Fiserv, Inc. (FISV) Earnings Call Transcripts

Fiserv, Inc.'s Latest Earnings Call - September 10, 2026

In the third quarter of fiscal year 2026, Fiserv, Inc. reported revenues of $4.2 billion, reflecting a 2% decline year-over-year, while adjusted earnings per share (EPS) came in at $0.85, slightly below expectations. Management maintained guidance for mid-single-digit revenue growth in the fourth quarter, indicating a return to a more stable growth trajectory. The company is focused on executing its 'One Fiserv' strategy, emphasizing improved customer service and platform stability, which has led to a 70% reduction in client-facing incidents, signaling positive momentum in client relationships.

Reported metrics

Guidance from management

Management maintained guidance for mid-single-digit revenue growth in Q4 2026, indicating a return to a more stable growth trajectory. They expect to achieve this growth despite recent challenges in nonrecurring revenue.

What management said

Yes, very high, I would say, because a lot of those are obvious things that we need to do. And they come in 2 flavors. Flavor #1 is overlapping projects, products, features and capabilities, both in the U.S. but also internationally. And then the second one is the benefits that you get from the deployment of AI, in particular, in technology and operations. So I would say we have very good line of sight on the $500 mi...

Yes. I mean it kind of goes back to what I was saying before about the margin is we're going to manage the expense base to be able to absorb, obviously, this investment. And as it relates to 2027, we will still be able to deliver the margin targets that we've outlined on an annual basis, the 50 basis points. And then there is a piece of Elevate that will come in, in 2027. So we're managing that as we look at the tota...

What analysts pressed on

Analysts expressed concerns regarding the pace of revenue recovery and the impact of ongoing investments on margins. There were questions about the visibility of client implementations and the potential risks associated with the strategic review and divestitures.

Main topics on the call

• Revenue Performance — Fiserv reported revenues of $4.2 billion for Q3 2026, down 2% year-over-year. Management indicated that the fourth quarter is expected to show mid-single-digit growth, aligning with long-term targets of 4-6%.
• Client Retention Improvements — Management highlighted a '70% reduction in client-facing incidents,' suggesting that improvements in service levels are positively impacting client retention. Takis Georgakopoulos stated, 'the actions that we have taken....
• Project Elevate and Cost Savings — Project Elevate aims to achieve $500 million in identified savings and a 200 basis point contribution to margins over the next several years. Management expressed confidence in the visibility of these savings, stating, '...
• Clover Growth Strategy — Clover's revenue growth was reported at 2%, with underlying growth around 13%. Management is optimistic about achieving 15-20% growth targets by enhancing distribution and product offerings, stating, 'the competitive dif...

Read the full Fiserv, Inc. transcript (September 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 84 Fiserv, Inc. earnings call transcripts on record, spanning February 4, 2020 to September 10, 2026. Based on this history, Fiserv, Inc. reports quarterly. The most recent call on file is dated September 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

FISV

Exchange

NasdaqGS

Country

US

Sector

Financials

Industry

Financial Services

Calls on record

84

First call

February 4, 2020

Most recent

September 10, 2026

Reporting cadence

quarterly