SG&A Spending Patterns: Texas Instruments vs. Block, Inc.

In the ever-evolving landscape of corporate finance, understanding the spending patterns of industry giants can offer valuable insights. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Texas Instruments Incorporated and Block, Inc. from 2014 to 2023. Over this period, Block, Inc. has shown a remarkable increase in SG&A expenses, growing by over 1,900%, from approximately $207 million in 2014 to $4.2 billion in 2023. In contrast, Texas Instruments has maintained a more stable trajectory, with expenses fluctuating modestly around the $1.7 billion mark. This stark contrast highlights Block, Inc.'s aggressive expansion strategy, while Texas Instruments opts for a more conservative approach. Notably, the data for 2024 is incomplete, reflecting the dynamic nature of financial reporting. These insights underscore the diverse strategies companies employ to navigate the competitive business environment.