Fiserv posts flat Q3 revenue due to $6.45B goodwill impairment charge

Fiserv reported GAAP revenue of $5.20 billion, declining 1% YOY, impacted by a massive $6.45 billion non-cash goodwill impairment charge that wiped out operating margin. The company affirmed its 2026 financial outlook and raised its Project Elevate savings target to $1 billion with share repurchases of $500 million planned.