Fiserv (FISV) Gross Margin (2009 - 2026)
Fiserv (FISV) reported Gross Margin of 54.74% for Q2 2026, down 7.08 percentage points from 61.82% a year earlier but up 0.64 percentage points from the prior quarter.
Powered by 
Analysis
Fiserv (FISV) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Fiserv's Gross Margin came in at 56.22%, down 4.92 percentage points year-over-year; for FY2025, it was 59.36%, down 1.46 percentage points from FY2024.
- Gross Margin has a five-year change of +11.96 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 60.83% in FY2024 (+1.00 pp), 59.83% in FY2023 (+4.89 pp), 54.94% in FY2022 (+5.03 pp) and 49.91% in FY2021 (+2.51 pp).
- Five-year quarterly Gross Margin spans a low of 48.25% in Q4 2021 and a high of 62.54% in Q4 2023.
- Year over year, Gross Margin has now declined in each of the last four quarters, with an average year-over-year change of -2.38 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q4 2022 (a gain of 8.99 percentage points); the low point was Q2 2026 (a drop of 7.08 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 54.11% (Q1 2026), 57.08% (Q4 2025) and 58.86% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 47.84% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 75.71% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 54.74% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 61.04% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 87.70% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 65.60% |
| 10 | Hut 8 | 11.42 Bn | 11.26 Bn | 48.04 Mn | 64.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.74% |
| Mar 31, 2026 | 54.11% |
| Dec 31, 2025 | 57.08% |
| Sep 30, 2025 | 58.86% |
| Jun 30, 2025 | 61.82% |
| Mar 31, 2025 | 59.59% |
| Dec 31, 2024 | 61.55% |
| Sep 30, 2024 | 61.51% |
| Jun 30, 2024 | 61.19% |
| Mar 31, 2024 | 58.94% |
| Dec 31, 2023 | 62.54% |
| Sep 30, 2023 | 61.13% |
| Jun 30, 2023 | 59.44% |
| Mar 31, 2023 | 55.90% |
| Dec 31, 2022 | 57.24% |
| Sep 30, 2022 | 55.82% |
| Jun 30, 2022 | 54.07% |
| Mar 31, 2022 | 52.34% |
| Dec 31, 2021 | 48.25% |
| Sep 30, 2021 | 50.73% |
API Access
Fiserv Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FISV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FISV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FISV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();