Who Optimizes SG&A Costs Better? Applied Materials, Inc. or Fiserv, Inc.

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive landscape of technology and financial services, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Applied Materials, Inc. and Fiserv, Inc. have showcased contrasting strategies in this domain. From 2014 to 2023, Applied Materials maintained a steady increase in SG&A expenses, peaking at approximately 1.8 billion in 2023, reflecting a 100% rise from 2014. This growth aligns with their expanding market presence and innovation investments. Conversely, Fiserv's SG&A expenses surged dramatically, especially post-2018, reaching over 6.5 billion by 2023, a staggering 570% increase from 2014. This spike highlights their aggressive acquisition strategy and integration costs. While Applied Materials exhibits a more controlled expense trajectory, Fiserv's approach underscores a bold expansion strategy. Missing data for 2024 suggests ongoing adjustments. Understanding these trends offers valuable insights into corporate financial strategies.