Selling, General, and Administrative Costs: Cisco Systems, Inc. vs Microchip Technology Incorporated

A Comparative Analysis of SG&A Expenses: Cisco vs. Microchip

In the ever-evolving tech industry, understanding the financial strategies of leading companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Cisco Systems, Inc. and Microchip Technology Incorporated from 2014 to 2024. Over this decade, Cisco's SG&A expenses have consistently been higher, averaging around 20 times more than Microchip's. Notably, Cisco's expenses peaked in 2024, showing a 15% increase from 2023, while Microchip's expenses saw a 9% rise in the same period. This trend highlights Cisco's expansive operational scale compared to Microchip's more streamlined approach. The data suggests that while both companies are investing in their growth, Cisco's larger financial footprint reflects its broader market reach and strategic investments. As the tech landscape continues to shift, these financial insights offer a glimpse into the operational priorities of these industry giants.