Mamilli Wafaa purchased $150K of FISV

Fiserv (FISV) reported Q2 adjusted operating income near $1.6B, adjusted operating margin of 31.8%, adjusted EPS of $1.84, and free cash flow of $1.1B. It guided 2026 organic revenue growth of -1% to flat and adjusted EPS of $7.20 to $7.40. The company cited FX impacts in Latin America and delays in newly contracted revenue, and discussed divestitures and Project Elevate savings.

Fiserv reported a Q2 2026 earnings call update, revising full-year 2026 organic revenue guidance to minus 1% to flat, citing Argentina macro volatility, slower client implementation timelines, slower execution on growth initiatives, and incremental technology infrastructure investments. Management said recurring revenue is about 85% of adjusted revenue. Fiserv plans >$100M tech spend in H2 2026, divests non-core businesses, and expects double-digit adjusted EPS growth in 2027-2029.

Fiserv reported 2Q revenue down 3% year over year and EPS down 21% to $1.84, missing Wall Street estimates. The company lowered its 2026 outlook, now expecting organic revenue -1% to flat and adjusted EPS $7.20 to $7.40. CEO Takis Georgakopoulos said it is reviewing products and has divested student loan servicing and managed ATM businesses, while analysts cite Clover growth potential.

Fiserv reset its 2026 outlook on its Q2 2026 earnings call, citing slower client implementations, weaker Argentina conditions, and execution gaps. Adjusted EPS was $1.84 vs $1.89 consensus, and adjusted revenue was $4.96B vs $5.05B. 2026 organic revenue growth is now -1% to flat, with adjusted EPS $7.20 to $7.40.

Fiserv said its Q2 results matched forecasts but revised its next six-month outlook. For 2026, it expects organic revenue down 1% or flat and adjusted EPS of $7.20 to $7.40. CFO Paul Todd cited delayed contracted revenue, slower enterprise launches, lower product revenue, and Argentina/planned sales. Q2 revenue was $5.29B, EPS $1.17, and quarterly free cash flow $1.1B.

US stock index futures were mixed, with S&P futures up 0.1% and Nasdaq futures down 0.5% as Sandisk (SNDK) fell about 9% and Western Digital (WDC) about 15% after earnings and weaker memory outlooks. Tech and AI names also dropped on results or guidance misses, while Mag 7 were mixed. Asian markets declined after chip-related losses, and investors awaited US payrolls.