Fiserv reported first quarter 2026 results that exceeded analyst expectations for revenue and EPS, though key metrics declined year-over-year. The company posted GAAP revenue of $5.03 billion, down 2% from the prior year, and adjusted EPS of $1.79, a 16% decrease. Fiserv reaffirmed its full-year 2026 guidance.
Key Highlights
- Organic revenue declined by 4% in the quarter, a significant metric driven by a 1% decrease in the Merchant Solutions segment and a 6% decrease in the Financial Solutions segment.
- Adjusted operating margin contracted significantly, falling to 29.7% from 37.8% in the first quarter of 2025, which was in line with analyst expectations for a margin trough.
- Fiserv reaffirmed its full-year 2026 outlook, continuing to expect organic revenue growth of 1% to 3% and adjusted EPS between $8.00 and $8.30.