Fiserv reported FY 2025 revenue of USD 21.19 billion (+4%), including processing and services revenue of USD 16.88 billion (+1%) and product revenue of USD 4.31 billion (+13%). Operating income was USD 5.82 billion (-1%), with operating margin of 27.5% (down 120 basis points). Net income was USD 3.49 billion (+10%), and net income attributable to shareholders was USD 3.48 billion (+11%), with diluted EPS of USD 6.34 (vs. USD 5.38). Net cash provided by operating activities was USD 6.06 billion (-9%), while capital expenditures, including capitalized software and other intangibles, were USD 1.76 billion (+12%). Merchant segment revenue was USD 10.14 billion (+5%) and Financial segment revenue was USD 9.66 billion (+2%). During 2025, Fiserv launched its “One Fiserv” action plan, focused on client growth, Clover-led small business expansion, embedded finance and stablecoin initiatives, AI-enabled operational excellence, and disciplined capital allocation. The company completed multiple acquisitions during 2025 for an aggregate purchase price of USD 856 million (net of acquired cash), including StoneCastle, CardFree, CCV, and Payfare, and expanded Clover in Canada through the acquisition of a portion of TD’s merchant processing business alongside a multi-year managed services agreement. Fiserv also received a USD 453 million cash payment upon the April 1, 2025 expiration of the Wells Fargo Merchant Services joint venture and entered a multi-year processing agreement with Wells Fargo. In capital allocation, Fiserv repurchased USD 5.60 billion of shares in FY 2025 and ended the year with total long-term debt of USD 27.76 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fiserv Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000798354-26-000009), on February 19, 2026, and is solely responsible for the information contained therein.