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

Optimizing SG&A Costs: 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 Ubiquiti Inc. offer a fascinating study in contrasts. From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, peaking at approximately $6.6 billion in 2023. In contrast, Ubiquiti Inc. maintained a more modest increase, with expenses rising by around 200% to $71 million in the same period.

This stark difference highlights Fiserv's aggressive expansion strategy, while Ubiquiti's steady growth reflects a more conservative approach. Interestingly, Fiserv's expenses saw a dramatic jump in 2019, coinciding with significant acquisitions, whereas Ubiquiti's expenses grew consistently year-over-year. The data for 2024 is incomplete, but the trends suggest that both companies are navigating their unique paths in optimizing SG&A costs.