Fiserv Reports $5.13 Billion Revenue in Q1 2025, Driven by Processing and Services Growth

Fiserv, Inc. reported a total revenue of $5.13 billion for the first quarter of 2025, marking a 5% increase from $4.88 billion in the same period of 2024. The growth was primarily driven by a rise in processing and services revenue, which reached $4.05 billion, up from $4.00 billion year-over-year. Product revenue also saw a significant increase, rising to $1.09 billion from $883 million. The company's net income attributable to Fiserv, Inc. was $851 million, or $1.51 per diluted share, compared to $735 million, or $1.24 per diluted share, in the prior year, reflecting a 16% increase in profitability.

In terms of expenses, Fiserv reported total expenses of $3.74 billion, a slight increase from $3.70 billion in the previous year. The cost of processing and services rose to $1.39 billion, while the cost of products increased to $684 million. Notably, selling, general, and administrative expenses decreased to $1.68 billion from $1.70 billion, contributing to an overall improvement in operating income, which increased by 18% to $1.40 billion. The operating margin also improved to 27.2%, up from 24.2% in the first quarter of 2024.

Strategically, Fiserv made two significant acquisitions in March 2025: Payfare, Inc. for $95 million, enhancing its embedded finance capabilities, and CCV Group B.V. for $229 million, which expands its point-of-sale payment solutions. These acquisitions are expected to bolster Fiserv's offerings in both the Financial and Merchant segments. The company continues to focus on integrating its solutions and enhancing its technology to meet evolving market demands.

Operationally, Fiserv reported a decrease in its employee headcount, with 554.4 million shares of common stock outstanding as of April 18, 2025. The company also noted a decline in its cash and cash equivalents to $1.18 billion from $1.24 billion at the end of 2024. The company’s investments in unconsolidated affiliates remained stable at $1.54 billion, reflecting its ongoing commitment to strategic partnerships.

Looking ahead, Fiserv anticipates continued growth driven by its focus on innovation and operational excellence. The company is committed to enhancing its product offerings and expanding its market presence, particularly in the digital payments and financial services sectors. However, it remains vigilant regarding potential macroeconomic challenges, including inflation and currency fluctuations, which could impact its operations and financial results.