Fiserv recorded a $6.45 billion non-cash goodwill impairment during the three months ended September 30, 2026, contributing to a $5,941 million net loss attributable to the company as revenue declined 1% to $5,196 million.
FISV · Fiserv Inc · Documents
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Fiserv reported Q3 adjusted revenue of $4.85 billion, down 1%, with organic revenue flat. It raised Project Elevate savings opportunities to $1 billion, plans a $500 million fourth-quarter share repurchase, and expects Q4 merchant revenue growth of 6% to 8%.
Fiserv reported a third-quarter GAAP loss per share of $(11.17), driven by a $6.45 billion non-cash goodwill impairment, and affirmed its 2026 adjusted EPS outlook of $7.20 to $7.40.
Fiserv, Inc. appointed Raj Seshadri to its board effective November 30, 2026. Henrique De Castro will not stand for re-election at the 2027 annual shareholder meeting and will remain a director until then.
Fiserv, Inc. announced that Adam L. Rosman resigned as Chief Administrative Officer and Chief Legal Officer effective September 30, 2026. Eric C. Nelson, currently General Counsel and Secretary, will succeed him as Chief Legal Officer on October 1, 2026.