Breaking Down SG&A Expenses: QUALCOMM Incorporated vs Manhattan Associates, Inc.

A Comparative Analysis of SG&A Expenses: QUALCOMM vs. Manhattan Associates

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, from 2014 to 2024, QUALCOMM Incorporated and Manhattan Associates, Inc. have demonstrated distinct financial strategies. QUALCOMM, a leader in the semiconductor industry, consistently reported SG&A expenses that were approximately 20 times higher than those of Manhattan Associates, a supply chain solutions provider. This disparity highlights QUALCOMM's expansive operational scale and global reach.

Interestingly, both companies have shown a steady increase in their SG&A expenses over the years. Manhattan Associates saw a 77% rise from 2014 to 2024, reflecting its strategic investments in growth and innovation. Meanwhile, QUALCOMM's expenses fluctuated, peaking in 2018, before stabilizing. This analysis underscores the diverse financial strategies employed by these industry giants, offering valuable insights into their operational priorities.