What is Fiserv Inc's earnings per share (EPS)?

Fiserv Inc (FISV) reported diluted earnings per share of $6.34 for fiscal year 2025. This represents a 17.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Fiserv Inc Financials

FISV

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Fiserv Inc (FISV) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 56/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Fiserv Inc has an operating margin of 27.5%, meaning the company retains $27 of operating profit per $100 of revenue. This strong profitability earns a score of 83/100, reflecting efficient cost management and pricing power. This is down from 28.7% the prior year.

Growth

Fiserv Inc's revenue grew a modest 3.6% year-over-year to $21.2B. This slow but positive growth earns a score of 39/100.

Leverage

Fiserv Inc carries a low D/E ratio of 1.08, meaning only $1.08 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 80/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Fiserv Inc's current ratio of 1.03 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 16/100, which could limit financial flexibility.

Cash Flow

Fiserv Inc converts 20.3% of revenue into free cash flow ($4.3B). This strong cash generation earns a score of 76/100.

Returns

Fiserv Inc's ROE of 13.5% shows moderate profitability relative to equity, earning a score of 41/100. This is up from 11.6% the prior year.

Altman Z-Score Distress

1.32

Fiserv Inc scores 1.32, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral

5/9

Fiserv Inc passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.74x

For every $1 of reported earnings, Fiserv Inc generates $1.74 in operating cash flow ($6.1B OCF vs $3.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

3.8x

Fiserv Inc earns $3.8 in operating income for every $1 of interest expense ($5.8B vs $1.5B). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$21.2B

YoY+3.6%

5Y CAGR+7.4%

10Y CAGR+15.0%

Fiserv Inc generated $21.2B in revenue in fiscal year 2025. This represents an increase of 3.6% from the prior year.

EBITDA

$9.1B

YoY+1.0%

5Y CAGR+12.2%

10Y CAGR+18.0%

Fiserv Inc's EBITDA was $9.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1.0% from the prior year.

Net Income

$3.5B

YoY+11.1%

5Y CAGR+29.4%

10Y CAGR+17.2%

Fiserv Inc reported $3.5B in net income in fiscal year 2025. This represents an increase of 11.1% from the prior year.

EPS (Diluted)

$6.34

YoY+17.8%

5Y CAGR+35.3%

10Y CAGR+7.8%

Fiserv Inc earned $6.34 per diluted share (EPS) in fiscal year 2025. This represents an increase of 17.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$4.3B

YoY-15.1%

5Y CAGR+5.8%

10Y CAGR+15.9%

Fiserv Inc generated $4.3B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 15.1% from the prior year.

Cash & Debt

$798.0M

YoY-35.4%

5Y CAGR-2.5%

Fiserv Inc held $798.0M in cash against $27.8B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

535M

YoY-4.7%

10Y CAGR+9.1%

Fiserv Inc had 535M shares outstanding in fiscal year 2025. This represents a decrease of 4.7% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

27.5%

YoY-1.3pp

5Y CAGR+15.0pp

10Y CAGR+2.5pp

Fiserv Inc's operating margin was 27.5% in fiscal year 2025, reflecting core business profitability. This is down 1.3 percentage points from the prior year.

Net Margin

16.4%

YoY+1.1pp

5Y CAGR+10.0pp

10Y CAGR+2.9pp

Fiserv Inc's net profit margin was 16.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.1 percentage points from the prior year.

Return on Equity

13.5%

YoY+1.9pp

5Y CAGR+10.5pp

10Y CAGR-13.3pp

Fiserv Inc's ROE was 13.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.9 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$1.8B

YoY+12.4%

5Y CAGR+14.4%

10Y CAGR+17.3%

Fiserv Inc invested $1.8B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 12.4% from the prior year.

