Fiserv, Inc. or Cognizant Technology Solutions Corporation: Who Manages SG&A Costs Better?

SG&A Cost Management: Fiserv vs. Cognizant

__timestampCognizant Technology Solutions CorporationFiserv, Inc.
Wednesday, January 1, 20142037021000975000000
Thursday, January 1, 201525086000001034000000
Friday, January 1, 201627310000001101000000
Sunday, January 1, 201727690000001150000000
Monday, January 1, 201830260000001228000000
Tuesday, January 1, 201929720000003284000000
Wednesday, January 1, 202031000000005652000000
Friday, January 1, 202135030000005810000000
Saturday, January 1, 202234430000006059000000
Sunday, January 1, 202332520000006576000000
Monday, January 1, 202432230000006564000000
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Igniting the spark of knowledge

Who Manages SG&A Costs Better: Fiserv or Cognizant?

In the competitive landscape of technology services, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Fiserv, Inc. and Cognizant Technology Solutions Corporation have demonstrated contrasting approaches to SG&A cost management. From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, peaking at approximately $6.6 billion in 2023. In contrast, Cognizant's expenses grew by a modest 60%, reaching around $3.3 billion in the same year.

This stark difference highlights Fiserv's aggressive expansion strategy, possibly investing heavily in administrative capabilities and sales force. Meanwhile, Cognizant's steady growth suggests a more controlled approach, focusing on optimizing existing resources. As businesses navigate the post-pandemic economy, understanding these strategies offers valuable insights into cost management and operational efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025