Operational Costs Compared: SG&A Analysis of Applied Materials, Inc. and Corning Incorporated

A Comparative Analysis of SG&A Expenses: Applied Materials vs. Corning

In the ever-evolving landscape of technology and materials, operational efficiency is paramount. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Applied Materials, Inc. and Corning Incorporated, from 2014 to 2023. Over this decade, Corning consistently outspent Applied Materials, with SG&A expenses peaking at approximately 1.9 billion in 2022, a 57% increase from 2014. In contrast, Applied Materials saw a more dramatic rise, with expenses surging by 102% to nearly 1.8 billion in 2023. This trend highlights Corning's steady operational strategy, while Applied Materials demonstrates a more aggressive expansion. Notably, data for Corning in 2024 is missing, suggesting potential shifts in their financial strategy. As these companies continue to innovate, understanding their cost structures provides valuable insights into their competitive positioning and future growth trajectories.