Fiserv vs Mastercard: revenue, profit, margins and growth compared
Fiserv brought in $21.2B of revenue in fiscal 2025, Mastercard $32.8B in fiscal 2025. Revenue changed by +3.6% at Fiserv and +16.4% at Mastercard on the year before, so Mastercard grew faster. Fiserv kept 16.4% of its revenue as net profit, Mastercard 45.6%. Free cash flow was $4.3B at Fiserv and $17.2B at Mastercard.
Fiscal years as each company reports them; the two may end in different months.
Questions about Fiserv and Mastercard
Which is bigger by revenue, Fiserv or Mastercard?
Mastercard is bigger by revenue: $32.8B in fiscal 2025, against $21.2B for Fiserv in fiscal 2025.
Which keeps more of its revenue as profit, Fiserv or Mastercard?
Fiserv had a net margin of 16.4% in fiscal 2025; Mastercard had 45.6% in fiscal 2025.
Which grew revenue faster, Fiserv or Mastercard?
In their latest fiscal years revenue changed by +3.6% at Fiserv and +16.4% at Mastercard.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.