Fiserv Q2 adjusted revenue falls 4%, misses estimates

Fiserv

06/08/2026 12:11

Overview
US payments technology firm's Q2 adjusted revenue fell 4%, missing analyst expectations
Adjusted EPS for Q2 decreased 26% and missed analyst expectations
Company repurchased $100 mln in shares during the quarter

Outlook
Fiserv now expects 2026 organic revenue growth of (1%) to 0%
Company sees 2026 adjusted EPS between $7.20 and $7.40
Fiserv says growth in volumes and recurring revenue support business performance

Result Drivers
SEGMENT DECLINES - Organic revenue fell 5% in Q2, with a 1% decline in Merchant Solutions and 8% decline in Financial Solutions
TRANSFORMATION EXPENSES - GAAP earnings and margins were impacted by transformation-related expenses from One Fiserv action plan

Company press release: ID:nGNX36ywST

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$5.29 bln
 
Q2 Adjusted Revenue
Miss
$4.96 bln
$5.04 bln (24 Analysts)
Q2 Adjusted EPS
Miss
$1.84
$1.91 (30 Analysts)
Q2 EPS
 
$1.17
 
Q2 Net Income
 
$630 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 26 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for Fiserv Inc is $64.00, about 18.3% above its August 5 closing price of $54.11
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 7 three months ago

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Aug 5 - Block lifts 2026 profit forecast on Cash App growth, margin gains

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)