Fiserv Reports Third Quarter 2026 Results

(NASDAQ:FISV) Fiserv, Inc. reported GAAP revenue of $5.20 billion for the third quarter of 2026, representing a 1% decrease compared to the third quarter of 2025. GAAP revenue for the first nine months of 2026 was $15.52 billion, down 2% from the same period in 2025. In the third quarter of 2026, GAAP revenue decreased 3% in the Merchant Solutions segment and was flat in the Financial Solutions segment compared to the prior year period. For the first nine months of 2026, GAAP revenue decreased 1% in Merchant Solutions and 4% in Financial Solutions. GAAP loss per share was $(11.17) in the third quarter and $(8.90) for the first nine months of 2026. The company recorded a non-cash goodwill impairment charge of $6.45 billion in the third quarter of 2026. GAAP operating margin for the company was (105.7)% in the third quarter and (23.0)% for the first nine months of 2026, compared to 27.3% and 28.5% in the respective periods of 2025. Merchant Solutions GAAP operating margin was 28.7% in Q3 2026 and 28.4% for the first nine months, versus 37.2% and 35.3% in 2025. Financial Solutions GAAP operating margin was 38.1% in Q3 2026 and 38.3% for the first nine months, compared to 42.5% and 46.3% in 2025. Net cash provided by operating activities was $3.09 billion in the first nine months of 2026, down from $4.12 billion in the prior year period. Adjusted revenue was $4.85 billion in Q3 2026 and $14.49 billion for the first nine months, a decrease of 1% and 3% respectively. Organic revenue was flat in Q3 2026, with a 2% decline in Merchant Solutions and 2% growth in Financial Solutions; for the first nine months, organic revenue decreased 3%, with a 2% decline in Merchant Solutions and a 4% decline in Financial Solutions. Adjusted earnings per share was $1.75 in Q3 2026 and $5.38 for the first nine months. Adjusted operating margin was 31.2% in Q3 2026 and 30.9% for the first nine months, compared to 37.0% and 38.2% in 2025. Free cash flow was $2.04 billion in the first nine months of 2026, compared to $2.88 billion in the prior year. In Q3, Fiserv completed the sale of its student loan servicing business and formed the MoneyPass Group joint venture, retaining a minority ownership interest. The company increased its projected savings under Project Elevate to $1 billion, up from $500 million, after a portfolio review and identification of additional operational efficiencies. Fiserv expects to repurchase $500 million of its common stock during the fourth quarter of 2026 under its existing authorization. The company continues to expect organic revenue outlook of (1%) to 0% and adjusted earnings per share of $7.20 to $7.40 for 2026. CEO Takis Georgakopoulos stated that net attrition in banking is down more than 25% year to date, major client wins are ramping, Clover is producing consistent growth, and the merchant platform is gaining momentum. CFO Paul Todd stated that third quarter performance was in line with expectations, with a return to organic revenue growth in Financial Solutions, and that second-half initiatives are on track to support revenue acceleration in the fourth quarter. Fiserv will discuss its third quarter 2026 results in a live webcast at 7 a.m. CT on November 3, 2026.

Fiserv Simplifies Cross-Border Commerce with Commerce Hub™

(NASDAQ:FISV) Fiserv, Inc. announced the global availability of Commerce Hub, a platform designed to enable enterprise merchants to orchestrate and simplify commerce through a single connection to Fiserv's commerce capabilities. Commerce Hub currently supports more than several billions in processing and is growing more than 100% year-over-year across multiple industries, payment methods, and business models. The platform supports enterprises ranging from global marketplaces and platforms to traditional brick-and-mortar businesses and specialized sectors such as grocery, petroleum, and restaurants. Commerce Hub brings together payment optimization, orchestration, and value-added services in a single platform, aiming to help clients improve performance, streamline operations, and deliver consistent commerce experiences across markets. The platform provides access to market-specific payment options, acquiring services, and value-added capabilities through a single platform, helping businesses scale efficiently while maintaining a consistent operating model globally. Commerce Hub offers a single integration for onboarding, APIs, reporting, and operational controls for Fiserv merchant services. It provides access to local payment methods, acquiring, settlement options, and regional expertise to help businesses meet customer expectations in every market. The infrastructure is cloud-native, designed to streamline integrations and accelerate the delivery of new commerce capabilities. Integrated value-added services include payment optimization, fraud protection, cross-border capabilities, and support for emerging payment methods from a unified platform. Lia Cao, Chief Revenue Officer, Enterprise and Platforms at Fiserv, stated that Commerce Hub simplifies cross-border expansion by combining global scale, local expertise, and value-added services on a single platform, helping clients expand faster and operate more efficiently. Dell Technologies is among the global enterprises leveraging Commerce Hub to support a more unified approach to commerce. Dell's experience using Commerce Hub to introduce PIX in Brazil demonstrates how businesses can adapt to local customer preferences while maintaining consistent operations at scale.

