Fiserv, Inc. (FISV) Income Statement
FISV 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFISV revenue and net income
Where FISV's revenue goes
2025Each bar shows an amount and its share of revenue. FISV kept 16.4% of revenue as net income.
FISV profit margins
FISV growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.6% | +6.1% | +7.4% | +15.0% |
| Gross profit | +1.1% | +8.9% | +12.3% | +18.3% |
| Operating income | −3.1% | +15.1% | +25.2% | +15.8% |
| Net income | +11.1% | +11.2% | +29.4% | +17.2% |
| EPS (diluted) | −2.0% | +10.0% | +14.3% | +16.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FISV quarterly EPS vs estimates
Fiserv beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 3, 2026 (estimate $1.72).
FISV income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.19B | $20.46B | $19.09B | $17.74B | $16.23B | $14.85B | $10.19B | $5.82B | $5.70B | $5.50B |
| Cost of revenue | $8.61B | $8.01B | $7.67B | $7.99B | $8.13B | $7.81B | $5.31B | $3.07B | $3.02B | $2.96B |
| Gross profit | $12.58B | $12.44B | $11.42B | $9.74B | $8.10B | $7.04B | $4.88B | $2.75B | $2.67B | $2.55B |
| Sales, general & admin | $6.88B | $6.56B | $6.58B | $6.06B | $5.81B | — | — | — | — | — |
| Total operating expenses | $6.88B | $6.56B | $6.41B | $6.00B | $5.81B | $5.19B | $3.27B | $1.00B | $1.14B | $1.10B |
| Operating income | $5.70B | $5.88B | $5.01B | $3.74B | $2.29B | $1.85B | $1.61B | $1.75B | $1.53B | $1.45B |
| Interest income | $38.0M | $43.0M | $28.0M | $13.0M | $3.0M | — | — | — | — | — |
| Interest expense | $1.53B | $1.24B | $1.00B | $746.0M | $696.0M | $716.0M | $507.0M | $189.0M | $175.0M | $163.0M |
| Income before taxes | $4.30B | $3.82B | $3.88B | $3.13B | $1.77B | $1.17B | $1.11B | $1.56B | $1.39B | $1.42B |
| Income taxes | $811.0M | $641.0M | $754.0M | $551.0M | $363.0M | $196.0M | $198.0M | $378.0M | $158.0M | $492.0M |
| Net income | $3.48B | $3.13B | $3.07B | $2.53B | $1.33B | $958.0M | $893.0M | $1.19B | $1.25B | $930.0M |
| EBITDA | $8.96B | $8.84B | $8.02B | $6.83B | $5.56B | $5.10B | $3.24B | $2.29B | $1.96B | $1.86B |
| EPS (diluted) | $8.64 | $8.82 | $7.54 | $6.50 | $5.58 | $4.42 | $3.81 | $3.10 | $2.58 | $2.22 |
| Gross margin | 59.4% | 60.8% | 59.8% | 54.9% | 49.9% | 47.4% | 47.9% | 47.3% | 46.9% | 46.2% |
| Operating margin | 26.9% | 28.7% | 26.3% | 21.1% | 14.1% | 12.5% | 15.8% | 30.1% | 26.9% | 26.2% |
| Net margin | 16.4% | 15.3% | 16.1% | 14.3% | 8.2% | 6.5% | 8.8% | 20.4% | 21.9% | 16.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.29B | $5.03B | $5.28B | $5.26B | $5.52B | $5.13B | $5.25B | $5.21B | $5.11B | $4.88B | $4.92B | $4.87B |
| Cost of revenue | $4.28B | $2.30B | $2.27B | $2.17B | $2.11B | $2.07B | $2.02B | $2.01B | $1.98B | $2.00B | $1.84B | $1.89B |
| Gross profit | $1.01B | $2.72B | $3.02B | $3.10B | $3.41B | $3.06B | $3.23B | $3.21B | $3.12B | $2.88B | $3.08B | $2.98B |
| Sales, general & admin | $1.89B | $1.89B | $1.73B | $1.76B | $1.71B | $1.68B | $1.56B | $1.61B | — | — | — | — |
| Total operating expenses | $4.28B | $1.89B | $1.84B | $1.66B | $1.71B | $1.66B | $1.56B | $1.61B | $1.70B | $1.70B | $1.63B | $1.48B |
