Lam Research Corporation or Block, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Lam Research vs. Block, Inc.

__timestampBlock, Inc.Lam Research Corporation
Wednesday, January 1, 2014206797000613341000
Thursday, January 1, 2015289084000591611000
Friday, January 1, 2016425869000630954000
Sunday, January 1, 2017503723000667485000
Monday, January 1, 2018750396000762219000
Tuesday, January 1, 20191061082000702407000
Wednesday, January 1, 20201688873000682479000
Friday, January 1, 20212600515000829875000
Saturday, January 1, 20223744800000885737000
Sunday, January 1, 20234228199000832753000
Monday, January 1, 2024868247000
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Unveiling the hidden dimensions of data

Who Manages SG&A Costs Better: Lam Research Corporation or Block, Inc.?

In the competitive landscape of technology and finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Block, Inc. saw a staggering increase in SG&A expenses, rising over 1,900%, from approximately $207 million to $4.2 billion. In contrast, Lam Research Corporation maintained a more stable trajectory, with expenses growing by about 36% over the same period, from $613 million to $832 million.

A Decade of Financial Strategy

Block, Inc.'s rapid expansion reflects its aggressive growth strategy, but it also highlights the challenge of controlling operational costs. Meanwhile, Lam Research's steady approach suggests a focus on efficiency and cost management. As we look to 2024, with some data yet to be reported, the question remains: will Block, Inc. rein in its expenses, or will Lam Research continue its disciplined path?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025