Filing Flows › Fiserv (FISV) › Q1 2025
Fiserv (FISV) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 25, 2025
Fiserv (FISV) reported revenue of $5.1B for the first quarter 2025 (Q1 2025), +5% from a year earlier and -2% from the quarter before. Operating margin was 27.2%, net earnings $851M (16.6% of revenue).
Fiserv, Q1 2025: revenue $5.1B (+5% year over year), operating margin 27.2%, net earnings $851M, operating cash flow $648M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1B | -2% | +5% |
| Operating profit | $1.4B | -16% | +18% |
| Net earnings | $851M | -9% | +16% |
| Operating cash flow | $648M | -71% | -22% |
| Free cash flow | $371M | — | — |
What changed
Revenue was $5.1B in Q1 2025, up 5% year over year and down 2% from the previous quarter. Processing and services revenue was the largest line at 79% of revenue. Product revenue added $0.20B year over year (up 23%), 82% of the total change.
Operating profit was $1.4B, a 27.2% margin (up 3.0 points year over year). Of the extra revenue versus a year earlier, 87% reached operating profit, above the 24% margin then. Total costs grew 1% against revenue growth of 5%. Net earnings were $0.85B, up 16% year over year. The effective tax rate was 18.3%.
Operating cash flow was $0.65B (down 22% year over year), 76% of net earnings. Non-cash charges added back $0.12B of share-based compensation. Working capital and other items used $0.32B. After capital expenditures, net ($0.27B) and tax payments on adjustments ($0.01B), free cash flow as the company reports it was $0.37B.
Questions
What was Fiserv's revenue in the first quarter 2025?
Fiserv (FISV) reported revenue of $5.1B for the first quarter 2025 (Q1 2025), +5% from a year earlier and -2% from the quarter before.
Was Fiserv profitable in the first quarter 2025?
Operating profit was $1.4B (27.2% of revenue) and net earnings $851M.
Source: Fiserv 10-Q on SEC EDGAR.