QUALCOMM Incorporated or Fiserv, Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: QUALCOMM or Fiserv?

In the competitive landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, QUALCOMM Incorporated and Fiserv, Inc. have demonstrated contrasting approaches to handling these costs. From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, peaking at approximately $6.6 billion in 2023. In contrast, QUALCOMM maintained a more stable trajectory, with expenses fluctuating around $2.5 billion, showing a modest increase of about 21% over the same period.

This data suggests that while Fiserv has experienced significant growth, it has also faced rising operational costs. QUALCOMM's steadier expense management may reflect a more controlled growth strategy. As businesses navigate economic uncertainties, understanding these financial dynamics can offer valuable insights into corporate efficiency and strategic planning.