SG&A Spending Patterns: A Tale of Two Tech Giants

In the ever-evolving landscape of technology, understanding the financial strategies of industry leaders is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two tech titans: QUALCOMM Incorporated and HP Inc., from 2014 to 2024.

A Decade of Financial Strategy

Over the past decade, HP Inc. has demonstrated a fluctuating yet substantial investment in SG&A, peaking in 2014 with a staggering 133% more than its lowest point in 2016. Meanwhile, QUALCOMM's SG&A expenses have remained relatively stable, with a modest increase of about 21% from 2014 to 2024.

Strategic Insights

HP's significant dip in 2015 and subsequent recovery suggests strategic realignments, possibly in response to market dynamics. In contrast, QUALCOMM's steady approach indicates a consistent strategy, focusing on maintaining operational efficiency. These patterns offer a window into the distinct financial philosophies driving these tech giants.