FISERV INC
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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FY2025 · Filed Feb 19, 2026
FISV$63.32-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
| Year Ended December 31, | |||
|---|---|---|---|
| (In millions, except per share data) | 2025 | 2024 | 2023 |
| Revenue: | |||
| Processing and services (1) | $16,879 | $16,637 | $15,630 |
| Product | 4,314 | 3,819 | 3,463 |
| Total revenue | 21,193 | 20,456 | 19,093 |
| Expenses: | |||
| Cost of processing and services | 5,802 | 5,363 | 5,332 |
| Cost of product | 2,810 | 2,650 | 2,338 |
| Selling, general and administrative | 6,883 | 6,564 | 6,576 |
| Net gain on sale of business and distribution of other assets | (120) | — | (167) |
| Total expenses | 15,375 | 14,577 | 14,079 |
| Operating income | 5,818 | 5,879 | 5,014 |
| Interest expense, net | (1,493) | (1,195) | (976) |
| Other expense, net | (61) | (178) | (140) |
| Income before income taxes and income (loss) from investments in unconsolidated affiliates | 4,264 | 4,506 | 3,898 |
| Income tax provision | (811) | (641) | (754) |
| Income (loss) from investments in unconsolidated affiliates | 37 | (685) | (15) |
| Net income | 3,490 | 3,180 | 3,129 |
| Less: net income attributable to noncontrolling interests and redeemable noncontrolling interest | 10 | 49 | 61 |
| Net income attributable to Fiserv, Inc. | $3,480 | $3,131 | $3,068 |
| Net income attributable to Fiserv, Inc. per share: | |||
| Basic | $6.36 | $5.41 | $5.02 |
| Diluted | $6.34 | $5.38 | $4.98 |
| Shares used in computing net income attributable to Fiserv, Inc. per share: | |||
| Basic | 547.1 | 578.7 | 611.7 |
| Diluted | 549.0 | 582.1 | 615.9 |
(1)Includes processing and other fees charged to related party investments accounted for under the equity method of $96 million, $137 million and $178 million for the years ended December 31, 2025, 2024 and 2023, respectively (see Note 18).
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