Filing Flows › Fiserv (FISV) › Q2 2025
Fiserv (FISV) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 24, 2025
Fiserv (FISV) reported revenue of $5.5B for the second quarter 2025 (Q2 2025), +8% from a year earlier and +8% from the quarter before. Operating margin was 30.7%, net earnings $1.0B (18.6% of revenue).
Fiserv, Q2 2025: revenue $5.5B (+8% year over year), operating margin 30.7%, net earnings $1.0B, operating cash flow $1.7B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.5B | +8% | +8% |
| Operating profit | $1.7B | +22% | +19% |
| Net earnings | $1.0B | +21% | +15% |
| Operating cash flow | $1.7B | +157% | +24% |
| Free cash flow | $1.2B | +279% | +19% |
What changed
Revenue was $5.5B in Q2 2025, up 8% year over year and up 8% from the previous quarter. Processing and services revenue was the largest line at 78% of revenue. Product revenue added $0.24B year over year (up 25%), 60% of the total change.
Operating profit was $1.7B, a 30.7% margin (up 2.8 points year over year). Of the extra revenue versus a year earlier, 66% reached operating profit, above the 28% margin then. Total costs grew 4% against revenue growth of 8%. Net earnings were $1.0B, up 15% year over year. The effective tax rate was 19.3%.
Operating cash flow was $1.7B (up 24% year over year), 162% of net earnings. Non-cash charges added back $0.09B of share-based compensation. Working capital and other items added $0.54B. Capital expenditures of $0.48B left free cash flow of $1.2B.
Questions
What was Fiserv's revenue in the second quarter 2025?
Fiserv (FISV) reported revenue of $5.5B for the second quarter 2025 (Q2 2025), +8% from a year earlier and +8% from the quarter before.
Was Fiserv profitable in the second quarter 2025?
Operating profit was $1.7B (30.7% of revenue) and net earnings $1.0B.
Source: Fiserv 10-Q on SEC EDGAR.