Comparing SG&A Expenses: Fiserv, Inc. vs Cadence Design Systems, Inc. Trends and Insights

A Decade of SG&A Trends: Fiserv vs. Cadence Design Systems

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Over the past decade, from 2014 to 2023, Fiserv, Inc. and Cadence Design Systems, Inc. have shown distinct trajectories in their SG&A expenditures.

Fiserv, a leader in financial services technology, has seen its SG&A expenses grow by approximately 575%, from just under $1 billion in 2014 to over $6.5 billion in 2023. This significant increase reflects its aggressive expansion and strategic acquisitions.

Conversely, Cadence Design Systems, a key player in electronic design automation, has experienced a more moderate rise of about 80% in SG&A expenses, from $513 million to $921 million over the same period. This steady growth aligns with its focus on innovation and market leadership.

These trends highlight the contrasting strategies of these two industry giants, offering valuable insights into their operational priorities and market positioning.