Fiserv — Jul 23, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000798354-25-000161
Showing in the filing
Anticipated annual effective tax rate
“19.5%”
Period
FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 8
Organic revenue growth outlook for FY2025
“approximately 10%”
Adjusted earnings per share outlook for FY2025
“$10.15 to $10.30”
Consecutive years of double-digit adjusted e… for FY2025
“40th consecutive year of double-digit adjusted earnings per share growth”
Anticipated annual effective tax rate for FY2025
“19.5%”
Adjusted revenue for FY2025
“10.0%”
Currency impact for FY2025
“1.0%”
Acquisition adjustments for FY2025
“(1.0)%”
Amortization expense (acquired intangible as… for FY2025
“decrease approximately 5% compared to the amount incurred in 2024”
Exhibit 99.1 · the passage around this item
… earlier in the release
3 Represents the company’s share of amortization of acquisition-related intangible assets at its unconsolidated affiliates, as well as the minority interest share of amortization of acquisition-related intangible assets at its subsidiaries in which the company holds a controlling financial interest. 4 The tax impact of adjustments is calculated using a tax rate of 19.5% and 20% in the first six months of 2025 and 2024, respectively, which approximates the company’s anticipated annual effective tax rates. 7 News Release 5 Represents incremental compensation expense associated with the transition of the company’s Chief Executive Officer (“CEO”), comprised of $40 million of former CEO non-cash share-based compensation and related employer payroll taxes, and a $12 million cash replacement award paid to the company’s newly appointed CEO. 6 The Argentine government announced economic policy changes, including the removal of certain currency controls, resulting in a significant devaluation of the Argentine Peso on April 14, 2025. This adjustment represents the corresponding one-day foreign currency exchange loss from the remeasurement of the company’s Argentina subsidiary’s monetary assets and liabilities in Argentina’s highly inflationary economy. 8 News Release Fiserv, Inc. Financial Results by Segment (In millions, unaudited) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Total Company Revenue $ 5,516 $ 5,107 $ 10,646 $ 9,990 Adjustments: Postage reimbursements (320) (313) (661) (653) Adjusted revenue $ 5,196 $ 4,79
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.