Fiserv (FISV) revenue breakdown
By segment, Merchant is the largest at 51% of fiscal 2025 revenue, growing 9% a year over 3 years.
By product, Processing and services is the largest at 80% of fiscal 2025 revenue, growing 26% a year over 7 years.
Revenue by segment
Fiscal years, as Fiserv reports them in its 10-K filings; fiscal 2025 total $19.8B.
| Segments | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Merchant | — | — | — | — | — | $7.9B | $8.7B | $9.6B | $10.1B | 51% |
| Financial | — | — | — | — | — | $8.7B | $9.1B | $9.5B | $9.7B | 49% |
| Acceptance | — | — | $2.6B | $5.5B | $6.5B | — | — | — | — | — |
| Payments | $3.2B | $2.4B | $3.9B | $5.5B | $5.8B | — | — | — | — | — |
| Fintech | $2.5B | $2.9B | $2.9B | $2.9B | $3.0B | — | — | — | — | — |
Revenue by product
Fiscal years, as Fiserv reports them in its 10-K filings; fiscal 2025 total $21.2B.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Processing and services | — | $3.4B | $6.9B | $10.5B | $11.6B | $14.5B | $15.6B | $16.6B | $16.9B | 80% |
| Product | — | — | — | — | — | $3.3B | $3.5B | $3.8B | $4.3B | 20% |
| Processing and services | $4.8B | — | — | — | — | — | — | — | — | — |
| Hardware, print and card production | — | $345M | $832M | $1.5B | $1.8B | — | — | — | — | — |
| Product | $863M | — | — | — | — | — | — | — | — | — |
| Output Solutions postage | — | $308M | $572M | $864M | $860M | — | — | — | — | — |
| Professional services | — | $577M | $669M | $728M | $779M | — | — | — | — | — |
| Software maintenance | — | $595M | $588M | $568M | $568M | — | — | — | — | — |
| Other | — | $277M | $338M | $343M | $350M | — | — | — | — | — |
| License and termination fees | — | $313M | $325M | $285M | $298M | — | — | — | — | — |
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Where does Fiserv make its money?
In fiscal 2025, by segment: Merchant $10.1B, Financial $9.7B.
From Fiserv's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.