Breaking Down SG&A Expenses: QUALCOMM Incorporated vs Texas Instruments Incorporated

A Comparative Analysis of SG&A Expenses: Qualcomm vs. Texas Instruments

In the ever-evolving landscape of the semiconductor industry, understanding the financial strategies of leading companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Qualcomm and Texas Instruments from 2014 to 2024. Over this decade, Qualcomm consistently outspent Texas Instruments, with an average SG&A expense of approximately $2.46 billion annually, compared to Texas Instruments' $1.73 billion. Notably, Qualcomm's SG&A expenses peaked in 2018, reaching nearly 30% higher than its 2014 figures, while Texas Instruments maintained a more stable expenditure pattern, with a slight dip in 2020. This trend highlights Qualcomm's aggressive investment in administrative and sales strategies, potentially reflecting its broader market ambitions. As the industry continues to grow, these financial insights offer a glimpse into the strategic priorities of these tech giants.