Fiserv Reports Third Quarter 2025 Results with Strategic Initiatives

Brookfield, Wisconsin – Fiserv, Inc., a global leader in payments and financial services technology, announced its financial results for the third quarter of 2025. The company reported growth in revenue and notable changes in earnings per share (EPS), along with strategic plans aimed at improving client service and operational efficiency.

For the third quarter, Fiserv recorded a 1% increase in GAAP revenue, totaling $5.26 billion, compared to the same time frame last year. Year-to-date GAAP revenue also rose by 5%, reaching $15.91 billion. The company’s GAAP earnings per share showed a substantial increase of 49% during this quarter, rising to $1.46. Year-to-date, EPS is up 29% at $4.83. However, adjusted EPS decreased by 11% in the quarter to $2.04 but increased by 6% year-to-date to $6.65.

The Merchant Solutions segment posted a 5% growth in GAAP revenue for the quarter, while the Financial Solutions segment saw a 3% decline. Year-to-date figures showed that the Merchant Solutions segment grew by 7%, while Financial Solutions increased by 3%. The GAAP operating margin for the quarter was reported at 27.3%, with an increase to 28.5% year-to-date. The Merchant Solutions segment’s operating margin was particularly strong at 37.2% for the quarter.

Fiserv has introduced the “One Fiserv” action plan, which focuses on improving client service, technology solutions, and innovation. In the third quarter, the company repurchased 7.2 million shares of common stock for $1.0 billion and a total of 29.1 million shares year-to-date for $5.4 billion. Fiserv also completed a public offering for $2.0 billion in senior notes and established a new revolving credit facility, increasing its borrowing capacity to $8.0 billion.

Recent acquisitions included CardFree, Inc., and the Smith Consulting Group, LLC. Fiserv has a definitive agreement to acquire StoneCastle Cash Management, expected to finalize in early 2026. Additionally, the company expanded its Clover® platform by acquiring a portion of The Toronto-Dominion Bank’s merchant processing business in Canada.

Mike Lyons, CEO of Fiserv, remarked, “Our current performance is not where we want it to be nor where our stakeholders expect it to be. With the actions being announced today, Fiserv will be better positioned to drive sustainable, high-quality growth and reach our full potential.”

Looking ahead, Fiserv anticipates organic revenue growth of 3.5% to 4% and adjusted earnings per share of $8.50 to $8.60 for the full year 2025. The company also announced leadership team updates and board of director appointments, set to take effect in late 2025 and early 2026.