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

TSMC vs. Intuit: A Decade of SG&A Expense Growth

__timestampIntuit Inc.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 2014176200000024020800000
Thursday, January 1, 2015177100000022921900000
Friday, January 1, 2016180700000025696400000
Sunday, January 1, 2017197300000027169200000
Monday, January 1, 2018229800000026253700000
Tuesday, January 1, 2019252400000028085800000
Wednesday, January 1, 2020272700000035570400000
Friday, January 1, 2021362600000044488200000
Saturday, January 1, 2022498600000063445300000
Sunday, January 1, 2023506200000071464000000
Monday, January 1, 2024573000000096889000000
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A Tale of Two Giants: SG&A Expenses in the Tech Industry

In the ever-evolving landscape of technology, understanding the financial strategies of industry leaders is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two titans: Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Intuit Inc., from 2014 to 2024. Over this decade, TSMC's SG&A expenses have surged by approximately 300%, reflecting its aggressive expansion and innovation strategies. In contrast, Intuit's expenses have grown by about 225%, showcasing its steady investment in customer-centric solutions. Notably, TSMC's expenses in 2024 are nearly 17 times higher than Intuit's, highlighting the scale of operations in the semiconductor industry compared to software services. This financial journey underscores the diverse approaches these companies take to maintain their competitive edge in a rapidly changing market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025