Operational Costs Compared: SG&A Analysis of Advanced Micro Devices, Inc. and Shopify Inc.

A Decade of SG&A Evolution: AMD vs. Shopify

In the ever-evolving tech landscape, operational efficiency is paramount. Over the past decade, Advanced Micro Devices, Inc. (AMD) and Shopify Inc. have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, AMD's SG&A expenses surged by nearly 293%, reflecting its aggressive expansion and strategic investments. In contrast, Shopify's expenses grew by an impressive 2,874%, underscoring its rapid scaling and market penetration.

Key Insights

• 2014-2016: AMD maintained a steady SG&A, while Shopify's expenses increased threefold, marking its initial growth phase.
• 2017-2020: Both companies saw significant increases, with AMD's expenses doubling and Shopify's quadrupling, highlighting their competitive strategies.
• 2021-2023: AMD's expenses peaked at 2.35 billion, while Shopify's reached 1.71 billion, indicating their matured operational frameworks.

This analysis offers a window into the strategic priorities of two tech giants, each navigating their unique paths to success.