Selling, General, and Administrative Costs: Intel Corporation vs Garmin Ltd.

A Decade of SG&A: Intel vs. Garmin

In the ever-evolving tech landscape, understanding the financial strategies of industry giants like Intel Corporation and Garmin Ltd. is crucial. Over the past decade, from 2014 to 2023, these companies have navigated the complexities of Selling, General, and Administrative (SG&A) expenses with distinct approaches.

Intel's Strategic Shift

Intel's SG&A expenses have seen a notable decline, dropping approximately 31% from 2014 to 2023. This reduction reflects Intel's strategic focus on optimizing operational efficiency amidst a competitive semiconductor market.

Garmin's Growth Trajectory

Conversely, Garmin has experienced a steady increase in SG&A costs, rising by about 94% over the same period. This growth underscores Garmin's commitment to expanding its market presence and investing in innovation.

Conclusion

These trends highlight the contrasting strategies of two tech leaders, offering valuable insights into their financial priorities and market positioning.