Selling, General, and Administrative Costs: Lam Research Corporation vs VMware, Inc.

A Comparative Analysis of SG&A Expenses: Lam Research vs. VMware

In the ever-evolving tech industry, understanding financial trends is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two tech giants: Lam Research Corporation and VMware, Inc., from 2014 to 2023. Over this decade, VMware consistently outpaced Lam Research in SG&A spending, with VMware's expenses peaking at approximately 5.5 billion in 2023, marking a 147% increase from 2014. In contrast, Lam Research's SG&A expenses grew by about 36% over the same period, reaching nearly 886 million in 2022. This disparity highlights VMware's aggressive investment in administrative and sales functions, possibly reflecting its expansive market strategies. Notably, data for 2024 is incomplete, indicating a need for cautious interpretation. Such insights are invaluable for investors and analysts seeking to understand corporate strategies and financial health in the tech sector.