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Jun 30, 2022

Fiserv Q2 2022 Earnings Report

Fiserv reported strong results with double-digit organic revenue and adjusted earnings per share growth.

Key Takeaways

Fiserv reported a strong second quarter in 2022, with double-digit organic revenue and adjusted earnings per share growth. The company raised its full-year 2022 outlook for organic revenue growth to 9% to 11% and adjusted EPS to $6.45 to $6.55.

GAAP revenue increased by 10% to $4.45 billion.

Organic revenue growth was 12%, led by 17% growth in the Acceptance segment.

Adjusted earnings per share increased 14% to $1.56.

The company raises 2022 organic revenue growth outlook to 9% to 11% and adjusted EPS outlook to $6.45 to $6.55.

Total Revenue
$4.45B
Previous year: $4.05B
+9.8%
EPS
$1.56
Previous year: $1.37
+13.9%
Internal Revenue Growth
12%
Previous year: 18%
-33.3%
Gross Profit
$2.41B
Previous year: $2.08B
+15.5%
Cash and Equivalents
$3.06B
Previous year: $2.67B
+14.7%
Free Cash Flow
$603M
Previous year: $801M
-24.7%
Total Assets
$77.2B
Previous year: $75.8B
+1.9%

Fiserv

Fiserv

Fiserv Revenue by Segment

Forward Guidance

Fiserv raises full year 2022 outlook and now expects organic revenue growth of 9% to 11% and adjusted earnings per share of $6.45 to $6.55, representing growth of 16% to 17%.

Revenue & Expenses

Visualization of income flow from segment revenue to net income