Who Optimizes SG&A Costs Better? Fiserv, Inc. or Marvell Technology, Inc.

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of technology and financial services, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Fiserv, Inc. and Marvell Technology, Inc. have taken different paths in this regard over the past decade. From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, reflecting its aggressive expansion strategy. In contrast, Marvell Technology maintained a more stable trajectory, with a modest increase of around 225% during the same period.

While Fiserv's expenses peaked in 2023, Marvell's costs remained relatively consistent, suggesting a more controlled approach to cost management. This divergence highlights the strategic choices companies make in balancing growth and efficiency. As we look to the future, the ability to optimize SG&A costs will continue to be a key differentiator in the tech and financial sectors.