Operational Costs Compared: SG&A Analysis of Fiserv, Inc. and Dell Technologies Inc.

A Decade of SG&A: Fiserv vs. Dell Technologies

In the ever-evolving landscape of technology and financial services, operational efficiency is paramount. Over the past decade, Dell Technologies and Fiserv have showcased contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses. Dell Technologies, a titan in the tech industry, saw its SG&A expenses peak in 2019, reaching nearly 15% above its 2014 levels. Meanwhile, Fiserv, a leader in financial services technology, experienced a steady rise, with a notable 575% increase from 2014 to 2023. This divergence highlights Dell's focus on streamlining operations post-2019, while Fiserv's growth trajectory reflects its aggressive expansion strategy. Notably, data for 2024 is incomplete, leaving room for speculation on future trends. As these giants continue to adapt, their SG&A strategies will be crucial in maintaining competitive edges in their respective markets.