FI · News · 20261103N

Revenue Performance and Mix

FI · 2026-11-03 · Importance 25 · Surprise 32 · From source text

Fiserv’s third-quarter 2026 GAAP revenue declined 1% year over year to $5.20 billion from $5.26 billion, while adjusted revenue fell to $4.85 billion from $4.92 billion. Organic revenue was flat; Merchant Solutions organic revenue fell 2%, partly offset by 2% growth in Financial Solutions. Clover processing revenue increased 12% year over year, and divestitures of student loan servicing and managed ATM were a roughly 100-basis-point headwind to adjusted revenue. The $344 million difference between GAAP and adjusted revenue reflected postage reimbursements.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuenegativerealized-1.4%Fiserv's adjusted revenues were $4.85 billion, compared with $4.92 billion a year earlier; the difference reflected $344 million in…
revenuenegativerealized-1.1%Fiserv's GAAP revenues declined 1% year over year to $5.20 billion from $5.26 billion.