FISV Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$21.2B+3.6%	$20.5B+7.1%	$19.1B+7.6%	$17.7B+9.3%	$16.2B+9.3%	$14.9B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$6.9B+4.9%	$6.6B-0.2%	$6.6B+8.5%	$6.1B+4.3%	$5.8B+2.8%	$5.7B
Operating Income	$5.8B-1.0%	$5.9B+17.3%	$5.0B+34.1%	$3.7B+63.5%	$2.3B+23.5%	$1.9B
Interest Expense	$1.5B+23.7%	$1.2B+23.3%	$1.0B+34.6%	$746.0M+7.2%	$696.0M-2.8%	$716.0M
Income Tax	$811.0M+26.5%	$641.0M-15.0%	$754.0M+36.8%	$551.0M+51.8%	$363.0M+85.2%	$196.0M
Net Income	$3.5B+11.1%	$3.1B+2.1%	$3.1B+21.3%	$2.5B+89.7%	$1.3B+39.2%	$958.0M
EPS (Diluted)	$6.34+17.8%	$5.38+8.0%	$4.98+27.4%	$3.91+96.5%	$1.99+42.1%	$1.40

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$5.3B+0.4%	$5.3B-4.6%	$5.5B+7.5%	$5.1B-2.3%	$5.3B+0.7%	$5.2B+2.1%	$5.1B+4.6%	$4.9B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.7B-1.9%	$1.8B+3.0%	$1.7B+1.7%	$1.7B+7.5%	$1.6B-2.6%	$1.6B-5.4%	$1.7B0.0%	$1.7B
Operating Income	$1.3B-10.1%	$1.4B-15.3%	$1.7B+21.6%	$1.4B-16.4%	$1.7B+4.1%	$1.6B+12.2%	$1.4B+20.9%	$1.2B
Interest Expense	$384.0M-11.1%	$432.0M+14.9%	$376.0M+10.9%	$339.0M+1.5%	$334.0M-1.5%	$339.0M+15.3%	$294.0M+8.5%	$271.0M
Income Tax	$202.0M+16.8%	$173.0M-29.7%	$246.0M+29.5%	$190.0M-1.6%	$193.0M+160.8%	$74.0M-66.5%	$221.0M+44.4%	$153.0M
Net Income	$811.0M+2.4%	$792.0M-22.8%	$1.0B+20.6%	$851.0M-9.3%	$938.0M+66.3%	$564.0M-36.9%	$894.0M+21.6%	$735.0M
EPS (Diluted)	N/A	$1.46-21.5%	$1.86+23.2%	$1.51	N/A	$0.98-35.9%	$1.53+23.4%	$1.24

FISV Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$80.1B+3.8%	$77.2B-15.1%	$90.9B+8.4%	$83.9B+10.0%	$76.2B+2.2%	$74.6B
Current Assets	$24.7B+5.0%	$23.5B-32.6%	$34.8B+26.4%	$27.5B+46.0%	$18.9B+16.3%	$16.2B
Cash & Equivalents	$798.0M-35.4%	$1.2B+2.7%	$1.2B+33.5%	$902.0M+8.0%	$835.0M-7.8%	$906.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$4.0B+6.9%	$3.7B+4.0%	$3.6B-0.1%	$3.6B+25.3%	$2.9B+15.2%	$2.5B
Goodwill	$37.7B+3.1%	$36.6B-1.7%	$37.2B+1.1%	$36.8B+1.0%	$36.4B+0.3%	$36.3B
Total Liabilities	$54.3B+9.8%	$49.5B-17.8%	$60.2B+15.4%	$52.2B+17.8%	$44.3B+7.3%	$41.3B
Current Liabilities	$23.9B+7.8%	$22.2B-34.0%	$33.6B+26.8%	$26.5B+44.6%	$18.3B+17.0%	$15.6B
Long-Term Debt	$27.8B+17.0%	$23.7B+6.1%	$22.4B+6.7%	$20.9B+1.1%	$20.7B+2.1%	$20.3B
Total Equity	$25.8B-4.7%	$27.1B-9.3%	$29.9B-3.1%	$30.8B-0.4%	$31.0B-4.3%	$32.3B
Retained Earnings	$27.1B+14.8%	$23.6B+15.3%	$20.4B+17.7%	$17.4B+17.0%	$14.8B+10.5%	$13.4B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$80.1B+1.0%	$79.4B-2.7%	$81.5B+1.4%	$80.4B+4.2%	$77.2B-3.3%	$79.8B-14.6%	$93.4B+0.8%	$92.7B
Current Assets	$24.7B+2.1%	$24.2B-8.8%	$26.5B+3.5%	$25.6B+9.0%	$23.5B-6.6%	$25.1B-34.4%	$38.3B+3.3%	$37.1B
Cash & Equivalents	$798.0M-25.3%	$1.1B+6.9%	$999.0M-15.1%	$1.2B-4.8%	$1.2B+0.7%	$1.2B+2.8%	$1.2B-1.6%	$1.2B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$4.0B+0.6%	$4.0B-3.9%	$4.1B+4.6%	$3.9B+5.6%	$3.7B+0.3%	$3.7B-0.8%	$3.7B+4.8%	$3.6B
Goodwill	$37.7B+0.7%	$37.4B0.0%	$37.5B+1.3%	$37.0B+1.1%	$36.6B-1.5%	$37.1B+0.7%	$36.9B-0.5%	$37.0B
Total Liabilities	$54.3B+0.2%	$54.2B-2.8%	$55.8B+3.5%	$53.9B+8.9%	$49.5B-3.7%	$51.4B-20.5%	$64.6B+2.4%	$63.1B
Current Liabilities	$23.9B+6.8%	$22.4B-8.0%	$24.3B+4.4%	$23.3B+5.1%	$22.2B-6.0%	$23.6B-34.9%	$36.2B+3.1%	$35.1B
Long-Term Debt	$27.8B-3.9%	$28.9B+2.9%	$28.1B+3.9%	$27.0B+13.8%	$23.7B-1.5%	$24.1B-1.3%	$24.4B+2.7%	$23.8B
Total Equity	$25.8B+2.7%	$25.1B-0.4%	$25.2B-2.6%	$25.9B-4.4%	$27.1B-2.5%	$27.8B-1.4%	$28.2B-2.2%	$28.8B
Retained Earnings	$27.1B+3.1%	$26.2B+3.1%	$25.5B+4.2%	$24.4B+3.6%	$23.6B+4.1%	$22.6B+2.6%	$22.1B+4.2%	$21.2B

