Filing Flows › Fiserv (FISV) › Q1 2026
Fiserv (FISV) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Fiserv (FISV) reported revenue of $5.0B for the first quarter 2026 (Q1 2026), -2% from a year earlier and -5% from the quarter before. Operating margin was 18.3%, net earnings $573M (11.4% of revenue).
Fiserv, Q1 2026: revenue $5.0B (-2% year over year), operating margin 18.3%, net earnings $573M, operating cash flow $599M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.0B | -5% | -2% |
| Operating profit | $918M | -29% | -34% |
| Net earnings | $573M | -30% | -32% |
| Operating cash flow | $599M | -69% | -8% |
| Free cash flow | $259M | — | -30% |
What changed
Revenue was $5.0B in Q1 2026, down 2% year over year and down 5% from the previous quarter. Processing and services revenue was the largest line at 81% of revenue. Product revenue lost $0.13B year over year (down 12%), 124% of the total change.
Operating profit was $0.92B, a 18.3% margin (down 8.9 points year over year). Total costs grew 10% against a revenue fall of 2%. The fastest-growing cost line was SG&A (+12%). Net earnings were $0.57B, down 33% year over year. The effective tax rate was 4.0%.
Operating cash flow was $0.60B (down 8% year over year), 105% of net earnings. Non-cash charges added back $0.12B of share-based compensation. Working capital and other items used $0.09B. After capital expenditures, net ($0.31B) and tax payments on adjustments ($0.03B), free cash flow as the company reports it was $0.26B.
Questions
What was Fiserv's revenue in the first quarter 2026?
Fiserv (FISV) reported revenue of $5.0B for the first quarter 2026 (Q1 2026), -2% from a year earlier and -5% from the quarter before.
Was Fiserv profitable in the first quarter 2026?
Operating profit was $918M (18.3% of revenue) and net earnings $573M.
Source: Fiserv 10-Q on SEC EDGAR.