Operational Costs Compared: SG&A Analysis of NVIDIA Corporation and Fiserv, Inc.

A Decade of SG&A: NVIDIA vs. Fiserv

In the ever-evolving landscape of technology and financial services, operational efficiency is paramount. Over the past decade, NVIDIA Corporation and Fiserv, Inc. have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, reflecting its aggressive expansion and strategic acquisitions. In contrast, NVIDIA's expenses grew by approximately 460%, aligning with its rapid innovation and market penetration in AI and graphics technology.

Key Insights

• 2019 Milestone: Fiserv's expenses tripled, marking a pivotal year in its growth trajectory.
• NVIDIA's Steady Climb: Despite a consistent rise, NVIDIA maintained a more controlled expense growth, indicative of its strategic cost management.

As we look to 2024, NVIDIA's data remains incomplete, hinting at potential shifts in its operational strategy. This analysis underscores the dynamic nature of corporate financial management in two industry giants.