Fiserv Surpasses 5 Million Clover Devices Shipped Worldwide

(NASDAQ:FISV) Fiserv, Inc. announced that it has surpassed five million Clover® devices shipped worldwide, marking a significant milestone for its all-in-one business management platform. The company highlighted that this achievement demonstrates the value Fiserv delivers by integrating payment acceptance, software, hardware, and value-added services on a single platform. Clover is designed to help businesses manage critical operations, enhance customer experiences, and access growth-supporting capabilities in a connected commerce ecosystem. Fiserv reported that it reached 1 million devices shipped worldwide as of 2018. The company then shipped 2 million devices worldwide as of 2021. By 2023, the number of devices shipped reached 3 million. In 2025, Fiserv achieved 4 million devices shipped worldwide. The milestone of 5 million devices shipped was reached in 2026. Takis Georgakopoulos, Chief Executive Officer of Fiserv, stated that this milestone is rooted in the company's clients and the millions of businesses they serve. He emphasized that each Clover device connects a business to Fiserv's broader capabilities, enabling payment acceptance, operational simplification, and improved customer experiences. Georgakopoulos also noted that reaching 5 million devices shipped reflects the trust clients place in Fiserv and reinforces the company's commitment to innovation, reliability, and scale. Clover provides businesses with flexibility by integrating payment acceptance, business management, and customer engagement capabilities through a unified platform. The hardware, software, and services offered by Clover are designed to support a wide range of operational needs and commerce experiences. Fiserv continues to expand the scale and reach of Clover, supporting businesses in managing more of their operations in one place. The announcement underscores Fiserv's ongoing role in enabling seamless and personalized experiences for consumers. The company attributes its growth in device shipments to the increasing demand for efficient and effective business management solutions.

Hard Rock Stadium Selects Clover Sport to Power Point-of-Sale Solutions

(NASDAQ:FISV) Fiserv, Inc. announced that Hard Rock Stadium has selected Clover Sport as its official point-of-sale technology partner. Clover Sport is now live at Hard Rock Stadium, supporting commerce across the venue's full calendar of professional sports, international competitions, concerts, and large-scale live events. The deployment includes 1,020 Clover Station Duo terminals and integrated scanners, as well as 50 Clover Flex handheld units throughout the stadium. Fiserv’s solution integrates payment processing, hardware, and ticketing software into a unified system, providing centralized management and real-time reporting. The system is designed to ensure uninterrupted performance during peak event rushes. Robert Clarkson, Chief Revenue Officer, SMB and Clover at Fiserv, stated that working with Hard Rock Stadium enables Fiserv to deliver a modernized, fast commerce experience for millions of fans. He emphasized that Clover Sport helps create faster, more seamless experiences for fans and delivers operational intelligence and reliability for venue operators. The Hard Rock Stadium operations team will benefit from centralized reporting and actionable business insights to streamline back-of-house operations. Sameer Istafa, Vice President and Chief Technology Officer at the Miami Dolphins and Hard Rock Stadium, commented that Clover Sport provides a modern point-of-sale platform that reduces wait times for guests and enhances operational efficiency for the concessions team. Clover Sport currently powers commerce at more than 60 major entertainment venues across NCAA and professional sports. This deployment highlights Fiserv's expanding leadership in modernizing enterprise sports and entertainment destinations globally.

