Fiserv, Inc. vs Teradyne, Inc.: 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 for investors and analysts alike. This article delves into the SG&A expense patterns of two industry giants, Fiserv, Inc. and Teradyne, Inc., from 2014 to 2023.

Fiserv, Inc.: A Steady Climb

Over the past decade, Fiserv, Inc. has witnessed a remarkable increase in its SG&A expenses, growing by approximately 575% from 2014 to 2023. This upward trajectory reflects the company's strategic investments in expansion and innovation, positioning it as a leader in the financial services technology sector.

Teradyne, Inc.: Consistent Growth

In contrast, Teradyne, Inc. has experienced a more modest yet consistent rise in SG&A expenses, with a growth of around 79% over the same period. This steady increase underscores Teradyne's commitment to maintaining operational efficiency while expanding its footprint in the semiconductor testing industry.