Operational Costs Compared: SG&A Analysis of QUALCOMM Incorporated and Garmin Ltd.

A Decade of SG&A: QUALCOMM vs. Garmin

In the ever-evolving tech landscape, operational efficiency is paramount. Over the past decade, QUALCOMM Incorporated and Garmin Ltd. have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, QUALCOMM's SG&A expenses have fluctuated, peaking in 2018 and showing a slight decline by 2023. In contrast, Garmin's expenses have steadily increased, reflecting a growth of approximately 94% over the same period.

QUALCOMM's expenses, which were consistently higher, highlight its expansive operations and market reach. Meanwhile, Garmin's gradual rise in SG&A expenses underscores its strategic investments in innovation and market expansion. Notably, 2024 data for Garmin is missing, leaving room for speculation on its future financial strategies. This analysis offers a window into the financial strategies of two tech giants, providing valuable insights for investors and industry enthusiasts alike.