Who Optimizes SG&A Costs Better? Fiserv, Inc. or The Trade Desk, Inc.

Optimizing SG&A: A Tale of Two Companies

In the competitive world of finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Fiserv, Inc. and The Trade Desk, Inc. offer a fascinating study in contrasts. Over the past decade, Fiserv's SG&A expenses have surged by over 570%, from approximately $975 million in 2014 to $6.576 billion in 2023. Meanwhile, The Trade Desk, Inc. has seen a more modest increase of around 3,940%, starting at $23.98 million in 2014 and reaching $968.25 million in 2023.

While Fiserv's expenses are significantly higher, reflecting its larger scale, The Trade Desk's rapid growth in SG&A costs highlights its aggressive expansion strategy. This data underscores the importance of strategic cost management in sustaining growth and profitability. As these companies continue to evolve, their ability to optimize SG&A expenses will be pivotal in maintaining their competitive edge.