Cost Management Insights: SG&A Expenses for Fiserv, Inc. and Tyler Technologies, 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 sustained growth. Fiserv, Inc. and Tyler Technologies, Inc. offer a compelling narrative of cost management over the past decade.

From 2014 to 2023, Fiserv, Inc. witnessed a staggering 575% increase in SG&A expenses, reflecting its aggressive expansion and strategic investments. In contrast, Tyler Technologies, Inc. experienced a more modest 323% rise, indicating a steady yet cautious growth trajectory.

By 2023, Fiserv's SG&A expenses reached approximately 6.6 billion, dwarfing Tyler's 458 million. This disparity highlights differing business models and market strategies. While Fiserv's rapid growth suggests a focus on scaling operations, Tyler's approach underscores a commitment to sustainable, incremental growth.

Understanding these trends offers valuable insights into the financial strategies of leading tech companies, providing a roadmap for businesses aiming to optimize their SG&A expenditures.