Breaking Down SG&A Expenses: Broadcom Inc. vs NetApp, Inc.

A Tale of Two Giants: Broadcom Inc. vs. NetApp, Inc.

In the ever-evolving tech landscape, understanding the financial dynamics of industry leaders is crucial. Broadcom Inc. and NetApp, Inc., two titans in the semiconductor and data management sectors, respectively, offer a fascinating study in contrasts when it comes to Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, Broadcom's SG&A expenses surged by over 1,100%, peaking at nearly $5 billion in 2024. This reflects Broadcom's aggressive expansion and strategic acquisitions. In contrast, NetApp's SG&A expenses remained relatively stable, fluctuating modestly around the $2 billion mark, indicating a more conservative growth strategy. This divergence highlights Broadcom's bold approach to scaling operations, while NetApp focuses on steady, sustainable growth. As the tech industry continues to transform, these financial strategies will play a pivotal role in shaping the future of these companies.