Quarterly ResultMay 5, 2026, 07:04 AM
Fiserv Q1 GAAP Revenue -2%, EPS -29%; Affirms 2026 Outlook
AI Summary
Fiserv, Inc. reported its first quarter 2026 financial results, showing declines in both GAAP and adjusted metrics. GAAP revenue decreased 2% to $5.03 billion, and GAAP EPS fell 29% to $1.07. Adjusted revenue was down 2% to $4.68 billion, with organic revenue decreasing 4%, and adjusted EPS declined 16% to $1.79. Despite the Q1 performance, the company affirmed its full-year 2026 organic revenue growth outlook of 1% to 3% and adjusted EPS outlook of $8.00 to $8.30.
Key Highlights
- GAAP revenue was $5.03 billion, a 2% decrease from Q1 2025.
- Organic revenue decreased 4% in the first quarter of 2026.
- GAAP diluted EPS was $1.07, a 29% decrease from Q1 2025.
- Adjusted diluted EPS was $1.79, a 16% decrease from Q1 2025.
- Merchant Solutions segment GAAP revenue was flat; Financial Solutions segment GAAP revenue decreased 5%.
- Net cash provided by operating activities was $599 million, down from $648 million.
- The company repurchased 3.3 million shares for $200 million in Q1 2026.
- Affirmed 2026 organic revenue growth outlook of 1% to 3% and adjusted EPS of $8.00 to $8.30.