Selling, General, and Administrative Costs: Taiwan Semiconductor Manufacturing Company Limited vs Cisco Systems, Inc.

TSMC vs. Cisco: A Decade of SG&A Expense Trends

__timestampCisco Systems, Inc.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 20141143700000024020800000
Thursday, January 1, 20151186100000022921900000
Friday, January 1, 20161143300000025696400000
Sunday, January 1, 20171117700000027169200000
Monday, January 1, 20181138600000026253700000
Tuesday, January 1, 20191139800000028085800000
Wednesday, January 1, 20201109400000035570400000
Friday, January 1, 20211141100000044488200000
Saturday, January 1, 20221118600000063445300000
Sunday, January 1, 20231235800000071464000000
Monday, January 1, 20241317700000096889000000
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Cracking the code

A Tale of Two Giants: SG&A Expenses in the Tech Industry

In the ever-evolving landscape of the tech industry, understanding the financial strategies of leading companies is crucial. Over the past decade, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Cisco Systems, Inc. have demonstrated distinct approaches to managing Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, TSMC's SG&A expenses surged by approximately 300%, reflecting its aggressive expansion and innovation strategies. In contrast, Cisco's expenses grew by a modest 15%, indicating a more stable and controlled financial approach.

Key Insights

  • TSMC's Growth: By 2024, TSMC's SG&A expenses reached nearly four times that of 2014, highlighting its commitment to scaling operations and capturing market share.
  • Cisco's Stability: Cisco maintained a steady increase, with expenses peaking in 2024, showcasing its focus on efficiency and consistent growth.

These trends underscore the diverse strategies employed by tech giants in navigating the competitive global market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025