Fiserv, Inc. (FISV)
The company now
Fiserv reported a third-quarter 2026 net loss of $5.94 billion attributable to the company on 3 November, after a $6.45 billion non-cash goodwill impairment charge 12.
Goodwill is the amount paid for acquisitions above the value of the assets acquired, and the company wrote part of it down after testing every reporting unit 2.
Revenue was $5.20 billion, down 1 percent from a year earlier, and organic revenue, which leaves out currency, acquisitions, dispositions and postage, was flat 1.
Chief Executive Takis Georgakopoulos said net attrition in banking is down more than 25 percent year to date and that major client wins are now ramping 1.
The company affirmed its 2026 outlook of organic revenue from negative 1 percent to 0 percent and adjusted earnings per share of $7.20 to $7.40 1. It also raised its Project Elevate savings target to $1 billion from $500 million 1.
The open question is whether the fourth-quarter revenue acceleration that finance chief Paul Todd described arrives 1. A second is what the portfolio review produces for businesses the company calls not core 3.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.