Fiserv (FISV) Cost of Revenue (2009 - 2026)
Fiserv's (FISV) quarterly Cost of Revenue came in at $1.7 billion in Q2 2026, up 20.82% year-over-year from $1.4 billion in Q2 2025, and up 5.96% quarter-over-quarter from $1.6 billion in Q1 2026.
Analysis
Fiserv (FISV) Cost of Revenue (2009 - 2026) Analysis & Trends
Fiserv (FISV) has reported Cost of Revenue for 18 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 20.82% year-over-year to $1.7 billion in Q2 2026; TTM through Jun 2026 was $6.3 billion, a 15.55% increase from a year earlier, with the FY2025 full-year figure at $5.8 billion, up 8.19% from the prior year.
- Cost of Revenue was $1.7 billion for Q2 2026 at Fiserv, up from $1.6 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $1.7 billion in Q2 2026 and troughed at $1.3 billion in Q4 2023.
- A 5-year average of $1.4 billion and a median of $1.4 billion in 2022 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue slipped 16.21% in 2022 and grew 20.82% in 2026, its largest moves.
- Over 5 years, Cost of Revenue stood at $1.4 billion in 2022, then fell by 8.99% to $1.3 billion in 2023, then gained by 4.35% to $1.3 billion in 2024, then gained by 14.77% to $1.5 billion in 2025, then advanced by 12.61% to $1.7 billion in 2026.
- The last three Cost of Revenue figures came in at $1.7 billion (Q2 2026), $1.6 billion (Q1 2026), and $1.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.98 Bn | 41.55 Bn | 3.17 Bn | 3.45 Bn |
| 2 | PayPal Holdings | 46.64 Bn | 35.38 Bn | - | - |
| 3 | Fiserv | 27.03 Bn | 26.41 Bn | 3.59 Bn | 1.71 Bn |
| 4 | Corpay | 26.76 Bn | 19.76 Bn | 1.19 Bn | 150.61 Mn |
| 5 | Global Payments | 24.10 Bn | 18.69 Bn | 2.03 Bn | 1.29 Bn |
| 6 | Wex | 6.49 Bn | 390.77 Mn | 463.80 Mn | 289.70 Mn |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 248.85 Mn |
| 8 | Paymentus Holdings | 4.48 Bn | 4.10 Bn | 94.31 Mn | 266.43 Mn |
| 9 | dLocal | 4.39 Bn | 3.51 Bn | 127.15 Mn | 272.51 Mn |
| 10 | Sezzle | 4.01 Bn | 3.93 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.71 Bn |
| Mar 31, 2026 | 1.61 Bn |
| Dec 31, 2025 | 1.52 Bn |
| Sep 30, 2025 | 1.49 Bn |
| Jun 30, 2025 | 1.41 Bn |
| Mar 31, 2025 | 1.39 Bn |
| Dec 31, 2024 | 1.32 Bn |
| Sep 30, 2024 | 1.35 Bn |
| Jun 30, 2024 | 1.34 Bn |
| Mar 31, 2024 | 1.35 Bn |
| Dec 31, 2023 | 1.27 Bn |
| Sep 30, 2023 | 1.31 Bn |
| Jun 30, 2023 | 1.35 Bn |
| Mar 31, 2023 | 1.41 Bn |
| Dec 31, 2022 | 1.39 Bn |
| Sep 30, 2022 | 1.44 Bn |
| Jun 30, 2022 | 1.50 Bn |
| Mar 31, 2022 | 1.44 Bn |
| Dec 31, 2021 | 1.66 Bn |
| Sep 30, 2021 | 1.53 Bn |