Who Optimizes SG&A Costs Better? Taiwan Semiconductor Manufacturing Company Limited or Fortinet, Inc.

TSMC vs. Fortinet: Who Manages SG&A Costs Better?

__timestampFortinet, Inc.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 201435715100024020800000
Thursday, January 1, 201554188500022921900000
Friday, January 1, 201670758100025696400000
Sunday, January 1, 201778888800027169200000
Monday, January 1, 201887530000026253700000
Tuesday, January 1, 2019102900000028085800000
Wednesday, January 1, 2020119140000035570400000
Friday, January 1, 2021148920000044488200000
Saturday, January 1, 2022185510000063445300000
Sunday, January 1, 2023221730000071464000000
Monday, January 1, 2024228260000096889000000
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Unlocking the unknown

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive world of technology and manufacturing, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Fortinet, Inc. are two industry leaders with distinct approaches to SG&A optimization. From 2014 to 2023, TSMC's SG&A expenses surged by approximately 198%, reflecting its expansive growth strategy. In contrast, Fortinet's expenses increased by around 520%, indicating a more aggressive scaling in its operations.

A Decade of Financial Strategy

TSMC, a titan in semiconductor manufacturing, has consistently maintained higher SG&A expenses, peaking at over $71 billion in 2023. Meanwhile, Fortinet, a cybersecurity leader, saw its expenses rise to over $2 billion in the same year. The data suggests that while TSMC's expenses are significantly higher, Fortinet's rapid percentage increase highlights its dynamic growth in the cybersecurity sector. Missing data for 2024 suggests ongoing strategic adjustments.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025