Fiserv, Inc. or Gartner, Inc.: Who Manages SG&A Costs Better?

Fiserv vs. Gartner: A Decade of SG&A Management

In the competitive landscape of financial services and research, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Fiserv, Inc. and Gartner, Inc. have demonstrated contrasting approaches to SG&A cost management.

Fiserv's Rising SG&A Costs

From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, peaking at approximately $6.6 billion in 2023. This significant increase reflects Fiserv's aggressive expansion and investment strategies.

Gartner's Steady Growth

Conversely, Gartner's SG&A expenses grew by about 208% during the same period, reaching around $2.7 billion in 2023. This steady growth indicates a more controlled approach to managing operational costs.

Conclusion

While Fiserv's strategy may suggest a focus on rapid growth, Gartner's approach highlights efficiency and stability. Investors and stakeholders must weigh these strategies against their financial goals.