Fiserv Inc

Company facts

Industry

Services-Business Services, NEC

Headquarters

Milwaukee, Wisconsin

Most recent report

10-Q, filed Nov 4, 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: Sep 2026 10-Q

SECSift found 3 of 10 sections worth reading, with 0 positive, 8 notable, and 5 negative flags.

• Financial Statements (Item 1)

  Massive $6.45B goodwill impairment, securities litigation, and debt restructuring dominate this quarter.
  Notable

  • Reporting unit with $1.8B goodwill has only ~10% fair value cushion; further impairment possible.
  • Sold 51% of MoneyPass Group for $102M cash; recognized $198M pre-tax gain; retained 49% stake.
  • Extended debt guarantee for Sagent through March 2030; $262M guarantee outstanding.
  • Derivative lawsuits filed by shareholders alleging breach of fiduciary duties related to securities litigation.
  Negative

  • $6.45B goodwill impairment in Q3 2026 after sustained share price drop; $6.45B total accumulated impairment.
  • Securities class action filed June 2026 alleging false statements on Clover growth and Argentina business.
  • SEC and DOJ investigations into 2025 earnings guidance; company cooperating.

• Management's Discussion (Item 2)

  Massive $6.45B goodwill impairment, revenue declines, and operating losses dominate this section.
  Notable

  • Sold student loan servicing business for $85M net consideration, recording a $98M pre-tax loss in Q3 2026.
  • Cost of processing and services rose to 40.8% of revenue in Q3 2026 from 34.8% in Q3 2025.
  • One Fiserv transformation costs were $158M in Q3 2026 and $487M in first nine months of 2026.
  Negative

  • No share repurchases in Q3 2026; bought $1.0B in Q3 2025. Only $300M in first nine months of 2026 vs. $5.4B.

• Market Risk (Item 3)

  Quantified Argentine Peso losses of $23M and $117M in 9M 2026 and 2025.
  Notable

  • Argentine government removed currency controls in April 2025, causing significant Peso devaluation.
  Negative

  • Argentine Peso devaluation caused $23M loss in 9M 2026 and $117M in 9M 2025.

What changed: Sep 2026 vs. Jun 2026

About 8% of FISV's Sep 2026 10-Q is new information. 32 paragraphs were added, 175 changed, and 39 removed. Below are the most important lines SECSift identified.

• Item 1 95
• Item 2 67
• Item 6 3
• Item 3 2
• Item 4 2
• Item 5 1