Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 5.22B | 2.1% |
| Gross Profit | 3.04B | 7.8% |
| Cost of Revenue | 2.17B | 4.9% |
| Operating expense | 2.17B | 4.9% |
| Net Income | 564M | 36.9% |
| EBITDA | 1.54B | 22.7% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 79.8B | 14.6% |
| Total Liabilities | 51.4B | 20.5% |
| Total Equity | 27.8B | 1.4% |
| Shares Outstanding | 574M | 1.5% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 2.24B | 66.9% |
| Cash from investing | -533M | 34.2% |
| Cash from financing | -1.07B | 15.8% |
EPS
Financial Highlights for Fiserv in Q3 '24
Fiserv reported a revenue of 5.22B, which is a 2.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 3.04B, marking a 7.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.17B, a -4.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 2.17B, showing a -4.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 564M, showing a -36.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.54B, showing a -22.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Fiserv faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. A decline in EBITDA signals potential operational challenges or increased costs.
