Snapshot
Fiserv Inc reported $5.28B of revenue in Q4 2025, up 0.6% year over year, with diluted EPS of $1.51 and an operating margin of 24.4%.
- Revenue
- $5.28B
- YoY growth
- +0.6%
- Diluted EPS
- $1.51
- Operating margin
- 24.4%
$5.28B
Revenue
+0.6%
YoY growth
$1.51
Diluted EPS
24.4%
Operating margin
01 Key takeaways
What management said
- •Our earnings release and supplemental materials for the quarter are available on the Investor Relations section of Fiserv.com.
- •You should refer to our earnings release for a discussion of these risk factors.
- •Over time, we expect this shift to enhance client satisfaction and ultimately drive sustainable growth in average revenue per customer, which has been a hallmark of Fiserv.
- •On Optis, we signed a multi-year extension with our client, Atlanticus, a leading issuer, which includes converting the accounts they recently added with their Mercury Financial acquisition to Fiserv.
- •In December, we integrated CashFlow Central, our transformative AR/AP product, directly into RUN Powered by ADP, allowing small businesses to manage their cash flow more effectively.
- •Canada grew strongly in 2025 and should further accelerate as we ramp up our new strategic relationship with TD.
- •I will cover details on total company and segment performance in the fourth quarter and full year and then review our guidance for 2026.
- •Beginning on slide six, total company Q4 adjusted revenue of $4.9 billion was flat, and adjusted operating income was $1.7 billion, resulting in adjusted operating margin of 34.9%.
- •Turning to slide seven, Merchant Solutions grew 6% organically for the year, while Financial Solutions grew 2%.
- •Fourth quarter adjusted earnings per share was $1.99, resulting in annual adjusted earnings per share of $8.64, above our guidance range of $8.50-$8.60.
- •Free cash flow for the quarter was $1.6 billion and $4.44 billion for the year, ahead of our guidance of $4.25 billion, representing approximately 93% conversion.
- •Now I will turn to the performance by segment for Q4 starting on slide eight on Merchant Solutions.
SourcesCompany financials · earnings call
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