| Operating income | $1.01B | $838.0M | $1.17B | $1.44B | $1.70B | $1.40B | $1.67B | $1.60B | $1.43B | $1.18B | $1.45B | $1.50B |
| Interest income | $6.0M | $14.0M | $9.0M | $10.0M | $11.0M | $8.0M | $11.0M | $13.0M | — | — | — | — |
| Interest expense | $370.0M | $361.0M | $375.0M | $422.0M | $376.0M | $339.0M | $334.0M | $339.0M | $294.0M | $271.0M | $289.0M | $268.0M |
| Income before taxes | $775.0M | $597.0M | $1.01B | $972.0M | $1.28B | $1.04B | $1.14B | $645.0M | $1.13B | $905.0M | $1.10B | $1.21B |
| Income taxes | $145.0M | $24.0M | $202.0M | $173.0M | $246.0M | $190.0M | $193.0M | $74.0M | $221.0M | $153.0M | $210.0M | $239.0M |
| Net income | $627.0M | $571.0M | $811.0M | $792.0M | $1.03B | $851.0M | $938.0M | $564.0M | $894.0M | $735.0M | $870.0M | $952.0M |
| EBITDA | $2.00B | $1.07B | $2.19B | $2.18B | $2.48B | $2.15B | $2.28B | $2.39B | $2.22B | $1.96B | $2.16B | $2.25B |
| EPS (diluted) | $1.84 | $1.79 | $1.99 | $2.04 | $2.47 | $2.14 | $2.51 | $2.30 | $2.13 | $1.88 | $2.19 | $1.96 |
| Gross margin | 19.2% | 54.2% | 57.1% | 58.9% | 61.8% | 59.6% | 61.6% | 61.5% | 61.2% | 58.9% | 62.5% | 61.1% |
| Operating margin | 19.2% | 16.7% | 22.2% | 27.3% | 30.7% | 27.2% | 31.8% | 30.7% | 28.0% | 24.2% | 29.4% | 30.8% |
| Net margin | 11.8% | 11.4% | 15.3% | 15.0% | 18.6% | 16.6% | 17.9% | 10.8% | 17.5% | 15.1% | 17.7% | 19.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FISV's financial statements (latest annual report filed February 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FISV financial results
In fiscal year 2025 (ended December 31, 2025), Fiserv reported revenue of $21.2 billion, up 3.6% from the year before. It had net income of $3.5 billion (up 11.1%), a net profit margin of 16.4%. Diluted earnings per share came to $8.64. Over five years revenue grew at an average rate of 7.4% a year.
See the FISV stock overview for the latest quote and news, or the FISV chart for price history and technical indicators.
FISV income statement FAQ
What is Fiserv's annual revenue?
Fiserv reported total revenue of $21.2 billion for fiscal year 2025, which ended on December 31, 2025. That was up 3.6% from $20.5 billion the previous year.
Is Fiserv profitable?
Yes. Fiserv reported net income of $3.5 billion in fiscal 2025, a net profit margin of 16.4%; its operating margin was 26.9%.
What is Fiserv's gross margin?
Fiserv's gross margin was 59.4% in fiscal 2025: for every $100 of revenue, Fiserv kept $59 after the direct cost of its products and services.
How fast is Fiserv growing?
Revenue grew 7.4% a year on average over the last five fiscal years, from $14.9 billion to $21.2 billion.
What are Fiserv's earnings per share?
Fiserv earned $8.64 per diluted share in fiscal 2025, compared with $8.82 a year earlier.
When will Fiserv report its next earnings?
Fiserv is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 before the market opens.
When does Fiserv's fiscal year end?
Fiserv's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 19, 2026.