Cost of Revenue: A Tale of Two Companies

In the ever-evolving landscape of technology, understanding the cost of revenue is crucial for assessing a company's financial health. Fiserv, Inc. and Microchip Technology Incorporated, two giants in their respective fields, offer a fascinating comparison over the past decade.

Fiserv, Inc.

From 2014 to 2023, Fiserv's cost of revenue surged by approximately 166%, peaking in 2021. This growth reflects Fiserv's strategic investments and expansion efforts, particularly in digital payment solutions. However, a slight decline in 2023 suggests a potential recalibration of their cost structure.

Microchip Technology Incorporated

Microchip Technology, on the other hand, experienced a steady increase of around 242% in its cost of revenue from 2014 to 2023. This growth underscores the company's robust demand for semiconductor products, driven by the global tech boom.

While Fiserv's data for 2024 is missing, Microchip's continued upward trend hints at sustained growth. This comparison highlights the dynamic nature of cost management in the tech industry.