Selling, General, and Administrative Costs: Fiserv, Inc. vs Electronic Arts Inc.

A Tale of Two Giants: Fiserv, Inc. vs Electronic Arts Inc.

In the ever-evolving landscape of corporate finance, understanding the dynamics of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Fiserv, Inc. and Electronic Arts Inc. have showcased contrasting trajectories in their SG&A expenditures. From 2014 to 2023, Fiserv's SG&A costs surged by over 570%, peaking in 2023, while Electronic Arts saw a more modest increase of around 57% during the same period. This stark difference highlights Fiserv's aggressive expansion and operational scaling, especially post-2018, where their expenses more than doubled. Meanwhile, Electronic Arts maintained a steady growth, reflecting a more controlled cost strategy. The data for 2024 remains incomplete, leaving room for speculation on future trends. As these industry titans continue to evolve, their financial strategies offer valuable insights into managing growth and operational efficiency.