Operational Costs Compared: SG&A Analysis of Adobe Inc. and ON Semiconductor Corporation

A Decade of SG&A: Adobe vs. ON Semiconductor

In the ever-evolving tech landscape, operational efficiency is paramount. Over the past decade, Adobe Inc. and ON Semiconductor Corporation have showcased contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. Adobe's SG&A expenses have surged by over 230% from 2014 to 2023, reflecting its aggressive growth and expansion strategies. In contrast, ON Semiconductor's expenses have grown by approximately 68% over the same period, indicating a more conservative approach.

Key Insights

Adobe's SG&A expenses consistently outpace those of ON Semiconductor, highlighting its larger scale and broader market reach. The data reveals a steady upward trend for both companies, with Adobe's expenses peaking at $7.3 billion in 2023. However, data for 2024 remains incomplete, leaving room for speculation on future trends. This analysis underscores the importance of strategic financial management in maintaining competitive advantage in the tech industry.