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Fiserv — May 5, 2026 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000798354-26-000014
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Showing in the filing
Anticipated annual effective tax rate
“19.5%”
Period
FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 5
Organic revenue growth outlook for FY2026
“1% to 3%”
Adjusted earnings per share for FY2026
“$8.00 to $8.30”
Anticipated annual effective tax rate for FY2026
“19.5%”
Revenue for FY2026
“1% - 3%”
Amortization expense with respect to acquire… for FY2026
“relatively consistent with the amount incurred in 2025”
Exhibit 99.1 · the passage around this item
… earlier in the release
4 Represents a net gain on the sale-leaseback of certain facilities in the first quarter of 2026. 7 News Release 5 Represents the company’s share of amortization of acquisition-related intangible assets at its unconsolidated affiliates. 6 The tax impact of adjustments is calculated using a tax rate of 19.5% in both the first quarter of 2026 and 2025, which approximates the company’s anticipated annual effective tax rates. 7 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 new CEO appointed in 2025. 8 News Release Fiserv, Inc. Financial Results by Segment (In millions, unaudited) Three Months Ended March 31, 2026 2025 Total Company Revenue $ 5,027   $ 5,130  Adjustments: Postage reimbursements (352) (341) Adjusted revenue $ 4,675   $ 4,789  Operating income $ 918   $ 1,395  Adjustments: Merger and integration costs 29   15  One Fiserv transformation program expenses 142   —  Severance costs 73   15  Amortization of acquisition-related intangible assets 311   331  Net gain on sale of assets (83) —  Incremental executive compensation —   52  Adjusted operating income $ 1,390   $ 1,808  Operating margin 18.3   % 27.2  % Adjusted operating margin 29.7   % 37.8  % Merchant Solutions (“Merchant”) 1 Revenue $ 2,373   $ 2,372  Operating income $ 626
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.