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

SG&A Expenses: A Tale of Two Tech 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 VMware, Inc. from 2014 to 2023. Over this decade, Fiserv's SG&A expenses surged by approximately 575%, reflecting a strategic expansion and investment in operational capabilities. In contrast, VMware's expenses grew by about 147%, indicating a more measured approach to scaling operations.

Key Insights

• 2014-2018: VMware consistently outspent Fiserv, with expenses peaking at 45% higher in 2018.
• 2019-2023: Fiserv's aggressive growth strategy saw its expenses surpass VMware's, culminating in a 19% lead by 2023.

This financial narrative highlights the contrasting growth strategies of these tech titans, offering valuable insights into their operational priorities and market positioning.