Selling, General, and Administrative Costs: Microsoft Corporation vs Fiserv, Inc.

A Tale of Two Giants: Microsoft vs. Fiserv in SG&A Costs

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a crucial indicator of a company's operational efficiency. Over the past decade, Microsoft Corporation and Fiserv, Inc. have showcased contrasting trajectories in their SG&A expenditures. From 2014 to 2023, Microsoft's SG&A costs surged by approximately 48%, reflecting its expansive growth and strategic investments. In contrast, Fiserv's expenses increased by a staggering 574%, highlighting its aggressive expansion and integration strategies.

Key Insights

• Microsoft's Steady Climb: Microsoft's SG&A expenses grew from $20 billion in 2014 to over $30 billion in 2023, underscoring its commitment to innovation and market leadership.
• Fiserv's Rapid Rise: Fiserv's costs jumped from under $1 billion in 2014 to nearly $6.6 billion in 2023, driven by acquisitions and scaling operations.

This data offers a fascinating glimpse into how these industry leaders allocate resources to maintain their competitive edge.