Fiserv (FISV) FY2024 results: revenue $20.5 billion, up 7.1% on the year
Fiserv Inc. (FISV) reported revenue of $20.5 billion for fiscal 2024, the year ended 31 December 2024, up 7.1% on the year before. Net income was $3.1 billion, up 2.1%, and diluted earnings per share $5.38. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2025.
Revenue
$20.5 billion
+7.1% on the year
FY2017FY2024
Operating margin
28.7%
26.3% a year earlier
FY2017FY2024
Net income
$3.1 billion
+2.1% on the year
FY2017FY2024
Diluted EPS
$5.38
+8.0% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
6,631
5,162
4,618
+28.5%
Capital expenditure
1,569
1,388
1,479
+13.0%
Free cash flow
5,062
3,774
3,139
+34.1%
Free cash flow margin
24.7%
19.8%
17.7%
Cash from investing
-2,404
-1,068
-2,112
Cash from financing
-4,165
-4,356
-2,478
Depreciation and amortisation
2,889
3,162
3,212
-8.6%
Share-based compensation
367
342
323
+7.3%
Diluted shares, weighted
582m
616m
648m
-5.5%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
27,068
29,857
30,828
-9.3%
Non-controlling interest
618
651
699
-5.1%
Redeemable equity
0.0
161
161
Debt
24,840
23,118
21,418
+7.4%
Operating lease liabilities
654
665
628
-1.7%
Finance lease liabilities
417
430
366
-3.0%
Other liabilities
23,579
36,008
29,769
-34.5%
Total liabilities and equity
77,176
90,890
83,869
-15.1%
Fixed assets
2,374
2,161
1,958
+9.9%
Goodwill
36,584
37,205
36,811
-1.7%
Intangible assets
9,940
11,210
12,415
-11.3%
Cash and equivalents
1,236
1,204
902
+2.7%
Receivables
3,725
3,582
3,585
+4.0%
Other assets
23,317
35,528
28,198
-34.4%
Total assets
77,176
90,890
83,869
-15.1%
10-K for the year ended 31 December 2024, filed 20 February 2025: the filing.