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

Cost of Revenue Trends: A Tale of Two Companies

In the ever-evolving landscape of technology and financial services, Fiserv, Inc. and Ubiquiti Inc. present a fascinating study in contrasts. Over the past decade, Fiserv has seen its cost of revenue soar by approximately 166%, peaking in 2021. This growth reflects its aggressive expansion and integration strategies. Meanwhile, Ubiquiti Inc. has experienced a more modest increase of around 272% in its cost of revenue, indicating a steady yet impactful growth trajectory.

A Closer Look at the Numbers

From 2014 to 2023, Fiserv's cost of revenue grew from $2.9 billion to $7.67 billion, while Ubiquiti's rose from $319 million to $1.18 billion. Notably, Fiserv's costs surged significantly in 2019 and 2020, aligning with major acquisitions. In contrast, Ubiquiti's growth has been more consistent, with a notable uptick in 2023. Missing data for Fiserv in 2024 suggests a potential shift or restructuring.