Selling, General, and Administrative Costs: Cisco Systems, Inc. vs NetEase, Inc.

A Comparative Analysis of SG&A Expenses: Cisco Systems, Inc. vs. NetEase, Inc.

In the ever-evolving landscape of global business, understanding the financial strategies of industry giants like Cisco Systems, Inc. and NetEase, Inc. is crucial. Over the past decade, from 2014 to 2023, these two companies have demonstrated distinct approaches to managing their Selling, General, and Administrative (SG&A) expenses.

Cisco Systems, Inc. has maintained a relatively stable SG&A expense pattern, with a slight increase of approximately 15% from 2014 to 2023. In contrast, NetEase, Inc. has shown a dramatic rise, with expenses growing nearly eightfold during the same period. This stark difference highlights the contrasting business models and market strategies of a tech hardware leader versus a digital entertainment powerhouse.

Interestingly, the data for 2024 is incomplete for NetEase, Inc., suggesting potential shifts or strategic changes. As these companies continue to adapt, their financial decisions will undoubtedly shape their future trajectories.