Breaking Down SG&A Expenses: Fiserv, Inc. vs GoDaddy Inc.

A Comparative Analysis of SG&A Expenses: Fiserv, Inc. vs GoDaddy Inc.

In the ever-evolving landscape of financial services and technology, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Fiserv, Inc. and GoDaddy Inc. have demonstrated contrasting trajectories in their SG&A expenditures. From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, peaking at approximately $6.6 billion in 2023. This reflects their aggressive expansion and integration strategies. In contrast, GoDaddy's SG&A expenses grew by about 206% during the same period, reaching just over $1 billion in 2023. This steady increase aligns with their focus on scaling operations and enhancing customer experience. The data highlights Fiserv's significant investment in growth, while GoDaddy maintains a more measured approach. As these companies continue to evolve, their SG&A strategies will be pivotal in shaping their competitive edge.