Fiserv, Inc. (FISV) Stock Research

Fiserv provides payment processing and financial technology, including the Clover merchant platform.

For the fiscal year ended December 31, 2025, Fiserv, Inc. reported revenue of $21.2B and net income of $3.5B, with operating cash flow of $6.1B. Source: Form 10-K filed February 19, 2026

SEC data as of

Revenue
$21.2B
FY ending 2025-12-31
Net income
$3.5B
FY ending 2025-12-31
Diluted EPS
$6.34
Net margin
16.4%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Fiserv

Exchange
NASDAQ: FISV
Sector
Financials
SEC industry
Services-Business Services, NEC (SIC 7389)
Fiscal year end
December 31

FISV key financials

Reported figures from Fiserv, Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$21.2B2025-01-01 to 2025-12-31SEC filing
Net income$3.5B2025-01-01 to 2025-12-31SEC filing
Operating cash flow$6.1B2025-01-01 to 2025-12-31SEC filing
Diluted EPS$6.342025-01-01 to 2025-12-31SEC filing
Net margin16.4%2025-01-01 to 2025-12-31SEC filing
Shares outstanding535MAs of 2026-02-13SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in FISV

Fiserv, Inc. sits in Financials. Banks, insurers, asset managers, and exchanges: the plumbing of capital markets, geared directly to interest rates and credit. We have not yet written company-specific drivers for FISV; the forces that matter most for the sector are:

  • ◆The shape of the yield curve and net interest margins
  • ◆Credit quality and loan-loss provisions
  • ◆Regulation and capital requirements
  • ◆Deal activity and market volatility

Key questions for the FISV thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does FISV's reported profit turn into cash?

Operating cash flow was $6.1B, 1.74 times net income of $3.5B, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 19, 2026

How much of FISV's revenue is left as profit?

Net income was 16.4% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 19, 2026

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What members are reading this month

The thesis, the numbers behind it, and what would break it. Full access is $39 a month.

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Congressional trading in FISV

PoliticianTrade dateTypeOwnerAmountSource
Gilbert Cisneros2026-04-14SaleSelf$1,001 - $15,000Filing #20034500
Alan Armstrong2026-03-27PurchaseSelf$1,001 - $15,000Filing #fda235b3-bad7-4637-8fa1-053f354d929c
Gilbert Cisneros2026-03-13PurchaseSelf$1,001 - $15,000Filing #20034285
Gilbert Cisneros2026-02-10SaleSelf$1,001 - $15,000Filing #20034144
John Boozman2026-01-29SaleJoint$1,001 - $15,000Filing #bd886067-927f-48a8-9d43-8ab6fa713f98
Gilbert Cisneros2025-12-19PurchaseSelf$1,001 - $15,000Filing #20033762
John Boozman2025-11-21SaleJoint$1,001 - $15,000Filing #51455bcd-4966-4e77-b481-09897ada81ae
John Boozman2025-11-21SaleJoint$1,001 - $15,000Filing #3a779539-8451-49d2-8419-d3eb72c7922a
Gilbert Cisneros2025-11-18PurchaseSelf$1,001 - $15,000Filing #20033619
Gilbert Cisneros2025-11-12PurchaseSelf$1,001 - $15,000Filing #20033619

All verified FISV congressional disclosures

Congressional disclosures are delayed, range-based records, not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

FISV: frequently asked questions

What does Fiserv, Inc. do?

Fiserv provides payment processing and financial technology, including the Clover merchant platform.

What were FISV's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, Fiserv, Inc. reported revenue of $21.2B and net income of $3.5B, with operating cash flow of $6.1B. The figures come from Fiserv, Inc.'s SEC XBRL filings.

When does Fiserv, Inc.'s fiscal year end?

The SEC lists Fiserv, Inc.'s fiscal year end as December 31.

Do members of Congress trade FISV?

The current verified House and Senate snapshot contains 13 transaction rows for FISV, each linked to the original filing.

Is FISV a good investment?

This page does not rate FISV as a buy or sell. It sets out what Fiserv, Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the FISV numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

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