Comparing Cost of Revenue Efficiency: Fiserv, Inc. vs Teradyne, Inc.

A Tale of Two Companies: Cost of Revenue Efficiency

In the ever-evolving landscape of technology and financial services, understanding cost efficiency is crucial. Fiserv, Inc. and Teradyne, Inc. offer a fascinating study in contrasts over the past decade. From 2014 to 2023, Fiserv's cost of revenue surged by approximately 166%, peaking in 2021. This reflects its aggressive expansion and investment in technology solutions. Meanwhile, Teradyne's cost of revenue increased by about 48% during the same period, indicating a more measured growth strategy.

Key Insights

• Fiserv's Growth: By 2021, Fiserv's cost of revenue was nearly 10 times that of Teradyne, highlighting its expansive operational scale.
• Teradyne's Stability: Despite fluctuations, Teradyne maintained a consistent cost structure, with its highest cost in 2021 being just 18% of Fiserv's.

These trends underscore the strategic differences between a financial services giant and a technology innovator.