v3.25.1
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue $ 5,130 $ 4,883
Selling, general and administrative 1,682 1,697
Net gain on sale of other assets (20) 0
Total expenses 3,735 3,702
Operating income 1,395 1,181
Interest expense, net (331) (261)
Other expense, net (18) (7)
Income before income taxes and loss from investments in unconsolidated affiliates 1,046 913
Income tax provision (190) (153)
Loss from investments in unconsolidated affiliates (8) (8)
Net income 848 752
Less: net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interest (3) 17
Net income attributable to Fiserv, Inc. $ 851 $ 735
Net income attributable to Fiserv, Inc. per share:    
Basic (in dollars per share) $ 1.52 $ 1.24
Diluted (in dollars per share) $ 1.51 $ 1.24
Shares used in computing net income attributable to Fiserv, Inc. per share:    
Basic (in shares) 561.3 590.9
Diluted (in shares) 564.7 594.8
Processing and services    
Revenue [1] $ 4,045 $ 4,000
Cost of goods sold and services 1,389 1,354
Product    
Revenue 1,085 883
Cost of goods sold and services $ 684 $ 651
[1] Includes processing and other fees charged to related party investments accounted for under the equity method of $36 million and $40 million for the three months ended March 31, 2025 and 2024, respectively (see Note 19).

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