Breaking Down SG&A Expenses: International Business Machines Corporation vs HP Inc.

IBM vs. HP: A Decade of SG&A Expense Trends

__timestampHP Inc.International Business Machines Corporation
Wednesday, January 1, 20141335300000022472000000
Thursday, January 1, 2015472000000019894000000
Friday, January 1, 2016384000000020279000000
Sunday, January 1, 2017437600000019680000000
Monday, January 1, 2018486600000019366000000
Tuesday, January 1, 2019536800000018724000000
Wednesday, January 1, 2020490600000020561000000
Friday, January 1, 2021574100000018745000000
Saturday, January 1, 2022526400000017483000000
Sunday, January 1, 2023535600000017997000000
Monday, January 1, 2024565800000029536000000
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Cracking the code

A Comparative Analysis of SG&A Expenses: IBM vs. HP

In the ever-evolving tech industry, understanding the financial strategies of giants like International Business Machines Corporation (IBM) and HP Inc. is crucial. Over the past decade, IBM has consistently outpaced HP in Selling, General, and Administrative (SG&A) expenses, reflecting its expansive global operations and strategic investments. In 2014, IBM's SG&A expenses were nearly double those of HP, highlighting its aggressive market positioning. However, HP has shown resilience, reducing its SG&A expenses by approximately 60% from 2014 to 2016, a testament to its cost-cutting measures and streamlined operations. By 2023, IBM's expenses saw a slight decline, while HP maintained a steady trajectory, indicating a balanced approach to growth and efficiency. This financial dance between two tech titans offers a window into their strategic priorities and market adaptations.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025