Fiserv, Inc.: Beat — EPS $1.75, Revenue $5.2B
Earnings BeatQ3 2026 · Pre-market
Did Fiserv, Inc. (FISV) beat earnings today?
Yes, Fiserv, Inc. (FISV) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+2.34% surprise
$1.75Actual
Expected: $1.71
vs. year ago -14.2%
Total Revenue+7.44% surprise
$5.2BActual
Expected: $4.84B
vs. year ago -1.0%
Released Nov 03 · 7:00 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $5.20B | $5.26B | -1.0% |
| Revenue detail — reported lines | |||
| └─Processing and services | $4.23B | $4.27B | -1.0% |
| └─Product | $965.00M | $990.00M | -2.5% |
| └─Merchant Solutions | $2.52B | $2.59B | -3.0% |
| └─Financial Solutions | $2.33B | $2.33B | 0.0% |
| └─Corporate and Other | $344.00M | $344.00M | 0.0% |
| Net Income (Loss) | $(5,941)M | $792.00M | -850.1% |
| GAAP Diluted EPS | $(11.17) | $1.46 | -865.1% |
| Adjusted EPS | $1.75 | $2.04 | -14.2% |
Financial Outlook / Guidance
| Metric | FY26 Outlook | |
|---|---|---|
| Guidance | Expected | |
| Organic Revenue | (1%)-0% | $19.6B |
| Adjusted EPS | $7.20-$7.40 | $7.24In-Line |
FY26 Outlook
- Organic Revenue
- Guidance(1%)-0%Expected$19.6B
- Adjusted EPS
- Guidance$7.20-$7.40Expected$7.24In-Line
Business Highlights
- ➤Completed the sale of its student loan servicing business.
- ➤Formed MoneyPass Group joint venture; retains a minority ownership interest.
- ➤MoneyPass Group includes MoneyPass Network, ATM Managed Services and Cash Intelligence.
- ➤Raised Project Elevate projected savings target to $1B from $500M.
- ➤Expects $500M of common-stock repurchases in Q4 2026.
- ➤Banking net attrition declined more than 25% year to date.
- ➤Major client wins are now ramping.
- ➤Clover continued consistent underlying growth.
- ➤Modern merchant platform is gaining momentum.
- ➤Advancing an AI-everywhere mindset across the organization.
Management Commentary
Takis Georgakopoulos, Chief Executive Officer of Fiserv
“Our team is executing with urgency, and we are seeing meaningful progress. Net attrition in banking is down more than 25 percent year to date, major client wins are now ramping, Clover continues to produce consistent underlying growth and our modern merchant platform is gaining momentum.”
Takis Georgakopoulos, Chief Executive Officer of Fiserv
“As we simplify and focus our organization with an AI-everywhere mindset, we have increasing confidence that we can drive greater efficiency while investing in innovation and delivering differentiated client value.”
Paul Todd, Chief Financial Officer of Fiserv
“Our third quarter performance was in line with our expectations, including a return to organic revenue growth in Financial Solutions.”
Paul Todd, Chief Financial Officer of Fiserv
“Our second-half initiatives are on track to support the revenue acceleration we expect in the fourth quarter, and we are reaffirming our full-year guidance. Our growing confidence also allows us to resume share repurchases earlier than anticipated, with $500 million planned in the fourth quarter.”