consider these patterns when evaluating future performance and market positioning.