Filing Flows › Fiserv (FISV) › Q3 2025
Fiserv (FISV) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Fiserv (FISV) reported revenue of $5.3B for the third quarter 2025 (Q3 2025), +0.9% from a year earlier and -5% from the quarter before. Operating margin was 27.3%, net earnings $792M (15.0% of revenue).
Fiserv, Q3 2025: revenue $5.3B (+0.9% year over year), operating margin 27.3%, net earnings $792M, operating cash flow $1.8B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.3B | -5% | +0.9% |
| Operating profit | $1.4B | -15% | -10% |
| Net earnings | $792M | -23% | +40% |
| Operating cash flow | $1.8B | +8% | -19% |
| Free cash flow | $1.3B | +9% | -29% |
What changed
Revenue was $5.3B in Q3 2025, up 1% year over year and down 5% from the previous quarter. Processing and services revenue was the largest line at 81% of revenue. Processing and services revenue added $0.04B year over year (up 1%), 75% of the total change.
Operating profit was $1.4B, a 27.3% margin (down 3.4 points year over year). Operating profit fell $0.17B even though revenue rose $0.05B versus a year earlier, so costs grew faster than sales. Total costs grew 6% against revenue growth of 1%. Net earnings were $0.79B, up 40% year over year. The effective tax rate was 17.8%.
Operating cash flow was $1.8B (down 19% year over year), 226% of net earnings. Non-cash charges added back $0.09B of share-based compensation. Working capital and other items added $0.92B. Capital expenditures of $0.51B left free cash flow of $1.3B.
Questions
What was Fiserv's revenue in the third quarter 2025?
Fiserv (FISV) reported revenue of $5.3B for the third quarter 2025 (Q3 2025), +0.9% from a year earlier and -5% from the quarter before.
Was Fiserv profitable in the third quarter 2025?
Operating profit was $1.4B (27.3% of revenue) and net earnings $792M.
Source: Fiserv 10-Q on SEC EDGAR.