Filing Flows › Fiserv (FISV) › Q3 2026 › vs Q2 2026
Fiserv (FISV) Q3 2026 vs Q2 2026 (quarter over quarter)
Fiserv's revenue fell $96.0M (-2%) from $5.3B in Q2 2026 to $5.2B in Q3 2026. The biggest changes: Processing and services revenue −$61.0M (-1%); Product revenue −$35.0M (-4%).
Fiserv, Q3 2026: revenue $5.2B (-1% year over year), operating margin -105.7%, net loss $5.9B, operating cash flow $1.0B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 10.2% | 18.6% | -8.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Processing and services revenue | $4.2B | $4.3B | −$61.0M | -1% |
| Product revenue | $965M | $1.0B | −$35.0M | -4% |
| Revenue | $5.2B | $5.3B | −$96.0M | -2% |
| Net loss | $5.9B | −$630M | $6.6B | — |
| Costs & expenses | $11.1B | $5.3B | $5.8B | +110% |
| Operating costs | $10.7B | $4.3B | $6.4B | +150% |
| Interest & other, net | $308M | $229M | $79.0M | +34% |
| Income tax | $137M | $156M | −$19.0M | -12% |
| SG&A | $1.9B | $1.9B | $13.0M | +0.7% |
| Other operating costs | $8.8B | $2.4B | $6.4B | +268% |
| Operating cash sources | $7.0B | $853M | $6.1B | +715% |
| Share-based compensation | $110M | $117M | −$7.0M | -6% |
| Working capital & other | $6.8B | $736M | $6.1B | +829% |
| Net loss absorbed | $5.9B | −$630M | $6.6B | — |
| Operating cash flow | $1.0B | $1.5B | −$471M | -32% |
| Free cash flow (OCF − capex) | $530M | $985M | −$455M | -46% |
| Capital expenditures | $482M | $498M | −$16.0M | -3% |
Questions
How much did Fiserv's revenue grow quarter over quarter in Q3 2026?
Fiserv's revenue fell $96.0M (-2%) from $5.3B in Q2 2026 to $5.2B in Q3 2026.
What drove Fiserv's revenue change in Q3 2026?
Processing and services revenue −$61.0M (-1%); Product revenue −$35.0M (-4%).