A Comparative Analysis of SG&A Expenses: QUALCOMM vs Broadridge

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, QUALCOMM Incorporated and Broadridge Financial Solutions, Inc. have demonstrated distinct trajectories in their SG&A expenditures. From 2014 to 2024, Broadridge's SG&A expenses surged by approximately 144%, reflecting its strategic investments in operational growth. In contrast, QUALCOMM's expenses exhibited a more modest increase of around 20%, indicative of its focus on maintaining operational efficiency.

Key Insights

• Broadridge's Growth: Broadridge's SG&A expenses grew from $376 million in 2014 to $916 million in 2024, highlighting its aggressive expansion strategy.
• QUALCOMM's Stability: QUALCOMM's expenses, while higher in absolute terms, increased from $2.29 billion to $2.76 billion, showcasing its commitment to cost management.

This analysis underscores the diverse financial strategies employed by these industry giants.