Fiserv (FISV) FY2022 results: revenue $17.7 billion, up 9.3% on the year
Fiserv Inc. (FISV) reported revenue of $17.7 billion for fiscal 2022, the year ended 31 December 2022, up 9.3% on the year before. Net income was $2.5 billion, up 89.7%, and diluted earnings per share $3.91. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$17.7 billion
+9.3% on the year
FY2015FY2022
Operating margin
21.1%
14.1% a year earlier
FY2015FY2022
Net income
$2.5 billion
+89.7% on the year
FY2015FY2022
Diluted EPS
$3.91
+96.5% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
4,618
4,034
4,147
+14.5%
Capital expenditure
1,479
1,160
900
+27.5%
Free cash flow
3,139
2,874
3,247
+9.2%
Free cash flow margin
17.7%
17.7%
21.9%
Cash from investing
-2,112
-1,630
-341
Cash from financing
-2,478
-1,741
-3,431
Depreciation and amortisation
3,212
3,248
3,257
-1.1%
Share-based compensation
323
239
369
+35.1%
Diluted shares, weighted
648m
672m
683m
-3.5%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
30,828
30,952
32,330
-0.4%
Non-controlling interest
699
720
740
-2.9%
Redeemable equity
161
278
259
-42.1%
Debt
21,418
21,237
20,684
+0.9%
Operating lease liabilities
628
615
471
+2.1%
Finance lease liabilities
366
313
271
+16.9%
Other liabilities
29,769
22,134
19,864
+34.5%
Total liabilities and equity
83,869
76,249
74,619
+10.0%
Fixed assets
1,958
1,742
1,628
+12.4%
Goodwill
36,811
36,433
36,322
+1.0%
Intangible assets
12,415
14,009
15,358
-11.4%
Cash and equivalents
902
835
906
+8.0%
Receivables
3,585
2,860
2,482
+25.3%
Other assets
28,198
20,370
17,923
+38.4%
Total assets
83,869
76,249
74,619
+10.0%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.