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

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

In the ever-evolving landscape of global business, understanding the financial strategies of industry leaders is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two giants: Fiserv, Inc. and Wipro Limited, from 2014 to 2023.

Over the past decade, Wipro Limited has consistently outpaced Fiserv, Inc. in SG&A expenses, with a staggering 1,275% increase by 2023. In contrast, Fiserv, Inc. saw a more modest growth, with expenses peaking at 6.6 billion in 2023, marking a 575% rise from 2014.

This disparity highlights differing strategic priorities, with Wipro's aggressive expansion and operational investments contrasting Fiserv's more conservative approach. Notably, the data for 2024 is incomplete, suggesting potential shifts in these trends. As businesses navigate the complexities of the modern market, these insights offer a window into the financial maneuvers of leading corporations.