Selling, General, and Administrative Costs: NVIDIA Corporation vs Analog Devices, Inc.

A Decade of SG&A Trends: NVIDIA vs. Analog Devices

In the ever-evolving tech industry, understanding financial trends is crucial. Over the past decade, from 2014 to 2024, NVIDIA Corporation and Analog Devices, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. NVIDIA's SG&A costs have surged by approximately 510%, reflecting its aggressive growth strategy and market expansion. In contrast, Analog Devices has seen a more modest increase of around 135%, indicating a steady, controlled growth approach.

Key Insights

• NVIDIA's Leap: By 2023, NVIDIA's SG&A expenses reached nearly 2.44 billion, a significant rise from 2014's 435 million, showcasing its rapid scaling and investment in innovation.
• Analog Devices' Stability: Analog Devices maintained a consistent growth pattern, with expenses peaking at 1.27 billion in 2023, up from 455 million in 2014.

These trends highlight the contrasting strategies of two tech giants, offering valuable insights for investors and industry analysts.