Operational Costs Compared: SG&A Analysis of NVIDIA Corporation and QUALCOMM Incorporated

A Decade of SG&A: NVIDIA vs. QUALCOMM

In the ever-evolving tech landscape, operational efficiency is key. Over the past decade, NVIDIA Corporation and QUALCOMM Incorporated have showcased distinct strategies in managing their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, NVIDIA's SG&A expenses surged by over 500%, reflecting its aggressive expansion and innovation drive. In contrast, QUALCOMM's expenses grew by a modest 20%, indicating a more stable operational approach.

Year-on-Year Insights

NVIDIA's SG&A expenses saw a significant leap in 2023, reaching nearly 2.7 billion, a testament to its strategic investments in AI and gaming sectors. Meanwhile, QUALCOMM maintained a steady trajectory, with expenses peaking in 2018 and stabilizing around 2.8 billion by 2024. This comparison highlights NVIDIA's dynamic growth strategy versus QUALCOMM's consistent operational model.

The Bigger Picture

Understanding these trends offers valuable insights into how these tech giants allocate resources to maintain their competitive edge. As the industry continues to evolve, monitoring such financial metrics will be crucial for stakeholders and investors alike.