“Interest Expense, Net Interest expense, net increased $16 million, or 5%, in the first quarter of 2026 compared to the first quarter of 2025 due to debt financing activities, including our public offering and issuances of $2.0 billion and €2.175 billion of se…”10-Q · May 6, 2026 ↗
Fiserv, Inc.
FISV
Market read
Fiserv, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 21 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 11 directly disclosed connections are confirming.
- FISV's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if FISV's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 21 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 11 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- FISV's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Net margin changed +1.1 percentage points in the latest annual period.
- Credit and interest rates has repeated favorable evidence across 4 filings.
- Operating margin changed -1.3 percentage points in the latest annual period.
- P/E is 65% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 68% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
51.58Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“In the European Union (“E.U.”) and the U.K., we are subject to the General Data Protection Regulation (“GDPR”), which imposes a comprehensive approach to personal data protection and includes penalties for non-compliance of up to the greater of 20 million Eur…”10-K · Feb 19, 2026 ↗
“The decrease in revenue in our Merchant segment in the second quarter and first six months of 2026 was primarily due to a $45 million and $72 million decrease, respectively, in anticipation revenue in Argentina, attributed to lower inflation and interest rate…”10-Q · Aug 7, 2026 ↗
“During the year ended December 31, 2024, the Company recorded a $ 595 million non-cash impairment as a result of an other-than-temporary decline in the fair value of its equity method investment in WFMS within income (loss) from investments in unconsolidated…”10-K · Feb 19, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.3× · EV/sales 1.3×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for FISV. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for FISV. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind FISV
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
DLXDeluxe CorporationsupplierFeb 13, 2026 ▾
“Cross was employed by Fiserv, a financial services technology company, most recently as Senior Vice President, Head of Human Resources for Merchant Solutions from October 2019 to October 2024.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 17 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
FISV is currently a Follower in the organic co-movement group Enterprise Software & Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.