Fidelity National Information Services, Inc.
Business
Fidelity National Information Services (FIS) is a financial technology company providing software solutions and services to financial institutions, businesses, and developers across the money lifecycle. The company offers core banking processing, digital and mobile banking, payment solutions, fraud and risk management, wealth and retirement services, and capital markets solutions including trading, asset servicing, lending, and treasury management. FIS operates through two reportable segments—Banking Solutions and Capital Markets Solutions—serving global financial institutions, regional banks, credit unions, asset managers, securities firms, and corporations worldwide.
Summary from 10-K filed 2026-02-24
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 10,677 | 10,127 | 9,831 | 9,720 | 9,339 | |
| Cost of revenue | 6,741 | 6,323 | 6,175 | 6,259 | 5,990 | |
| Gross profit | 3,936 | 3,804 | 3,656 | 3,461 | 3,349 | |
| Selling, general and administrative expenses | 2,263 | 2,185 | 2,096 | 2,182 | 2,115 | |
| Asset impairments | 18 | 52 | 113 | 103 | 194 | |
| Operating income | 1,741 | 1,709 | 1,447 | 1,176 | 1,040 | |
| Interest income | 24 | 101 | 92 | 17 | 2 | |
| Interest expense | −391 | −351 | −713 | −298 | — | |
| Other income (expense), net | −198 | −162 | −164 | 3 | −109 | |
| Total other income (expense), net | −565 | −412 | −785 | −278 | — | |
| Earnings (loss) before income taxes and equity method investment earnings (loss) | 1,176 | 1,297 | 662 | 898 | 719 | |
| Provision (benefit) for income taxes | 265 | 362 | 157 | 314 | 403 | |
| Equity method investment earnings (loss), net of tax | −526 | −145 | 0 | 0 | 6 | |
| Net earnings (loss) from continuing operations | 385 | 790 | 505 | 584 | 322 | |
| Earnings (loss) from discontinued operations, net of tax | 0 | 663 | −7,153 | −17,324 | 102 | |
| Net earnings (loss) | 385 | 1,453 | −6,648 | −16,740 | 424 | |
| Net (earnings) loss attributable to noncontrolling interest from continuing operations | −3 | −3 | −3 | −8 | −2 | |
| Net (earnings) loss attributable to noncontrolling interest from discontinued operations | 0 | 0 | −4 | −4 | −5 | |
| Net earnings (loss) attributable to FIS | 382 | 1,450 | −6,655 | −16,752 | 417 | |
| Continuing operations | 382 | 787 | 502 | 576 | 320 | |
| Discontinued operations | 0 | 663 | −7,157 | −17,328 | 97 | |
| Continuing operations (in dollars per share) | 0.73 | 1.42 | 0.85 | 0.95 | 0.52 | |
| Discontinued operations (in dollars per share) | 0 | 1.2 | −12.11 | −28.69 | 0.16 | |
| Basic earnings (loss) per common share attributable to FIS (in dollars per share) | 0.73 | 2.62 | −11.26 | −27.74 | 0.68 | |
| Continuing operations (in dollars per share) | 0.73 | 1.42 | 0.85 | 0.95 | 0.52 | |
| Discontinued operations (in dollars per share) | 0 | 1.19 | −12.11 | −28.69 | 0.16 | |
| Diluted earnings (loss) per common share attributable to FIS (in dollars per share) | 0.73 | 2.61 | −11.26 | −27.74 | 0.67 | |
| Basic (in shares) | 523 | 553 | 591 | 604 | 616 | |
| Diluted (in shares) | 525 | 555 | 591 | 604 | 621 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 599 | 834 | 440 | 456 | 2,010 | |
| Settlement assets | 515 | 479 | 617 | 592 | 4,020 | |
| Other receivables | 432 | 160 | 109 | — | — | |
| Prepaid expenses and other current assets | 959 | 638 | 641 | 509 | 551 | |
| Current assets held for sale | 0 | 1,115 | 10,111 | 8,990 | — | |
| Total current assets | 4,488 | 5,186 | 13,656 | 12,818 | 10,708 | |
| Property and equipment, net | 691 | 646 | 695 | 709 | 949 | |
| Goodwill | 17,762 | 17,260 | 16,971 | 16,816 | 16,927 | |
| Intangible assets, net | 959 | 1,318 | 1,823 | 2,468 | 11,539 | |
| Software, net | 2,876 | 2,526 | 2,115 | 2,055 | 3,299 | |
| Equity method investment | 3,681 | 3,858 | 0 | — | — | |
| Other noncurrent assets | 1,710 | 1,749 | 1,528 | 1,675 | 2,137 | |
| Deferred contract costs, net | 1,321 | 1,241 | 1,076 | 973 | 969 | |
| Total assets | 33,488 | 33,784 | 54,973 | 63,278 | 82,931 | |
| Accounts payable, accrued and other liabilities | 2,097 | 1,994 | 1,773 | 1,583 | 2,864 | |
| Settlement payables | 549 | 500 | 635 | 613 | 5,295 | |