Fiserv Announces Results of Tender Offers for Any and All of its Outstanding 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049

(NASDAQ: FISV) Fiserv, Inc. announced the expiration and results of its tender offers to purchase for cash any and all of its outstanding 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049. The Offers expired at 5:00 p.m., New York City time, on June 23, 2026. $1,330,795,000 aggregate principal amount of Notes were validly tendered by the Expiration Date and not validly withdrawn, excluding $22,771,000 aggregate principal amount of Notes reflected in Notices of Guaranteed Delivery. The aggregate principal amount tendered included $516,181,000 of 2027 Notes and $814,614,000 of 2049 Notes. The Consideration for each $1,000 principal amount of Notes accepted for purchase is $1,005.65 for 2027 Notes and $797.61 for 2049 Notes. The Company intends to accept for purchase the principal amount of all Notes specified in the table above (including Notes reflected in Notices of Guaranteed Delivery that are validly tendered using the Guaranteed Delivery Procedures by 5:00 p.m., New York City time, on June 25, 2026) and pay the applicable Consideration and Accrued Interest for such Notes on the Settlement Date, which is expected to be June 26, 2026 unless extended. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC are the lead dealer managers for the tender offers.

Fiserv Announces Pricing of Tender Offers for Any and All of its Outstanding 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049

(NASDAQ: FISV) Fiserv, Inc. announced the pricing of its tender offers to purchase for cash any and all of its outstanding 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049. The aggregate principal amount outstanding for the 5.150% Senior Notes due 2027 is $750,000,000, and for the 4.400% Senior Notes due 2049 is $2,000,000,000. The consideration payable per $1,000 principal amount is $1,005.65 for the 2027 Notes and $797.61 for the 2049 Notes, with the calculation using a Settlement Date of June 26, 2026. The Offers will expire at 5:00 p.m., New York City time, on June 23, 2026, unless extended or terminated by the Company. The Offers are not conditioned on any minimum amount of Notes being tendered. Accrued and unpaid interest will be paid on all Notes validly tendered and accepted for purchase from the last interest payment date up to, but not including, the Settlement Date. The company expects to pay the Consideration plus Accrued Interest for all Notes validly tendered and accepted for purchase on June 26, 2026 unless extended.

Fiserv Announces Launch of Tender Offers for Any and All of its Outstanding 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049

(NASDAQ:FISV) Fiserv, Inc. announced the commencement of tender offers to purchase for cash any and all of its senior notes listed in the announcement. The offers include $750,000,000 of 5.150% Senior Notes due 2027 and $2,000,000,000 of 4.400% Senior Notes due 2049. The tender offers will expire at 5:00 p.m., New York City time, on June 23, 2026, unless extended or terminated by the company. The settlement date for accepted notes is expected to be June 26, 2026, unless extended. The consideration payable per $1,000 principal amount of notes will be determined by reference to the applicable fixed spread plus the yield to maturity of the relevant U.S. Treasury Reference Security. In addition to the consideration, holders of accepted notes will receive accrued interest from the last interest payment date to, but not including, the settlement date. The company’s obligation to accept and pay for notes is subject to certain conditions, including the receipt of proceeds upon settlement of an offering of new euro denominated senior notes.

FISV ALERT: Shareholder Rights Law Firm Julie & Holleman LLP Is Investigating Fiserv’s Directors and Officers for Potential Wrongdoing

Julie & Holleman LLP announced an investigation into potential claims against Fiserv, Inc. (NASDAQ: FISV) insiders related to losses suffered by the company’s stockholders. According to court filings, Fiserv allegedly concealed facts about its business performance and growth prospects, failed to disclose problems with its Payeezy platform, and artificially boosted revenues through forced migrations to the Clover platform. The complaint states that after the migration, many former Payeezy customers switched to competitors, significantly injuring Fiserv’s business, and that the company’s stock plummeted when the truth emerged. Julie & Holleman LLP is seeking to represent affected shareholders and is offering free consultations.