Financial technology provider Fiserv (NASDAQ: FISV) announced better-than-expected revenue in Q3 2026, with revenue up 5.6% year on year to $5.20 billion. Its non-GAAP profit of $1.75 per share was 2.2% above analysts’ consensus estimates.
For more on Fiserv, read our free full research report.
Fiserv (FISV) Q3 2026 highlights:
- Organic revenue was flat year on year
- Revenue $5.20 billion vs S&P analysts’ consensus estimates of $4.85 billion (5.6% year-on-year growth, 7.1% beat)
- Pre-tax profit -$5.80 billion (-112% margin)
- Adjusted EPS $1.75 vs S&P analysts’ consensus estimates of $1.71 (2.2% beat)
- Adjusted EPS guidance Management reiterated its full-year adjusted EPS guidance of $7.30 at the midpoint
- Market capitalization $27.61 billion
Revenue growth
Examining a company’s long-term performance can provide clues about its quality. Any business can deliver a good quarter or two, but the best consistently grow over the long haul. Fiserv’s revenue grew at a tepid 5.6% annualized rate over the last five years, falling short of the financials sector standard.
Long-term growth matters most, but within financials, a half-decade historical view may miss recent interest rate changes, market returns and industry trends. Fiserv’s recent performance shows its demand has slowed as its annualized revenue growth of 2.4% over the last two years was below its five-year trend. Decelerating revenue growth in the sector warrants caution, as it could signal changing consumer tastes aided by low switching costs. 
Note: Quarters not shown were determined to be outliers because they were impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business.
Organic revenue helps clarify the company’s revenue dynamics because it strips out one-time events like acquisitions and currency fluctuations that don’t accurately reflect its fundamentals. Over the last three years, Fiserv’s organic revenue averaged 7.5% year-on-year growth. It also grew on a two-year basis, but at a slower pace of 3.8%. This shorter-term rate aligns with its two-year revenue growth, indicating that the company’s core operations, not acquisitions and divestitures, drove most of its results. 
This quarter, Fiserv reported year-on-year revenue growth of 5.6%, and its $5.20 billion of revenue exceeded Wall Street’s consensus estimates by 7.1%.
Key takeaways from Fiserv’s Q3 results
Fiserv’s revenue beat analysts’ consensus estimates, and its full-year EPS guidance came in slightly above Wall Street’s consensus. Those results made for a solid quarter, with key metrics ahead of expectations. Shares soared 11.4% to $57.03 immediately after the release.
Fiserv reported solid earnings, but one quarter doesn’t necessarily make the stock a buy. Assessing whether it is a good investment requires considering its valuation, business quality and latest quarterly results. For more on Fiserv, read our full research report here (it’s free).
