Q1 25 EPS
$2.14
BEAT +2.88%
Est. $2.08
Q1 25 Revenue
$5.13B
Did FISV Beat Earnings? Q1 2025 Results
Fiserv opened 2025 on firm footing, posting first-quarter adjusted earnings per share of $2.14, ahead of the $2.08 consensus estimate by 2.88%, while GAAP revenue climbed 5.1% year-over-year to $5.13 billion. The stronger-than-expected result was und… Read more Fiserv opened 2025 on firm footing, posting first-quarter adjusted earnings per share of $2.14, ahead of the $2.08 consensus estimate by 2.88%, while GAAP revenue climbed 5.1% year-over-year to $5.13 billion. The stronger-than-expected result was underpinned by broad-based segment momentum, with organic revenue rising 7% overall as Merchant Solutions delivered 8% organic growth and Financial Solutions contributed 6%, reflecting the continued scaling of Fiserv's payments infrastructure across merchant and banking clients. Margin discipline added to the story, with adjusted operating margin expanding 200 basis points to 37.8%. The company's Clover platform, which processed $296 billion in gross payment volume during the quarter, is being extended into the restaurant vertical with a forthcoming hospitality product, signaling continued investment in small-business growth. Looking ahead, management affirmed its full-year 2025 guidance for organic revenue growth of 10% to 12% and adjusted EPS of $10.10 to $10.30, representing 15% to 17% growth, with acceleration expected in the back half of the year.
Key Takeaways
- • Organic revenue growth of 7%, led by 8% growth in Merchant Solutions and 6% in Financial Solutions
- • Adjusted operating margin expanded 200 basis points to 37.8%
- • Financial Solutions operating margin expanded 340 basis points to 47.5%
- • Adjusted EPS increased 14% to $2.14, exceeding expectations
- • Large client wins across the business
FISV YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
FISV Revenue by Segment
With YoY comparisons, source: SEC Filings
“First quarter adjusted earnings per share results exceeded expectations, and demonstrate once again, the resilience, consistency and sustainable growth of the Fiserv franchise. The construction of the company is what makes Fiserv differentiated, successful and future-proofed, with two market-leading segments — Merchant and Financial Solutions — that are naturally positioned to serve business and financial institution clients as they are increasingly interconnected.”
— Frank Bisignano, Q1 2025 Earnings Press Release
FISV Earnings Trends
FISV vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
FISV EPS Trend
Earnings per share: estimate vs actual
FISV Revenue Trend
Quarterly revenue: estimate vs actual
FISV Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | — | — | — | — |
| Q4 25 BEAT FY | $1.91 | $1.99 | +4.19% | $5.28B | +32.59% |
| FY Full Year | $8.60 | $8.64 | +0.50% | $21.19B | +6.53% |
| Q2 25 BEAT | $2.43 | $2.47 | +1.65% | $5.52B | — |
| Q1 25 BEAT | $2.08 | $2.14 | +2.88% | $5.13B | — |
| Q4 24 BEAT FY | $2.48 | $2.51 | +1.21% | $5.25B | — |
| FY Full Year | — | $8.80 | — | $20.46B | — |