Cost Management Insights: SG&A Expenses for QUALCOMM Incorporated and Corning Incorporated

Navigating SG&A Expenses: A Tale of Two Giants

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. This analysis delves into the SG&A expenses of two industry titans: QUALCOMM Incorporated and Corning Incorporated, from 2014 to 2024.

QUALCOMM's Financial Journey

QUALCOMM's SG&A expenses have shown a dynamic trend over the years. Starting at approximately $2.29 billion in 2014, they peaked at nearly $2.99 billion in 2018, reflecting a 30% increase. However, by 2020, expenses dipped to around $2.07 billion, indicating strategic cost management.

Corning's Steady Climb

Corning Incorporated, on the other hand, exhibited a more consistent rise in SG&A expenses. From $1.21 billion in 2014, expenses grew steadily, reaching $1.93 billion by 2024, marking a 60% increase over the decade.

This comparative analysis highlights the distinct financial strategies employed by these corporations, offering valuable insights into their cost management practices.