Cost Management Insights: SG&A Expenses for Fiserv, Inc. and Cadence Design Systems, Inc.

Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. This analysis delves into the SG&A expenses of Fiserv, Inc. and Cadence Design Systems, Inc. over the past decade, from 2014 to 2023.

Cadence Design Systems, Inc. has shown a steady increase in SG&A expenses, growing by approximately 80% over the period. Starting at around $513 million in 2014, it reached nearly $921 million by 2023. This growth reflects Cadence's strategic investments in innovation and market expansion.

Conversely, Fiserv, Inc. experienced a more dramatic rise, with SG&A expenses surging by over 570%, from $975 million in 2014 to $6.576 billion in 2023. This significant increase highlights Fiserv's aggressive growth strategy, likely driven by acquisitions and scaling operations.

Understanding these trends offers valuable insights into each company's financial strategies and market positioning.