Key Insights on Gross Profit: Fiserv, Inc. vs Microchip Technology Incorporated

A Decade of Gross Profit Growth: Fiserv, Inc. vs. Microchip Technology

In the ever-evolving landscape of technology, Fiserv, Inc. and Microchip Technology Incorporated have demonstrated remarkable growth in gross profit over the past decade. From 2014 to 2023, Fiserv, Inc. has seen its gross profit soar by over 400%, starting at approximately $2.2 billion and reaching an impressive $11.4 billion by 2023. This growth reflects Fiserv's strategic expansions and innovations in financial services technology.

Meanwhile, Microchip Technology Incorporated has also experienced significant growth, with its gross profit more than quadrupling from around $1.1 billion in 2014 to nearly $5.7 billion in 2023. This growth underscores Microchip's robust presence in the semiconductor industry, driven by increasing demand for its products.

While 2024 data for Fiserv is not yet available, Microchip's slight dip to $5 billion suggests potential market fluctuations. Stay tuned for more insights as these industry giants continue to shape the future.