A Decade of SG&A: NVIDIA vs. Ericsson

In the ever-evolving tech landscape, operational efficiency is paramount. Over the past decade, NVIDIA Corporation and Telefonaktiebolaget LM Ericsson have showcased contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, NVIDIA's SG&A expenses surged by over 500%, reflecting its aggressive growth strategy and expansion into new markets. In contrast, Ericsson's expenses remained relatively stable, with a modest increase of around 39% over the same period, highlighting its focus on maintaining operational stability.

Key Insights

• NVIDIA's Growth: By 2023, NVIDIA's SG&A expenses reached approximately $2.44 billion, a testament to its rapid expansion and increased market presence.
• Ericsson's Stability: Despite fluctuations, Ericsson's expenses hovered around $30 billion, underscoring its commitment to consistent operational management.

This analysis offers a glimpse into the strategic priorities of two tech giants, each navigating the complexities of a dynamic industry.