Fiserv reported third‑quarter 2025 results with adjusted earnings per share of $2.04, a 22% miss versus the $2.64 consensus estimate, and revenue of $5.26 billion, up 1% year‑over‑year. GAAP revenue was $5.26 billion while adjusted revenue was $4.92 billion, both below analyst expectations. Segment performance showed a 3% decline in the Financial Solutions unit, a 7% decline in the Processing business, 5% growth in Merchant Solutions, and a 5% decline in Digital Payments.
The company lowered its full‑year guidance, reducing organic revenue growth to 3.5%‑4% from a prior forecast of about 10%, and adjusted EPS guidance to $8.50‑$8.60 from $10.15‑$10.30, a 15‑17% cut. The guidance revision reflects slowing cyclical growth in Argentina, the impact of deferred investments, and broader market softness in fintech.
Leadership changes include Mike Lyons as chief executive officer, Paul Todd as chief financial officer effective October 31, 2025, and Takis Georgakopoulos and Dhivya Suryadevara as co‑presidents effective December 1, 2025. The board added Gordon Nixon as non‑executive chairman, Céline Dufétel, and Gary Shedlin. The company also announced its “One Fiserv” action plan, built around five pillars: a client‑first mindset, a small‑business platform through Clover, innovative platform development, AI‑enabled operational excellence, and disciplined capital allocation. Fiserv will transition its stock listing from the NYSE to Nasdaq effective November 11, 2025.
Fiserv’s debt load stands at $25.6 billion, a legacy of acquisitions in 2019, raising refinancing concerns. Despite overall challenges, the Clover unit remains a bright spot, with continued investment and growth expectations, and the company is pursuing strategic partnerships such as a Clover launch in Japan, an agreement with Nubank, a healthcare deal, and a U.S. Treasury Department prepaid card win. The broader fintech environment remains tough, with many firms reporting slower growth and rising costs due to normalized transaction volumes and a cautious investment climate.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.