Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of technology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, QUALCOMM Incorporated and Trimble Inc. have demonstrated contrasting strategies in optimizing these costs.

QUALCOMM's Steady Approach

QUALCOMM has consistently managed its SG&A expenses, with a notable increase of approximately 20% from 2014 to 2023. Despite fluctuations, their expenses remained relatively stable, peaking in 2018 and 2024. This stability reflects QUALCOMM's strategic focus on maintaining operational efficiency.

Trimble's Dynamic Strategy

Trimble Inc., on the other hand, has shown a more dynamic approach. From 2014 to 2023, their SG&A expenses increased by nearly 70%, indicating a significant investment in administrative capabilities. However, the data for 2024 is missing, leaving room for speculation on their future strategy.

In conclusion, while QUALCOMM opts for stability, Trimble embraces growth, each reflecting their unique business strategies.