Cost Management Insights: SG&A Expenses for Fiserv, Inc. and Pure Storage, Inc.

Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, understanding cost management is crucial. Fiserv, Inc. and Pure Storage, Inc. offer a compelling narrative of strategic expense management over the past decade.

Fiserv, Inc.: A Steady Climb

Since 2014, Fiserv has seen a remarkable increase in its Selling, General, and Administrative (SG&A) expenses, growing by over 570% by 2023. This growth reflects Fiserv's aggressive expansion and investment in operational capabilities. Notably, the leap from 2018 to 2019 marked a significant shift, with expenses nearly tripling, indicating strategic acquisitions and scaling efforts.

Pure Storage, Inc.: A Consistent Growth Path

Pure Storage, on the other hand, has demonstrated a steady rise in SG&A expenses, increasing by approximately 1,870% from 2014 to 2023. This consistent growth underscores Pure Storage's commitment to innovation and market penetration. The absence of data for 2024 suggests a potential shift or reevaluation in their financial strategy.

Both companies exemplify distinct approaches to managing operational costs, offering valuable insights into corporate financial strategies.