Fiserv, Inc. (NYSE:FI) reported second-quarter results on Wednesday that exceeded Wall Street expectations, as the financial technology firm delivered strong earnings and revenue growth across key segments.
Adjusted earnings per share came in at $2.47, topping the $2.43 consensus estimate. Revenue reached $5.52 billion, comfortably beating forecasts of $5.2 billion. The company also posted 8% organic revenue growth during the quarter, with its Merchant Solutions and Financial Solutions segments growing 9% and 7%, respectively.
Despite the beat, shares of Fiserv dropped more than 7% in trading following the announcement.
“Our second quarter results of 8% organic revenue growth and 16% adjusted earnings per share growth again demonstrated the power of our diverse business serving both merchants and financial institutions,” said Mike Lyons, Chief Executive Officer of Fiserv.
Earnings momentum remained solid, with adjusted EPS climbing 16% year-over-year. The company also delivered improved profitability, as its adjusted operating margin expanded by 120 basis points to 39.6%.
Free cash flow rose to $1.54 billion in the first half of 2025, up from $1.48 billion in the same period a year earlier.
Looking ahead, Fiserv fine-tuned its full-year 2025 outlook. The company now expects organic revenue growth of around 10%, with adjusted EPS projected between $10.15 and $10.30—representing growth of 15% to 17%. The midpoint of that range aligns with current analyst expectations of $10.20.
“We are encouraged by our strong pipeline, recent client wins, and the quality of our strategic initiatives, and expect to deliver Fiserv’s 40th consecutive year of double-digit adjusted earnings per share growth,” Lyons added.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.