Fiserv (FISV) 10-K Summary — Year Ended Dec 31, 2023
Fiserv provides financial services technology, including payments and processing solutions. The filing reports annual revenue, operating income, net income, and operating cash flow, with revenue showing an upward trend over the prior three reported periods.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
Fiserv provides financial services technology, including payments and processing solutions. The filing reports annual revenue, operating income, net income, and operating cash flow, with revenue showing an upward trend over the prior three reported periods.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$19.1B
Revenue reported for the fiscal year.
Operating income
$5B
Income from operations reported for the year.
Net income
$3.1B
Net income reported for the year.
Operating cash flow
$5.2B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $16.2B | n/a |
| Dec 31, 2022 | $17.7B | +9.3% |
| Dec 31, 2023 | $19.1B | +7.6% |
Business overview
Fiserv operates as a global provider of financial services technology, offering solutions for payments, processing, and related services. The company's business serves banks, credit unions, and other financial institutions, as well as merchants and businesses.
Financial performance
Reported revenue increased compared to the prior year, and operating income, net income, and operating cash flow were also disclosed for the reporting period. The revenue trend over the past three years shows consistent growth.
Material risks
The filing indicates there are risk factors discussed in a designated section, but no specific content from that section is supplied. Readers should refer to the full risk factors section for details on potential challenges facing the business.
Liquidity and capital
The company engaged in share repurchases during the final quarter of the reporting period, as disclosed in a table of issuer purchases of equity securities. No broader liquidity or capital allocation themes are elaborated in the supplied context.
What to watch
Monitor the next filing for updated information on share repurchase activity and any changes to the board-authorized buyback program.