Breaking Down SG&A Expenses: SAP SE vs Fiserv, Inc.

A Comparative Analysis of SG&A Expenses: SAP SE vs. Fiserv, Inc.

In the ever-evolving landscape of global business, understanding the financial strategies of industry giants is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of SAP SE and Fiserv, Inc. from 2014 to 2023. Over this decade, SAP SE consistently outpaced Fiserv, Inc. in SG&A spending, reflecting its expansive global operations and strategic investments. Notably, SAP SE's SG&A expenses peaked in 2022, reaching approximately 11 billion, a 112% increase from 2014. In contrast, Fiserv, Inc. demonstrated a more gradual growth, with a significant surge in 2019, marking a 237% increase from its 2014 figures. This divergence highlights SAP SE's aggressive market positioning and Fiserv's strategic scaling. As businesses navigate the complexities of the digital age, these insights offer a window into the financial maneuvers of two leading corporations.