Operational Costs Compared: SG&A Analysis of Apple Inc. and Monolithic Power Systems, Inc.

A Tale of Two Giants: SG&A Expenses of Apple Inc. and Monolithic Power Systems, Inc.

In the ever-evolving tech industry, operational efficiency is key to maintaining a competitive edge. This analysis of Selling, General, and Administrative (SG&A) expenses from 2014 to 2023 offers a fascinating glimpse into the financial strategies of two industry leaders: Apple Inc. and Monolithic Power Systems, Inc.

Apple's SG&A expenses have seen a steady increase, growing by approximately 117% over the decade. This reflects its expansive global operations and marketing prowess. In contrast, Monolithic Power Systems, Inc. has experienced a remarkable 313% rise in SG&A expenses, albeit from a much smaller base, highlighting its aggressive growth strategy.

While Apple's expenses dwarf those of Monolithic Power Systems, the latter's rapid growth trajectory is noteworthy. The data for 2024 is incomplete, leaving room for speculation on future trends. This comparison underscores the diverse approaches companies take to scale and sustain their market positions.