Cost Insights: Breaking Down Fiserv, Inc. and Garmin Ltd.'s Expenses

Analyzing Cost Trends: Fiserv, Inc. vs. Garmin Ltd.

In the ever-evolving landscape of financial services and technology, understanding cost structures is crucial. Fiserv, Inc. and Garmin Ltd., two giants in their respective fields, have shown distinct trends in their cost of revenue over the past decade. From 2014 to 2023, Fiserv's cost of revenue surged by approximately 166%, peaking in 2021. This reflects their aggressive expansion and investment in technology solutions. In contrast, Garmin Ltd. experienced a more modest increase of about 76% during the same period, highlighting their steady growth in the consumer electronics market. Notably, Fiserv's costs saw a significant jump in 2019, coinciding with strategic acquisitions, while Garmin's costs steadily climbed, reflecting their innovation in GPS technology. These insights provide a window into how each company navigates its financial landscape, balancing growth with operational efficiency.