Fiserv, Inc. vs Atlassian Corporation: SG&A Expense Trends

SG&A Expense Trends: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial. This analysis juxtaposes the SG&A expense trajectories of Fiserv, Inc. and Atlassian Corporation from 2014 to 2023.

Atlassian Corporation: A Steady Climb

Atlassian's SG&A expenses have shown a consistent upward trend, growing nearly 20 times from 2014 to 2023. This reflects the company's aggressive expansion and investment in operational capabilities. The most significant leap occurred between 2022 and 2023, with a 32% increase, highlighting a strategic push in their business operations.

Fiserv, Inc.: A Robust Growth

Fiserv, Inc. has also experienced a substantial rise in SG&A expenses, with a sixfold increase over the same period. The most notable surge was between 2019 and 2020, where expenses nearly doubled, indicating a period of significant strategic investment. However, data for 2024 is missing, leaving room for speculation on future trends.