FISV Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$6.1B-8.6%	$6.6B+28.5%	$5.2B+11.8%	$4.6B+14.5%	$4.0B-2.7%	$4.1B
Capital Expenditures	$1.8B+12.4%	$1.6B+13.0%	$1.4B-6.2%	$1.5B+27.5%	$1.2B+28.9%	$900.0M
Free Cash Flow	$4.3B-15.1%	$5.1B+34.1%	$3.8B+20.2%	$3.1B+9.2%	$2.9B-11.5%	$3.2B
Investing Cash Flow	-$2.5B-4.8%	-$2.4B-125.1%	-$1.1B+49.4%	-$2.1B-29.6%	-$1.6B-378.0%	-$341.0M
Financing Cash Flow	-$3.8B+8.0%	-$4.2B+4.4%	-$4.4B-75.8%	-$2.5B-42.3%	-$1.7B+49.3%	-$3.4B
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$1.9B+7.7%	$1.8B+8.4%	$1.7B+156.9%	$648.0M-70.8%	$2.2B-0.8%	$2.2B+66.9%	$1.3B+61.4%	$831.0M
Capital Expenditures	$442.0M-12.8%	$507.0M+5.8%	$479.0M+43.0%	$335.0M-16.0%	$399.0M-0.7%	$402.0M+15.5%	$348.0M-17.1%	$420.0M
Free Cash Flow	$1.5B+15.7%	$1.3B+9.4%	$1.2B+278.9%	$313.0M-82.8%	$1.8B-0.8%	$1.8B+84.9%	$993.0M+141.6%	$411.0M
Investing Cash Flow	-$623.0M+1.7%	-$634.0M-87.6%	-$338.0M+63.5%	-$925.0M-39.3%	-$664.0M-24.6%	-$533.0M+34.2%	-$810.0M-104.0%	-$397.0M
Financing Cash Flow	-$1.3B+5.3%	-$1.4B+23.6%	-$1.8B-386.0%	$627.0M+131.7%	-$2.0B-84.9%	-$1.1B-15.8%	-$925.0M-389.4%	-$189.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

