Fiserv (FISV) Gross Margin (2009 - 2026)
Fiserv's (FISV) quarterly Gross Margin came in at 67.76% in Q2 2026, down 664.0% year-over-year from 12.01% in Q2 2025, and little changed quarter-over-quarter from 67.97% in Q1 2026.
Analysis
Fiserv (FISV) Gross Margin (2009 - 2026) Analysis & Trends
Fiserv (FISV) has reported Gross Margin for 18 consecutive years, with 67.76% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 664.0% year-over-year to 67.76% in Q2 2026; TTM through Jun 2026 was 69.73%, a 438.0% decrease from a year earlier, with the FY2025 full-year figure at 72.62%, down 116.0% from the prior year.
- Gross Margin was 67.76% for Q2 2026 at Fiserv, roughly flat from 67.97% in the prior quarter.
- Over five years, Gross Margin peaked at 74.86% in Q4 2024 and troughed at 65.3% in Q1 2022.
- A 5-year average of 71.05% and a median of 71.68% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 896 bps in 2022 and plunged 664 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 69.98% in 2022, then grew by 6 bps to 74.27% in 2023, then rose by 1 bps to 74.86% in 2024, then retreated by 5 bps to 71.33% in 2025, then declined by 5 bps to 67.76% in 2026.
- The last three Gross Margin figures came in at 67.76% (Q2 2026), 67.97% (Q1 2026), and 71.33% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | 47.84% |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | - |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | 67.76% |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | 88.75% |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | 61.04% |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | 61.55% |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 42.18% |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 26.14% |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | 31.81% |
| 10 | Sezzle | 4.00 Bn | 3.91 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 67.76% |
| Mar 31, 2026 | 67.97% |
| Dec 31, 2025 | 71.33% |
| Sep 30, 2025 | 71.77% |
| Jun 30, 2025 | 74.40% |
| Mar 31, 2025 | 72.92% |
| Dec 31, 2024 | 74.86% |
| Sep 30, 2024 | 74.19% |
| Jun 30, 2024 | 73.70% |
| Mar 31, 2024 | 72.27% |
| Dec 31, 2023 | 74.27% |
| Sep 30, 2023 | 73.10% |
| Jun 30, 2023 | 71.59% |
| Mar 31, 2023 | 69.10% |
| Dec 31, 2022 | 69.98% |
| Sep 30, 2022 | 68.06% |
| Jun 30, 2022 | 66.25% |
| Mar 31, 2022 | 65.30% |
| Dec 31, 2021 | 61.03% |
| Sep 30, 2021 | 63.25% |