Operational Costs Compared: SG&A Analysis of QUALCOMM Incorporated and CyberArk Software Ltd.

A Comparative Analysis of SG&A Expenses: QUALCOMM vs. CyberArk

In the ever-evolving tech industry, operational efficiency is key to maintaining a competitive edge. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two tech giants: QUALCOMM Incorporated and CyberArk Software Ltd., from 2014 to 2023.

QUALCOMM, a leader in wireless technology, consistently reported SG&A expenses averaging around $2.46 billion annually. Notably, their expenses peaked in 2018, reaching nearly $3 billion, before stabilizing in subsequent years. In contrast, CyberArk, a cybersecurity firm, exhibited a steady upward trend in SG&A expenses, growing from approximately $53 million in 2014 to over $500 million by 2023, marking a staggering 840% increase.

This divergence highlights the distinct growth trajectories and strategic investments of these companies. While QUALCOMM maintains a robust operational scale, CyberArk's rising expenses reflect its aggressive expansion in the cybersecurity domain.