Fiserv, Inc. (FI) Revenue by Segment

Fiserv revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Fiserv's largest business segment was Merchant, with $2.61 billion or 53% of revenue, down 1.4% from a year earlier. Next: Financial (47%).

By product or service, Processing and Services brought in 81% and Product brought in 19% of revenue in Q2 fiscal 2026.

By subsegment, Payments Subsegment brought in 60% and Financial Subsegment brought in 40% of revenue in Q2 fiscal 2019.

The fastest-growing business segment from a year earlier was Merchant (-1.4%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

Fiserv, Inc.

FIFinancial Services

United States

Financial Services

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

MerchantFinancialAcceptancePaymentsPayments and Industry ProductsFintechFirst DataFinancial Institution ServicesOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Merchant	USD 2.61B	52.5%	-1.4%
Financial	USD 2.35B	47.5%	-7.7%
Corporate and otheri	USD 329.00M		+2.8%

Sum of items USD 4.96B; corporate items and eliminations USD 329.00M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Merchant	2.6B	2.4B	–	2.6B	2.6B	2.4B	–	2.5B	2.4B	2.3B	–	2.3B	2.2B	2.0B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Financial	2.4B	2.3B	–	2.3B	2.6B	2.4B	–	2.4B	2.4B	2.3B	–	2.3B	2.2B	2.2B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Acceptance	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.9B	1.9B	1.7B	–	1.7B	1.7B	1.4B	–	1.5B	1.2B	1.4B	–	–	–	–	–	–	–	–	–	–
Payments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.6B	1.5B	1.5B	–	1.5B	1.4B	1.4B	–	1.4B	1.3B	–	–	–	–	–	–	–	–	–	–	–
Payments and Industry Products	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.4B	987.0M	926.0M	917.0M	914.0M	944.0M	844.0M	837.0M	842.0M	–	796.0M
Fintech	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	766.0M	803.0M	778.0M	–	761.0M	754.0M	736.0M	–	727.0M	714.0M	718.0M	–	–	–	–	–	–	–	–	–	–
First Data	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.5B	1.6B	–	–	–	–	–	–	–	–
Financial Institution Services	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	609.0M	596.0M	604.0M	598.0M	615.0M	–	–	–	–	–
Corporate, reconciling items and eliminations	–	–	–	–	–	–	–	–	–	–	–	312.0M	305.0M	328.0M	–	257.0M	228.0M	245.0M	–	215.0M	210.0M	217.0M	–	218.0M	208.0M	264.0M	–	–	–	–	–	- 6.0M	- 7.0M	- 18.0M	–	- 15.0M
Corporate and other	329.0M	352.0M	–	344.0M	320.0M	341.0M	–	334.0M	318.0M	345.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Financial Institution Services	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	574.0M	590.0M	616.0M	–	619.0M

Fiserv revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Merchant	$2.6B	$2.4B	$2.6B	$2.6B	53%
Financial	$2.4B	$2.3B	$2.3B	$2.6B	47%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Fiserv revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Processing and Services	$4.3B	$4.1B	$4.3B	$4.3B	81%
Product	$1.0B	$957.0M	$990.0M	$1.2B	19%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Fiserv revenue by subsegment, last 4 quarters

Subsegment	Q2 FY19	Q1 FY19	Q3 FY18	Q2 FY18	Share
Payments Subsegment	$917.0M	$914.0M	$844.0M	$837.0M	60%
Financial Subsegment	$604.0M	$598.0M	$574.0M	$590.0M	40%

In USD, fiscal quarters as reported; share = part of Q2 FY19 revenue.

Questions and answers

What are Fiserv's business segments?

Merchant and Financial (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Fiserv?

Merchant: $2.61 billion, or 53% of revenue, in Q2 fiscal 2026.

What are Fiserv's main products and services?

By revenue in Q2 fiscal 2026: Processing and Services (81%) and Product (19%).

MoreFiserv stock overview Fiserv financials Fiserv executive team Fiserv shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.