Comparing SG&A Expenses: International Business Machines Corporation vs Fiserv, Inc. Trends and Insights

SG&A Expenses: IBM vs. Fiserv - A Decade of Change

__timestampFiserv, Inc.International Business Machines Corporation
Wednesday, January 1, 201497500000022472000000
Thursday, January 1, 2015103400000019894000000
Friday, January 1, 2016110100000020279000000
Sunday, January 1, 2017115000000019680000000
Monday, January 1, 2018122800000019366000000
Tuesday, January 1, 2019328400000018724000000
Wednesday, January 1, 2020565200000020561000000
Friday, January 1, 2021581000000018745000000
Saturday, January 1, 2022605900000017483000000
Sunday, January 1, 2023657600000017997000000
Monday, January 1, 2024656400000029536000000
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Data in motion

SG&A Expenses: A Tale of Two Giants

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial. This analysis compares the SG&A expenses of two industry titans: International Business Machines Corporation (IBM) and Fiserv, Inc., from 2014 to 2023.

IBM's Consistent Leadership

IBM has consistently maintained a higher SG&A expense, averaging around $20 billion annually. Despite a slight dip in 2023, IBM's expenses have shown resilience, peaking in 2024. This reflects IBM's ongoing investment in innovation and market expansion.

Fiserv's Rapid Growth

Conversely, Fiserv has experienced a remarkable growth trajectory, with SG&A expenses increasing by over 570% from 2014 to 2023. This surge underscores Fiserv's aggressive expansion strategy and adaptation to the digital age.

Missing Data

Note: Data for 2024 is incomplete for Fiserv, indicating potential future insights.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025