Who Optimizes SG&A Costs Better? Fiserv, Inc. or Leidos Holdings, Inc.

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive landscape of corporate America, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Fiserv, Inc. and Leidos Holdings, Inc. have taken distinct paths in this regard over the past decade. From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, peaking at approximately $6.6 billion in 2023. This reflects their aggressive expansion and investment strategy. In contrast, Leidos Holdings maintained a more conservative approach, with their SG&A costs increasing by about 200% to just under $1 billion in the same period. This strategic restraint highlights Leidos' focus on operational efficiency. As businesses navigate economic uncertainties, the ability to optimize SG&A costs can be a decisive factor in sustaining growth and competitiveness. The contrasting strategies of Fiserv and Leidos offer valuable insights into the diverse approaches companies can adopt to manage their operational expenses effectively.