Fiserv (FISV) Q3 2026 Earnings Call: Guidance and Outlook
The company reaffirmed its full-year 2026 guidance, expecting adjusted revenue to be down 1.5% to down 0.5% and adjusted EPS between $7.20 and $7.40.
About Fiserv. Fiserv, Inc. is a global provider of technology solutions for payments and financial services. Its operations are structured into three primary segments: Acceptance, Fintech, and Payments.
Expected to be roughly consistent with the 2% reported in Q3.
Annual guidance
Adjusted revenue
Down 1.5% to down 0.5%.
Organic revenue
Minus 1% to flat.
Adjusted operating margin
Approximately 31% to 31.5%.
Adjusted EPS
$7.20 to $7.40.
Outlook
Banking segment recovery
Management expects the banking segment to return to low single-digit adjusted revenue growth in the back half of 2027.
Project Elevate savings
The $1 billion in savings is expected to be back-end weighted, with incremental savings largely coming beyond the 2027 time frame.
Clover growth
Clover is expected to return to double-digit revenue growth in the fourth quarter.
Portfolio review
The company has identified noncore businesses for potential alternative ownership arrangements and will use proceeds for share repurchases and debt paydown.
Transformation spend
Transformation spend will continue into 2027, with Q4 spend expected to be roughly in line with Q3.
Agent OS
The company is seeing rapid regimentation toward deployment for Agent OS with nearly 200 banks in the pipeline.
Dombey's summary of the Fiserv Q3 2026 earnings call held Nov 3, 2026, written from the call itself. Every figure on this page was checked against what was said on the call, and quoted lines are management's own words; we do not add estimates or prices. The tone score is our read of management's wording, guidance and answers. Check figures against the company's SEC filings before acting. This is research, not investment advice.
