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

A Comparative Analysis of SG&A Expenses: QUALCOMM vs. Teradyne

In the ever-evolving landscape of technology, understanding the financial health of industry giants is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of QUALCOMM Incorporated and Teradyne, Inc. from 2014 to 2023. Over this decade, QUALCOMM's SG&A expenses have shown a steady increase, peaking in 2018 with a 30% rise from 2014. Meanwhile, Teradyne's expenses have grown more modestly, with a notable 79% increase by 2023. This trend highlights QUALCOMM's aggressive investment in administrative and sales functions, possibly reflecting its expansive market strategies. In contrast, Teradyne's more conservative growth in expenses suggests a focus on efficiency. The data for 2024 is incomplete, indicating a need for further analysis. This financial insight provides a window into the strategic priorities of these tech titans, offering valuable lessons for investors and industry analysts alike.