- Fiserv, Inc. (FI, Financial) reported a 5% increase in GAAP revenue, reaching $5.13 billion for Q1 2025.
- The company achieved a 22% rise in GAAP earnings per share, reaching $1.51.
- Fiserv affirmed its 2025 outlook for organic revenue growth of 10% to 12% and adjusted EPS growth of 15% to 17%.
Fiserv, Inc. (FI), a global leader in payments and financial services technology, announced its financial results for the first quarter of 2025. The company achieved a GAAP revenue increase of 5% to $5.13 billion, compared to the same period last year. This growth was fueled by a 5% rise in the Merchant Solutions segment and a 6% boost in the Financial Solutions segment.
GAAP earnings per share for the quarter increased by 22% to $1.51, demonstrating the company's strong financial performance. The GAAP operating margin improved to 27.2%, compared to 24.2% in the first quarter of 2024.
On a non-GAAP basis, Fiserv's adjusted revenue grew by 5% to $4.79 billion, with organic revenue growth reaching 7%. The adjusted earnings per share also saw a significant rise, increasing by 14% to $2.14. The adjusted operating margin improved by 200 basis points to 37.8%.
The company also highlighted its strategic moves in the first quarter, including the acquisition of Payfare Inc. and CCV Group B.V., further strengthening its global presence. Additionally, agreements were reached to acquire Pinch Payments NZ Limited and Money Money Serviços Financeiros S.A.
Looking ahead, Fiserv maintains its forecast for organic revenue growth between 10% to 12% and adjusted earnings per share forecasted between $10.10 to $10.30 for the full year 2025. The anticipated acceleration in the second half of the year will reflect the timing of key strategic initiatives, as stated by Mike Lyons, President and incoming CEO of Fiserv.
