Fiserv, Inc.(NASDAQ:FISV) lowered its full-year 2026 organic revenue guidance to a range of minus 1% to flat, down from prior expectations, citing weaker macro conditions in Argentina, hardware sales headwinds, and delayed client implementation timelines. The company also reduced its adjusted EPS guidance to $7.20 to $7.40 and set an adjusted operating margin target of 31% to 31.5%, including a 50 basis point impact from $100 million in incremental technology investments. Second-quarter adjusted revenue was $4.96 billion, down 4% year over year, with organic revenue down 5%, which management called the trough for the year. CFO Paul Todd noted that macro conditions in Argentina weakened anticipation revenue, resulting in a 90 basis point year-over-year headwind to adjusted revenue in Q2 and a 60 basis point negative impact to adjusted operating margin. The company expects adjusted revenue growth to improve in Q3 and step up further in Q4 to an exit rate consistent with its medium-term outlook.
Fiserv, Inc.Fiserv cut its 2026 guidance and reduced EPS outlook due to Argentina weakness, hardware headwinds, and client delays.
