A Decade of EBITDA Growth: Fiserv, Inc. vs VMware, Inc.

A Financial Journey from 2014 to 2023

In the ever-evolving landscape of technology and financial services, Fiserv, Inc. and VMware, Inc. have demonstrated remarkable EBITDA growth over the past decade. From 2014 to 2023, Fiserv's EBITDA surged by an impressive 384%, starting at approximately $1.6 billion and reaching nearly $7.8 billion. This growth reflects Fiserv's strategic expansions and innovations in financial technology.

Conversely, VMware, Inc. experienced a more modest yet significant growth of 114% in the same period, with EBITDA increasing from around $1.5 billion to $3.3 billion. This growth underscores VMware's resilience and adaptability in the competitive software industry.

The data highlights a pivotal shift in 2020, where Fiserv's EBITDA outpaced VMware's, marking a turning point in their financial trajectories. This comparison offers valuable insights into the strategic maneuvers and market dynamics shaping these industry giants.