Fiserv vs Block
Block reported revenue of $24.2 billion in fiscal 2025, about the same as Fiserv's $21.2 billion in fiscal 2025. Fiserv's revenue grew 3.6% in its latest year, and Block's grew 0.3%. Fiserv had an operating margin of 27.4%, against 7.1% at Block. Free cash flow was $4.3 billion at Fiserv and $2.4 billion at Block.
Side by side
| Fiserv | Block | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $21.2B | $24.2B |
| Revenue growth | 3.6% | 0.3% |
| Revenue growth a year, last 5 years | 7.4% | 20.6% |
| Gross margin | — | 42.8% |
| Operating margin | 27.4% | 7.1% |
| Net margin | 16.4% | 5.4% |
| Free cash flow | $4.3B | $2.4B |
| Free cash flow margin | 20.3% | 10.0% |
| Return on capital | 8.9% | 6.4% |
| Net debt to EBITDA | 3.2x | 0.1x |
| Dividends and buybacks | $0M | $2.3B |
| Change in diluted share count | −5.7% | −2.1% |
| Last close | $48.33 | $74.55 |
| P/E at the last close | 9.3× | 133.1× |
| Insider trades, last 12 months | bought $4.5 million, sold $0 | sold $90.9 million |
| Piotroski F-score | 6 of 8 | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
FiservBlock
Operating margin
Percent of revenue
FiservBlock
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
FiservBlock