Earnings Releases·Nov 3, 2026, 8:11 AM ET

Fiserv, Inc. — Third Quarter 2026 Earnings Summary

GAAP revenue declined 1% year-over-year to $5.20 billion in Q3 2026, while adjusted revenue remained flat at $4.85 billion; adjusted EPS was $1.75, though GAAP loss per share reached $(11.17) due to a $6.45 billion non-cash goodwill impairment charge.
The company reaffirmed full-year 2026 guidance for organic revenue growth of (1%) to 0% and adjusted EPS of $7.20 to $7.40, with management expecting revenue acceleration in Q4 and raising Project Elevate savings targets to $1 billion.
Strategic updates include the completion of the student loan servicing business sale and the formation of the MoneyPass Group joint venture, alongside the resumption of share repurchases with an expectation to buy back $500 million in Q4 2026.
Operational highlights include a 25% year-to-date reduction in banking net attrition, momentum in the modern merchant platform, and the execution of an "AI-everywhere" strategy to simplify the organization.