SG&A Efficiency Analysis: Comparing Texas Instruments Incorporated and Shopify Inc.

SG&A Efficiency: Texas Instruments vs. Shopify

__timestampShopify Inc.Texas Instruments Incorporated
Wednesday, January 1, 2014574950001843000000
Thursday, January 1, 2015891050001748000000
Friday, January 1, 20161723240001767000000
Sunday, January 1, 20172934130001694000000
Monday, January 1, 20184575130001684000000
Tuesday, January 1, 20196517750001645000000
Wednesday, January 1, 20208473910001623000000
Friday, January 1, 202112764010001666000000
Saturday, January 1, 202219382550001704000000
Sunday, January 1, 202317110000001825000000
Monday, January 1, 202417960000001794000000
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Infusing magic into the data realm

SG&A Efficiency: A Tale of Two Companies

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 Texas Instruments Incorporated and Shopify Inc. over the past decade.

Texas Instruments: A Steady Hand

From 2014 to 2023, Texas Instruments maintained a consistent SG&A expense, averaging around $1.73 billion annually. This stability reflects a disciplined approach to managing operational costs, with only a slight 1% decrease in 2023 compared to 2014.

Shopify: A Growth Story

In contrast, Shopify's SG&A expenses skyrocketed by over 2,800% from 2014 to 2022, peaking at nearly $1.94 billion. This surge underscores Shopify's aggressive expansion strategy, although a slight dip in 2023 suggests a potential shift towards cost optimization.

Conclusion

While Texas Instruments exemplifies steady efficiency, Shopify's dynamic growth highlights the diverse strategies within the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025