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

Navigating SG&A Expenses: Intuit Inc. vs. Fiserv, Inc.

In the ever-evolving landscape of financial technology, understanding cost management is crucial. Over the past decade, Intuit Inc. and Fiserv, Inc. have demonstrated distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, peaking in 2023. In contrast, Intuit's expenses grew by approximately 187% during the same period, reflecting a more measured approach. Notably, 2019 marked a pivotal year for Fiserv, with expenses more than doubling, likely due to strategic investments. Meanwhile, Intuit's steady increase suggests a focus on sustainable growth. The data for 2024 is incomplete, highlighting the dynamic nature of financial forecasting. As these industry giants continue to innovate, their cost management strategies will be pivotal in shaping their competitive edge.