Operational Costs Compared: SG&A Analysis of Fiserv, Inc. and Gen Digital Inc.

A Comparative Analysis of SG&A Expenses: Fiserv, Inc. vs. Gen Digital Inc.

In the ever-evolving landscape of financial services and digital security, understanding operational costs is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Fiserv, Inc. and Gen Digital Inc. from 2014 to 2023. Over this decade, Fiserv's SG&A expenses surged by approximately 575%, peaking in 2023, while Gen Digital's expenses saw a decline of about 66% from their 2014 high. Notably, Fiserv's expenses consistently outpaced Gen Digital's from 2019 onwards, highlighting a strategic shift or expansion in operations. The data for 2024 is incomplete, indicating potential changes in reporting or operational strategies. This trend analysis offers valuable insights into the financial strategies of these industry giants, reflecting broader market dynamics and operational priorities.