SG&A Efficiency Analysis: Comparing Marvell Technology, Inc. and Gen Digital Inc.

SG&A Efficiency: A Tale of Two Tech Giants

In the ever-evolving tech landscape, understanding operational efficiency is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Marvell Technology, Inc. and Gen Digital Inc. over the past decade. From 2014 to 2024, Gen Digital Inc. consistently reported higher SG&A expenses, peaking at approximately $2.88 billion in 2014. However, by 2023, their expenses had decreased by about 66% to $968 million, indicating a significant efficiency improvement.

Conversely, Marvell Technology, Inc. showcased a steady increase in SG&A expenses, starting at $259 million in 2014 and reaching $955 million by 2022, a growth of nearly 270%. This trend reflects Marvell's strategic investments in scaling operations. As we move into 2024, both companies continue to adapt, with Gen Digital Inc. showing a slight uptick to $1.34 billion, while Marvell maintains a stable expense level. This comparative analysis highlights the dynamic strategies of these tech leaders in optimizing operational costs.