SG&A Expense Trends: Salesforce vs. QUALCOMM

In the ever-evolving landscape of technology giants, understanding financial trends is crucial. Over the past decade, Salesforce, Inc. and QUALCOMM Incorporated have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, Salesforce's SG&A expenses surged by approximately 457%, reflecting its aggressive growth strategy and expansion efforts. In contrast, QUALCOMM's expenses exhibited a more modest increase of around 20%, indicating a stable operational approach.

A Decade of Financial Insights

Salesforce's expenses peaked in 2023, reaching nearly six times its 2014 levels, while QUALCOMM maintained a steady range, with a slight uptick in 2024. This divergence highlights Salesforce's rapid scaling and market penetration, compared to QUALCOMM's consistent yet conservative financial management. These insights provide a window into the strategic priorities of these tech titans, offering valuable lessons for investors and industry watchers alike.