SG&A Expense Trends: Fiserv, Inc. vs Corning Incorporated

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Over the past decade, Fiserv, Inc. and Corning Incorporated have shown distinct trajectories in their SG&A expenditures.

A Decade of Change

From 2014 to 2023, Corning Incorporated's SG&A expenses have seen a steady increase, rising approximately 60% from 2014 to 2023. In contrast, Fiserv, Inc. experienced a dramatic surge, with expenses growing by over 570% during the same period. This stark difference highlights Fiserv's aggressive expansion and investment strategies.

Key Insights

While Corning's expenses reflect a more stable growth pattern, Fiserv's sharp rise, especially post-2018, suggests significant strategic shifts. Notably, 2024 data for Fiserv is missing, indicating potential reporting delays or strategic changes. Understanding these trends provides valuable insights into each company's operational focus and future direction.