A Decade of SG&A: Broadcom Inc. vs. II-VI Incorporated

In the ever-evolving tech industry, operational efficiency is key. Over the past decade, Broadcom Inc. and II-VI Incorporated have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. Broadcom's SG&A expenses surged by over 1,100% from 2014 to 2024, peaking at nearly $5 billion in 2024. This reflects its aggressive expansion and strategic acquisitions. In contrast, II-VI Incorporated's SG&A expenses grew by approximately 650% from 2014 to 2023, reaching just over $1 billion. This growth highlights its steady scaling efforts. Notably, 2023 marked a significant leap for II-VI, with expenses nearly doubling from the previous year. However, data for 2024 remains elusive, leaving room for speculation. These insights underscore the dynamic nature of operational strategies in the tech sector, where companies balance growth with cost management.