SG&A Efficiency Analysis: Comparing QUALCOMM Incorporated and Cognizant Technology Solutions Corporation

SG&A Efficiency: A Comparative Analysis

In the ever-evolving landscape of technology, understanding operational efficiency is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: QUALCOMM Incorporated and Cognizant Technology Solutions Corporation, from 2014 to 2023.

A Decade of Insights

Cognizant consistently outpaced QUALCOMM in SG&A spending, peaking in 2021 with a 20% higher expenditure than QUALCOMM. This trend highlights Cognizant's aggressive investment in administrative and sales functions, potentially reflecting its strategic focus on growth and market expansion. In contrast, QUALCOMM's SG&A expenses remained relatively stable, with a notable dip in 2020, possibly due to cost-cutting measures during the pandemic.

Missing Data and Future Projections

While 2024 data for Cognizant is unavailable, QUALCOMM shows a projected increase, suggesting a potential shift in strategy. This analysis underscores the importance of SG&A efficiency in maintaining competitive advantage in the tech sector.