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Fiserv vs PDD: revenue, profit, margins and growth compared

Fiserv brought in $21.2B of revenue in fiscal 2025, PDD $61.8B in fiscal 2025. Revenue changed by +3.6% at Fiserv and +14.5% at PDD on the year before, so PDD grew faster. Fiserv kept 16.4% of its revenue as net profit, PDD 22.7%.

Side by side, latest fiscal year

FISVPDD
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$21.2B$61.8B
Revenue growth+3.6%+14.5%
Net income$3.5B$14B
Net margin16.4%22.7%
Free cash flow$4.3Bn/a
Free cash flow margin20.3%n/a
Earnings per share (diluted)$6.34$2.36
Cash$798M$15.6B
Debt$29Bn/a
Price to earnings7.3n/a
Market value$24.7B$110.4B
Dividend yieldn/an/a
Rank by revenue in sector#56 of 778 · Consumer discretionary#14 of 778 · Consumer discretionary

Over the years

Revenue
FISV FY2018: $5.8BFISV FY2019: $10.2BFISV FY2020: $14.9BFISV FY2021: $16.2BFISV FY2022: $17.7BFISV FY2023: $19.1BFISV FY2024: $20.5BFISV FY2025: $21.2BPDD FY2018: $1.9BPDD FY2019: $4.3BPDD FY2020: $9.1BPDD FY2020: $14.7BPDD FY2022: $18.9BPDD FY2023: $34.9BPDD FY2024: $54BPDD FY2025: $61.8BFY18FY19FY20FY21FY22FY23FY24FY25
FISV $21.2BPDD $61.8B
Net income
FISV FY2018: $1.2BFISV FY2019: $893MFISV FY2020: $958MFISV FY2021: $1.3BFISV FY2022: $2.5BFISV FY2023: $3.1BFISV FY2024: $3.1BFISV FY2025: $3.5BPDD FY2018: -$1.5BPDD FY2019: -$1BPDD FY2020: -$1.1BPDD FY2020: $1.2BPDD FY2022: $4.6BPDD FY2023: $8.5BPDD FY2024: $15.4BPDD FY2025: $14BFY18FY19FY20FY21FY22FY23FY24FY25
FISV $3.5BPDD $14B
Net margin
FISV FY2018: 20.4%FISV FY2019: 8.8%FISV FY2020: 6.5%FISV FY2021: 8.2%FISV FY2022: 14.3%FISV FY2023: 16.1%FISV FY2024: 15.3%FISV FY2025: 16.4%PDD FY2018: -77.9%PDD FY2019: -23.1%PDD FY2020: -12.1%PDD FY2020: 8.3%PDD FY2022: 24.2%PDD FY2023: 24.2%PDD FY2024: 28.5%PDD FY2025: 22.7%FY18FY19FY20FY21FY22FY23FY24FY25
FISV 16.4%PDD 22.7%
Revenue growth
FISV FY2019: +74.9%FISV FY2020: +45.8%FISV FY2021: +9.3%FISV FY2022: +9.3%FISV FY2023: +7.6%FISV FY2024: +7.1%FISV FY2025: +3.6%PDD FY2019: +126.9%PDD FY2020: +110.6%PDD FY2020: +61.7%PDD FY2022: +28.4%PDD FY2023: +84.3%PDD FY2024: +54.7%PDD FY2025: +14.5%FY19FY20FY21FY22FY23FY24FY25
FISV +3.6%PDD +14.5%
Free cash flow
FISV FY2018: $1.2BFISV FY2019: $2.1BFISV FY2020: $3.2BFISV FY2021: $2.9BFISV FY2022: $3.1BFISV FY2023: $3.8BFISV FY2024: $5.1BFISV FY2025: $4.3BPDD FY2018: $1.1BPDD FY2019: $2.1BPDD FY2020: $4.3BFY18FY19FY20FY21FY22FY23FY24FY25
FISV $4.3BPDD $4.3B

Fiscal years as each company reports them; the two may end in different months.

Questions about Fiserv and PDD

Which is bigger by revenue, Fiserv or PDD?

PDD is bigger by revenue: $61.8B in fiscal 2025, against $21.2B for Fiserv in fiscal 2025.

Which keeps more of its revenue as profit, Fiserv or PDD?

Fiserv had a net margin of 16.4% in fiscal 2025; PDD had 22.7% in fiscal 2025.

Which grew revenue faster, Fiserv or PDD?

In their latest fiscal years revenue changed by +3.6% at Fiserv and +14.5% at PDD.

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.

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