Fiserv (FISV) Operating Margin (2009 - 2026)
Fiserv's Operating Margin was 19.18% in Q2 2026, down 11.57 percentage points from 30.75% a year earlier but up 0.92 percentage points from the prior quarter.
Fiserv (FISV) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Fiserv's Operating Margin was 22.33% through Jun 30, 2026, down 7.80 percentage points year-over-year; for FY2025, it came in at 27.45%, down 1.29 percentage points from FY2024.
- Operating Margin shows a five-year change of +14.98 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 28.74% in FY2024 (+2.48 pp), 26.26% in FY2023 (+5.18 pp), 21.09% in FY2022 (+6.99 pp) and 14.10% in FY2021 (+1.63 pp).
- Quarterly Operating Margin has moved between 12.52% (Q4 2021) and 31.77% (Q4 2024) over five years.
- Compared with a year earlier, Operating Margin has declined for four straight quarters, with an average year-over-year change of -2.91 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q4 2022 (a gain of 12.94 percentage points); the worst was Q2 2026 (a drop of 11.57 percentage points).
- Per Business Quant data, FISV's Operating Margin in the three quarters before Q2 2026 was 18.26% (Q1 2026), 24.43% (Q4 2025) and 27.28% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -9.30% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 16.44% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 6.75% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -452.09% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 35.28% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 19.18% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 10.15% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -25.50% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 15.16% |
| 10 | Hut 8 | 11.42 Bn | 11.26 Bn | 48.04 Mn | -275.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.18% |
| Mar 31, 2026 | 18.26% |
| Dec 31, 2025 | 24.43% |
| Sep 30, 2025 | 27.28% |
| Jun 30, 2025 | 30.75% |
| Mar 31, 2025 | 27.19% |
| Dec 31, 2024 | 31.77% |
| Sep 30, 2024 | 30.72% |
| Jun 30, 2024 | 27.96% |
| Mar 31, 2024 | 24.19% |
| Dec 31, 2023 | 29.41% |
| Sep 30, 2023 | 30.84% |
| Jun 30, 2023 | 23.78% |
| Mar 31, 2023 | 20.54% |
| Dec 31, 2022 | 25.46% |
| Sep 30, 2022 | 18.92% |
| Jun 30, 2022 | 19.33% |
| Mar 31, 2022 | 20.44% |
| Dec 31, 2021 | 12.52% |
| Sep 30, 2021 | 15.28% |
Fiserv Operating 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=operating-margin&ticker=FISV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=FISV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();