FISV Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	27.5%-1.3pp	28.7%+2.5pp	26.3%+5.2pp	21.1%+7.0pp	14.1%+1.6pp	12.5%
Net Margin	16.4%+1.1pp	15.3%-0.8pp	16.1%+1.8pp	14.3%+6.0pp	8.2%+1.8pp	6.5%
Return on Equity	13.5%+1.9pp	11.6%+1.3pp	10.3%+2.1pp	8.2%+3.9pp	4.3%+1.3pp	3.0%
Return on Assets	4.3%+0.3pp	4.1%+0.7pp	3.4%+0.4pp	3.0%+1.3pp	1.8%+0.5pp	1.3%
Current Ratio	1.03-0.0	1.06+0.0	1.040.0	1.040.0	1.030.0	1.04
Debt-to-Equity	1.08+0.2	0.88+0.1	0.75+0.1	0.680.0	0.67+0.0	0.63
FCF Margin	20.3%-4.5pp	24.8%+5.0pp	19.8%+2.1pp	17.7%-0.0pp	17.7%-4.1pp	21.9%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	24.4%-2.8pp	27.3%-3.5pp	30.8%+3.6pp	27.2%-4.6pp	31.8%+1.1pp	30.7%+2.8pp	28.0%+3.8pp	24.2%
Net Margin	15.3%+0.3pp	15.0%-3.6pp	18.6%+2.0pp	16.6%-1.3pp	17.9%+7.1pp	10.8%-6.7pp	17.5%+2.5pp	15.0%
Return on Equity	3.1%-0.0pp	3.1%-0.9pp	4.1%+0.8pp	3.3%-0.2pp	3.5%+1.4pp	2.0%-1.2pp	3.2%+0.6pp	2.5%
Return on Assets	1.0%0.0pp	1.0%-0.3pp	1.3%+0.2pp	1.1%-0.2pp	1.2%+0.5pp	0.7%-0.2pp	1.0%+0.2pp	0.8%
Current Ratio	1.03-0.0	1.080.0	1.09-0.0	1.10+0.0	1.060.0	1.070.0	1.060.0	1.06
Debt-to-Equity	1.08-0.1	1.15+0.0	1.11+0.1	1.04+0.2	0.880.0	0.870.0	0.87+0.0	0.82
FCF Margin	28.4%+3.8pp	24.7%+3.2pp	21.5%+15.4pp	6.1%-28.6pp	34.7%-0.5pp	35.2%+15.8pp	19.4%+11.0pp	8.4%

Frequently Asked Questions

What is Fiserv Inc's annual revenue?

Fiserv Inc (FISV) reported $21.2B in total revenue for fiscal year 2025. This represents a 3.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Fiserv Inc's revenue growing?

Fiserv Inc (FISV) revenue grew by 3.6% year-over-year, from $20.5B to $21.2B in fiscal year 2025.

Is Fiserv Inc profitable?

Yes, Fiserv Inc (FISV) reported a net income of $3.5B in fiscal year 2025, with a net profit margin of 16.4%.

What is Fiserv Inc's EBITDA?

Fiserv Inc (FISV) had EBITDA of $9.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Fiserv Inc have?

As of fiscal year 2025, Fiserv Inc (FISV) had $798.0M in cash and equivalents against $27.8B in long-term debt.

What is Fiserv Inc's operating margin?

Fiserv Inc (FISV) had an operating margin of 27.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Fiserv Inc's net profit margin?

Fiserv Inc (FISV) had a net profit margin of 16.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Fiserv Inc's return on equity (ROE)?

Fiserv Inc (FISV) has a return on equity of 13.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Fiserv Inc's free cash flow?

Fiserv Inc (FISV) generated $4.3B in free cash flow during fiscal year 2025. This represents a -15.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Fiserv Inc's operating cash flow?

Fiserv Inc (FISV) generated $6.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Fiserv Inc's total assets?

Fiserv Inc (FISV) had $80.1B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Fiserv Inc's capital expenditures?

Fiserv Inc (FISV) invested $1.8B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Fiserv Inc have outstanding?

Fiserv Inc (FISV) had 535M shares outstanding as of fiscal year 2025.

What is Fiserv Inc's current ratio?

Fiserv Inc (FISV) had a current ratio of 1.03 as of fiscal year 2025, which is considered adequate.

What is Fiserv Inc's debt-to-equity ratio?

Fiserv Inc (FISV) had a debt-to-equity ratio of 1.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Fiserv Inc's return on assets (ROA)?

Fiserv Inc (FISV) had a return on assets of 4.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Fiserv Inc's Altman Z-Score?

Fiserv Inc (FISV) has an Altman Z-Score of 1.32, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Fiserv Inc's Piotroski F-Score?

Fiserv Inc (FISV) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Fiserv Inc's earnings high quality?

Fiserv Inc (FISV) has an earnings quality ratio of 1.74x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Fiserv Inc cover its interest payments?

Fiserv Inc (FISV) has an interest coverage ratio of 3.8x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Fiserv Inc?

Fiserv Inc (FISV) scores 56 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.