Cost of Revenue Trends: Fiserv, Inc. vs Fortinet, Inc.

Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of technology, Fiserv, Inc. and Fortinet, Inc. have carved distinct paths in their cost of revenue trends over the past decade. From 2014 to 2023, Fiserv's cost of revenue surged by approximately 166%, reflecting its aggressive expansion and strategic investments. In contrast, Fortinet's cost of revenue grew by a staggering 436%, underscoring its rapid scaling in the cybersecurity sector.

A Decade of Growth

Fiserv's cost of revenue saw a steady climb, peaking in 2021, before a slight dip in 2023. This trend highlights its consistent market presence and adaptation to financial technology demands. Meanwhile, Fortinet's trajectory was marked by exponential growth, particularly from 2020 onwards, as cybersecurity became paramount in the digital age.

These trends not only showcase the companies' financial strategies but also mirror broader industry shifts, offering valuable insights for investors and analysts alike.