Fiserv, Inc. and Workday, Inc.: SG&A Spending Patterns Compared

SG&A Spending Patterns: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, understanding the spending patterns of industry giants can offer valuable insights. Fiserv, Inc. and Workday, Inc. present a fascinating case study in contrasting SG&A (Selling, General, and Administrative) expenses over the past decade.

From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, peaking in 2023. This dramatic increase reflects strategic investments and expansion efforts. In contrast, Workday's SG&A expenses grew steadily, with a notable 930% increase from 2014 to 2024, indicating a consistent focus on scaling operations.

While Fiserv's spending saw a sharp rise post-2018, Workday maintained a more gradual trajectory. This divergence highlights differing corporate strategies: Fiserv's aggressive growth versus Workday's steady expansion. Missing data for Fiserv in 2024 suggests a potential shift or reevaluation in their financial strategy.

These patterns underscore the dynamic nature of corporate financial management and the importance of strategic planning in navigating market challenges.