Cost Management Insights: SG&A Expenses for Fiserv, Inc. and Splunk 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. Fiserv, Inc. and Splunk Inc. offer a compelling narrative of cost management over the past decade. From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, peaking at approximately $6.6 billion in 2023. This dramatic increase reflects strategic investments and expansion efforts. In contrast, Splunk Inc. exhibited a steadier growth trajectory, with SG&A expenses rising by around 670% to reach $2.1 billion in 2023. This growth underscores Splunk's commitment to scaling its operations while maintaining cost efficiency. Notably, the data for 2024 is incomplete, highlighting the dynamic nature of financial reporting. As these companies continue to navigate the complexities of cost management, their strategies offer valuable insights for businesses aiming to optimize their SG&A expenditures.