Selling, General, and Administrative Costs: Apple Inc. vs Fair Isaac Corporation

A Tale of Two Giants: Apple Inc. vs Fair Isaac Corporation

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of a company's operational efficiency. Over the past decade, Apple Inc. and Fair Isaac Corporation have showcased contrasting trajectories in their SG&A expenditures. From 2014 to 2024, Apple Inc. has seen a staggering 117% increase in its SG&A costs, reflecting its expansive growth and market dominance. In contrast, Fair Isaac Corporation's SG&A expenses have grown by approximately 66%, indicating a more measured approach to scaling operations.

Key Insights

• Apple Inc.: By 2024, Apple's SG&A expenses reached over $26 billion, a testament to its aggressive market strategies and global reach.
• Fair Isaac Corporation: Despite a more modest SG&A of $463 million in 2024, Fair Isaac's consistent growth underscores its strategic focus on innovation and technology.

These trends highlight the diverse strategies employed by these industry leaders in navigating the complexities of the modern business world.