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FISV

Fiserv

FinancialsBusiness ServicesS&P 500
Ticker FISVMILWAUKEE, WIFiscal year ends DecemberBook value per share $50.33Diluted shares 534.5M

Fiserv, Inc. (Nasdaq: FISV) provides payments and financial services technology to merchants, banks, credit unions, financial institutions, corporate clients and public-sector organizations worldwide. Its services include merchant acquiring and payment processing, e-commerce, card issuing and network services, bank… From the company’s description.

In fiscal 2025, Fiserv reported revenue of $21.19B, up 3.6% from fiscal 2024, and net income of $3.49B. Its operating margin was 27.5%, and operations generated $6.06B in cash. Over the twelve months to Jun 30, 2026, revenue was $20.87B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$21.19BFY2025
+3.6% year over year
Last 12 mo $20.87B
27.45%FY2025
−1.3 percentage points
Last 12 mo 22.33%
$3.49BFY2025
+9.7% year over year
Last 12 mo $2.81B
13.49%FY2025
+1.9 percentage points
Last 12 mo 10.41%
Cash & financing
$6.06BFY2025
−8.6% year over year
Last 12 mo $5.83B
$4.30BFY2025
−15.1% year over year
Last 12 mo $3.93B
1.12FY2025
Was 0.92× a year earlier
Last 12 mo 1.04
549.0MFY2025
−5.7% year over year
Last 12 mo 534.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Fiserv does

In the company’s own words

Fiserv, Inc. (Nasdaq: FISV) provides payments and financial services technology to merchants, banks, credit unions, financial institutions, corporate clients and public-sector organizations worldwide. Its services include merchant acquiring and payment processing, e-commerce, card issuing and network services, bank account processing, digital banking, electronic bill payment and money transfers. Fiserv reports two segments: Merchant Solutions, which serves businesses of all sizes with payment acceptance, commerce and point-of-sale tools, and Financial Solutions, which provides payment, card and banking technology to financial institutions and other clients. Clover, its cloud-based point-of-sale and business management platform, serves small businesses with payment acceptance and tools for managing orders, staff and operations. Other brands and platforms include Accel, STAR and MoneyPass debit networks, CheckFree RXP bill payment, and DNA, Finxact and Experience Digital banking products. In fiscal 2025, Fiserv generated $21.2 billion in revenue and employed more than 38,000 people worldwide. Its website is www.fiserv.com.

Company details
Sector
Financials
Industry (SIC)
Business Services
Headquarters
MILWAUKEE, WI
Fiscal year end
December
CIK
798354
SIC
7389

Financial performance, year by year

Fiscal 2013–2025 · USD
$-2.12B$4.24B$10.60B$16.95B$23.31B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Fiserv — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

728
funds hold it
2 of 35
superinvestors hold it
$11.88B
held by funds, at market
42.8%
of shares held by funds
32
bond issues held by funds

Superinvestors in Fiserv · what they did last quarter

Bill NygrenINCREASED +12.5%
Harris Associates (Oakmark)
1.4%of 13F portfolio
Mark HillmanDECREASED -2.8%
Hillman Capital Management
2.8%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Fiserv’s weight in each

Dodge & Cox Stock Fund
DODGX · Dodge & Cox Funds
1.32%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD WINDSOR II FUND
VWNFX · VANGUARD WINDSOR FUNDS
—of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.23%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fiserv’s bonds, as funds hold them

Funds report holding 32 issues of Fiserv’s debt, $3.71B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.46%, maturing 2026 to 2049.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Fiserv and its peers compare on margins and cash generation over ten years?”
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