Fiserv Reports Third Quarter 2026 Results
Key Highlights
- ➤GAAP revenue $5.20 billion, down 1% year over year
- ➤GAAP loss per share $(11.17) after $6.45 billion goodwill impairment
- ➤Adjusted EPS $1.75; organic revenue was flat in the quarter
- ➤2026 outlook affirmed: organic revenue (1%) to 0%, adjusted EPS $7.20-$7.40
- ➤Project Elevate savings target doubled to $1 billion
Expert Statements
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.”
GAAP revenue decreased 1% and organic revenue was flat in the quarter; GAAP EPS of $(11.17) and adjusted EPS of $1.75 in the quarter; Company affirms 2026 organic revenue and adjusted EPS outlook; Company raises Project Elevate savings target to $1 billion, up from $500 million; Company expects to repurchase $500 million of shares in the fourth quarter of 2026
MILWAUKEE, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today reported financial results for the third quarter of 2026.
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