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

Cost Insights: A Comparative Analysis of Intuit Inc. and Fiserv, Inc.

In the ever-evolving landscape of financial technology, understanding the cost dynamics of industry leaders like Intuit Inc. and Fiserv, Inc. is crucial. Over the past decade, Fiserv's cost of revenue has surged by approximately 166%, peaking in 2021. This reflects its aggressive expansion and integration strategies. Meanwhile, Intuit Inc. has seen a more modest increase of around 418% from 2014 to 2023, highlighting its steady growth and innovation in financial software solutions.

Key Observations

• Fiserv, Inc.: From 2014 to 2023, Fiserv's cost of revenue grew from $2.9 billion to $7.7 billion, with a notable spike in 2019.
• Intuit Inc.: Intuit's costs rose from $668 million in 2014 to $3.1 billion in 2023, with consistent year-on-year growth.

These insights underscore the strategic financial maneuvers of these giants, shaping the fintech industry's future.