Who Generates Higher Gross Profit? Intuit Inc. or Fiserv, Inc.

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

In the competitive landscape of financial technology, Intuit Inc. and Fiserv, Inc. have been pivotal players. Over the past decade, Intuit has consistently outperformed Fiserv in terms of gross profit, with a notable 30% higher average. Starting in 2014, Intuit's gross profit was approximately 76% higher than Fiserv's. By 2023, both companies showed remarkable growth, with Intuit reaching a gross profit of $11.23 billion, closely followed by Fiserv at $11.42 billion. This near parity in 2023 marks a significant shift from earlier years, highlighting Fiserv's aggressive growth strategy. However, Intuit's consistent upward trajectory, peaking at $12.82 billion in 2024, underscores its robust business model. The data reveals a fascinating narrative of competition and growth, with both companies pushing the boundaries of innovation in the fintech sector.