FIS vs Fiserv

10-Q Financial Filing Analysis for FIS (2026-08-04)

Fidelity National Information Services (FIS) reported robust financial results for Q2 2026, driven significantly by the closing of the Issuer Solutions acquisition from Global Payments and the divestiture of its remaining minority stake in Worldpay. Second-quarter consolidated revenue reached $3.38 billion, up 29% YoY, while operating income grew 24% YoY to $507 million. In the first half of 2026, net earnings attributable to FIS surged to $2.60 billion, propelled by a $2.2 billion estimated pre-tax gain recorded on the Worldpay minority interest sale. Operating cash flow for the six-month period improved to $1.21 billion compared to $839 million in the prior year.

• Q2 2026 revenue increased 29% year-over-year to $3.38 billion, with Banking Solutions revenue growing 44% to $2.48 billion following the Issuer Solutions acquisition.
• FIS recognized a preliminary pre-tax gain of $2.2 billion on the sale of its remaining 45% Worldpay equity interest, leading to H1 2026 net earnings attributable to FIS of $2.60 billion ($5.03 per diluted share).
• Operating cash flow reached $1.21 billion for the first six months of 2026, while total debt expanded to $21.2 billion following $7.7 billion in new borrowings used to finance the Issuer Solutions transaction.

10-Q Financial Filing Analysis for Fiserv (2026-08-07)

For the second quarter ended June 30, 2026, Fiserv reported total revenue of $5.29 billion, representing a 4% decrease year-over-year from $5.52 billion in Q2 2025. Operating income contracted 40% to $1.02 billion from $1.70 billion, resulting in an operating margin compression of 1,150 basis points to 19.2%. The performance was impacted by lower data and analytics sales, declining high-margin software license revenue, reduced anticipation revenue in Argentina, and increased operating expenses, including personnel investments and $187 million in transformation costs related to the 'One Fiserv' action plan. Net income attributable to Fiserv stood at $627 million, down 39% from $1.03 billion in the prior-year quarter, yielding diluted EPS of $1.17 compared to $1.86. Despite top-line headwinds, the company completed a debt optimization strategy, issuing €1.0 billion in senior notes and retiring $1.3 billion of higher-coupon debt, generating a pre-tax debt extinguishment gain of $154 million. Operating cash flow for the six-month period remained robust at $2.08 billion.

• Total revenue in Q2 2026 fell 4.1% year-over-year to $5.292 billion, driven by an 8% decline in the Financial Solutions segment ($2.355 billion) and a 1% decline in Merchant Solutions ($2.608 billion).
• Operating income fell 40.2% year-over-year to $1.015 billion with margins compressing to 19.2%, impacted by $187 million of One Fiserv transformation costs and higher infrastructure and personnel expenses.
• Fiserv recorded a pre-tax gain on early debt extinguishment of $154 million in Q2 2026 after completing a €1.0 billion debt offering and retiring $1.3 billion of legacy senior notes.

8-K Financial Filing Analysis for Fiserv (2026-09-22)

Fiserv, Inc. reported an executive leadership transition under Item 5.02. On September 16, 2026, Adam L. Rosman tendered his resignation as Chief Administrative Officer and Chief Legal Officer, effective September 30, 2026. To ensure operational continuity, Fiserv appointed Eric C. Nelson, currently serving as General Counsel and Secretary, to succeed Mr. Rosman as Chief Legal Officer effective October 1, 2026. The planned internal succession provides continuity for Fiserv's legal, regulatory, and administrative operations.

• Adam L. Rosman resigned from his roles as Chief Administrative Officer and Chief Legal Officer on September 16, 2026, with an effective departure date of September 30, 2026.
• Eric C. Nelson, the current General Counsel and Secretary of Fiserv, will assume the role of Chief Legal Officer effective October 1, 2026.

Fiserv to Present at Upcoming Investor Conference

Fiserv to Present at Upcoming Investor Conference