Fiserv Posts $5.94 Billion Third-Quarter Loss

The Milwaukee-based payments company beat analyst earnings expectations on an adjusted basis despite the large reported loss.

Updated on Nov. 3, 2026 in Financial Services

Overcast photograph of a plain mid-rise glass-and-steel office facade with a bundle of fiber-optic cables running down the wall on a flat Midwestern landscape. — Fiserv posted a $5.94 billion third-quarter net loss on Tuesday, but beat analyst expectations with adjusted earnings of $1.75 per share. AI Illustration. Upload story photo >

Fiserv Inc. reported a third-quarter net loss of $5.94 billion, or $11.17 per share, on Tuesday. Adjusted earnings, excluding one-time gains and costs, came to $1.75 per share, above the $1.72 average analyst estimate.

Why it matters

The gap between the reported loss and adjusted profit shows how heavily one-time items weighed on the quarter's results. Investors are watching whether the company's adjusted performance holds as it works toward its full-year outlook.

Fiserv reported third-quarter revenue of $5.2 billion and adjusted revenue of $4.85 billion, against an analyst expectation of $4.84 billion. The surveys behind the estimates drew from 12 analysts for earnings and 10 for revenue, and the source does not detail the one-time items driving the gap between reported and adjusted figures.

The players

Fiserv Inc.

Fiserv is a Milwaukee-based financial services technology company that provides payment processing and banking software to merchants and financial institutions.

Zacks Investment Research

Zacks Investment Research is an independent investment research firm that publishes earnings estimates compiled from analyst surveys.

The details

Fiserv's reported results include a $11.17 per-share loss, while adjusted earnings excluded one-time gains and costs to reach $1.75 per share. The company also expects full-year earnings in the range of $7.20 to $7.40 per share.

Tuesday, November 3, 2026: Fiserv reports third-quarter results.

Market Landscape

Fiserv's adjusted results were measured against consensus estimates compiled by Zacks Investment Research, the benchmark most investors use to judge quarterly performance. Beating that consensus on both earnings and revenue places the company in a favorable position relative to analyst expectations for its sector.

Shoppers and businesses that rely on Fiserv's payment processing may see the results as an indicator of the company's stability. Investors holding shares should watch the company's full-year guidance of $7.20 to $7.40 per share as the year progresses.

The takeaway

A large reported loss can coexist with a strong adjusted quarter, so readers should check what one-time items are excluded before judging a company's underlying performance. Comparing adjusted results against consensus estimates gives a clearer picture than headline loss figures alone.