Selling, General, and Administrative Costs: QUALCOMM Incorporated vs Keysight Technologies, Inc.

A Comparative Analysis of SG&A Expenses: Qualcomm vs. Keysight

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 industry giants: Qualcomm Incorporated and Keysight Technologies, Inc., from 2014 to 2024. Over this decade, Qualcomm consistently outspent Keysight, with its SG&A expenses averaging around 2.46 billion annually, nearly double Keysight's 1.1 billion. Notably, Qualcomm's expenses peaked in 2018, reaching approximately 2.99 billion, while Keysight's highest was in 2024 at 1.39 billion. This trend highlights Qualcomm's aggressive investment in administrative and sales functions, potentially reflecting its expansive market strategies. Meanwhile, Keysight's steady growth in SG&A expenses suggests a more measured approach. As we move forward, these financial strategies will likely play a pivotal role in shaping their competitive positions in the tech landscape.