Comparing SG&A Expenses: Fiserv, Inc. vs Dell Technologies Inc. Trends and Insights

SG&A Expenses: A Tale of Two Giants

In the ever-evolving landscape of technology, understanding the financial strategies of industry leaders is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Fiserv, Inc. and Dell Technologies Inc. from 2014 to 2023. Over this decade, Dell Technologies consistently outpaced Fiserv in SG&A spending, peaking in 2019 with expenses nearly three times higher than Fiserv's. However, Fiserv demonstrated a remarkable growth trajectory, with its SG&A expenses increasing by over 570% from 2014 to 2023. This trend highlights Fiserv's aggressive expansion and investment in administrative capabilities. Meanwhile, Dell's expenses showed a more fluctuating pattern, reflecting its strategic adjustments in a competitive market. Notably, data for 2024 is incomplete, indicating a need for cautious interpretation of future trends. This financial narrative underscores the dynamic strategies of these tech titans in managing operational costs.