SG&A Efficiency Analysis: Comparing QUALCOMM Incorporated and II-VI Incorporated

SG&A Efficiency: A Tale of Two Companies

In the ever-evolving landscape of technology, understanding a company's operational efficiency is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: QUALCOMM Incorporated and II-VI Incorporated, from 2014 to 2023.

QUALCOMM's Consistency

QUALCOMM has demonstrated remarkable consistency in its SG&A expenses, averaging around $2.46 billion annually. Despite fluctuations, the company maintained a stable range, peaking at $2.99 billion in 2018. This stability reflects QUALCOMM's robust operational strategies and market adaptability.

II-VI's Growth Trajectory

Conversely, II-VI Incorporated has shown a significant upward trend, with SG&A expenses growing by over 650% from 2014 to 2023. This surge, culminating in $1.04 billion in 2023, highlights II-VI's aggressive expansion and investment in operational capabilities.

Conclusion

While QUALCOMM's steady approach underscores its market resilience, II-VI's rapid growth trajectory signals its ambitious market positioning. This comparative analysis offers valuable insights into the strategic priorities of these tech leaders.