Broadcom Inc. and Fiserv, Inc.: SG&A Spending Patterns Compared

SG&A Spending Patterns: A Tale of Two Giants

In the ever-evolving landscape of corporate finance, understanding the spending patterns of industry leaders is crucial. Broadcom Inc. and Fiserv, Inc., two titans in their respective fields, have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Broadcom's SG&A expenses grew steadily, peaking in 2024 with a significant increase, while Fiserv's expenses surged dramatically, especially post-2019, reaching a high in 2023. This reflects a strategic shift, possibly towards aggressive expansion or increased operational costs. Notably, Fiserv's expenses in 2023 were approximately 4 times higher than in 2014, indicating a robust growth trajectory. Meanwhile, Broadcom's expenses in 2024 saw a sharp rise, suggesting a potential strategic pivot. These patterns offer a window into the strategic priorities and market positioning of these corporate giants.