Fiserv Inc

Company facts

Industry

Services-Business Services, NEC

Headquarters

Milwaukee, Wisconsin

Most recent report

10-Q, filed Aug 7, 2026

Incorporated

Wisconsin

Filings on record

1,003+ filings

On EDGAR

CIK 798354

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 3 of 10 sections worth reading, with 0 positive, 10 notable, and 9 negative flags.

• Financial Statements (Item 1)

  Core financials with revenue declines, litigation, and goodwill risk.
  Notable

  • Recorded $83M gain from sale-leaseback of facilities in H1 2026.
  • Student loan servicing business classified as held for sale; expected to close in Q3 2026.
  • Issued €1.0B of senior notes in June 2026; used proceeds to retire higher-cost debt.
  • Effective tax rate fell to 13.2% for six months from 18.6%, due to $293M benefit.
  Negative

  • Eight reporting units with $18.5B goodwill had fair value less than 15% above carrying value at Dec 2025.
  • Amended securities class action, derivative suits, and SEC/DOJ investigations disclosed.

• Management's Discussion (Item 2)

  Revenue -4%, op income -40%, net income -39% in Q2 2026 vs Q2 2025. Transformation costs $329M YTD.
  Notable

  • Agreed to sell student loan servicing business in May 2026, expected close Q3 2026.
  • Formed MoneyPass joint venture in August 2026 with 49% ownership, after period end.
  • Pre-tax gain of $154M from retiring $1.3B of senior notes via tender in June 2026.
  • Tax benefit of $293M from releasing valuation allowance against foreign NOLs in Q1 2026.
  • Issued €1.0B of senior notes in June 2026; proceeds used to buy back older notes.
  Negative

  • Revenue down 4% in Q2 2026 to $5,292M from $5,516M in Q2 2025.
  • Operating income down 40% to $1,015M from $1,696M in Q2 2025.
  • Operating margin dropped to 19.2% in Q2 2026 from 30.7% in Q2 2025.
  • One Fiserv transformation costs were $187M in Q2 and $329M YTD June 2026.
  • Argentina foreign currency loss of $30M in Q2 2026 due to highly inflationary economy.
  • Operating cash flow down 10% to $2.1B for H1 2026 from $2.3B.
  • Share repurchases collapsed to $100M in Q2 2026 from $2.2B in Q2 2025.

• Market Risk (Item 3)

  Company-specific Argentine Peso loss figures with period comparisons.
  Notable

  • Argentine Peso devaluation caused $30M loss in Q2 2026, improved from $46M in Q2 2025.

What changed: Jun 2026 vs. Mar 2026

About 11% of FISV's Jun 2026 10-Q is new information. 42 paragraphs were added, 145 changed, and 33 removed. Below are the most important lines SECSift identified.

• Item 1 78
• Item 2 62
• Item 6 4
• Item 3 2
• Item 4 2
• Item 5 1