| Deferred revenue | 957 | 902 | 829 | 777 | 779 | |
| Short-term borrowings | 2,729 | 636 | 4,760 | 3,755 | 3,911 | |
| Current portion of long-term debt | 1,284 | 968 | 1,348 | 2,130 | 1,617 | |
| Current liabilities held for sale | 0 | 1,094 | 8,884 | 7,366 | — | |
| Total current liabilities | 7,616 | 6,094 | 18,229 | 16,224 | 14,466 | |
| Long-term debt, excluding current portion | 9,069 | 9,686 | 12,970 | 14,206 | 14,825 | |
| Deferred income taxes | 1,215 | 863 | 2,179 | 2,689 | 4,193 | |
| Other noncurrent liabilities | 1,686 | 1,441 | 1,446 | 1,382 | 1,915 | |
| Total liabilities | 19,586 | 18,084 | 35,917 | 35,872 | 35,399 | |
| Preferred stock, $0.01 par value, 200 shares authorized, none issued and outstanding as of December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.01 par value, 750 shares authorized, 636 and 633 shares issued as of December 31, 2025 and 2024, respectively | 6 | 6 | 6 | 6 | 6 | |
| Additional paid in capital | 47,317 | 47,129 | 46,933 | 46,735 | 46,466 | |
| (Accumulated deficit) retained earnings | −22,718 | −22,257 | −22,905 | −14,971 | 2,889 | |
| Accumulated other comprehensive earnings (loss) | −504 | −364 | −260 | −360 | 252 | |
| Treasury stock, $0.01 par value, 122 and 102 common shares as of December 31, 2025 and 2024, respectively, at cost | −10,202 | −8,816 | −4,724 | −4,192 | −2,266 | |
| Total FIS stockholders equity | 13,899 | 15,698 | 19,050 | 27,218 | 47,347 | |
| Noncontrolling interest | 3 | 2 | 6 | 8 | 11 | |
| Total equity | 13,902 | 15,700 | 19,056 | 27,186 | 47,350 | |
| Total liabilities and equity | 33,488 | 33,784 | 54,973 | 63,278 | 82,931 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net earnings (loss) from continuing operations | 385 | 790 | 505 | 584 | — | |
| Depreciation and amortization | 1,883 | 1,737 | 1,744 | 1,878 | 4,015 | |
| Amortization of debt issuance costs | 37 | 20 | 29 | 31 | 30 | |
| Asset impairments | 18 | 52 | 113 | 103 | 202 | |
| Loss on extinguishment of debt | 0 | 174 | 0 | 0 | 528 | |
| Loss (gain) on sale of businesses, investments and other | 119 | 62 | 97 | −49 | −227 | |
| Stock-based compensation | 181 | 186 | 120 | 189 | 383 | |
| Deferred income taxes | −31 | −204 | −415 | −388 | −81 | |
| Trade and other receivables | −246 | −94 | 341 | −247 | −552 | |
| Receivable from related party | 44 | −84 | 0 | 0 | — | |
| Settlement activity | 14 | 2 | −3 | 3 | — | |
| Prepaid expenses and other assets | −135 | −205 | −155 | −72 | −526 | |
| Deferred contract costs | −469 | −509 | −418 | −415 | −453 | |
| Deferred revenue | 64 | 31 | 29 | 21 | 23 | |
| Accounts payable, accrued liabilities, and other liabilities | 218 | 72 | 91 | −16 | 391 | |
| Net cash provided by operating activities from continuing operations | 2,608 | 2,175 | 2,078 | 1,622 | — | |
| Additions to property and equipment | −154 | −97 | −115 | −227 | −320 | |
| Additions to software | −835 | −720 | −665 | −769 | −931 | |
| Acquisitions, net of cash acquired | −573 | −514 | −202 | 0 | −767 | |
| Net proceeds from sale of businesses and investments | 0 | 12,833 | 45 | 50 | — | |
| Cash divested from sale of business | −1,417 | −3,150 | 0 | 0 | — | |
| Settlement of net investment hedge cross-currency interest rate swaps | 0 | −8 | −20 | 726 | — | |
| Coupon payments on interest rate swaps | −112 | −122 | −28 | 0 | — | |
| Distributions from equity method investments | 147 | 47 | 0 | — | — | |
| Other investing activities, net | −98 | −91 | −24 | −6 | −99 | |
| Net cash provided by (used in) investing activities | −3,042 | 8,178 | −1,009 | −226 | — | |
| Borrowings | 55,428 | 25,430 | 93,087 | 75,293 | 54,073 | |
| Repayment of borrowings and other financing arrangements | −54,348 | −33,175 | −94,444 | −74,304 | −53,440 | |
| Debt issuance costs | −30 | −6 | −3 | −23 | −74 | |
| Net proceeds from stock issued under stock-based compensation plans | 8 | 3 | 41 | 57 | 121 | |
| Treasury stock activity | −1,425 | −4,045 | −522 | −1,938 | −2,114 | |
| Dividends paid | −847 | −800 | −1,231 | — | — | |
| Purchase of noncontrolling interest | 0 | 0 | −173 | 0 | 0 | |
| Other financing activities, net | 35 | 43 | −7 | −20 | −58 | |
| Net cash provided by (used in) financing activities | −1,179 | −12,550 | −3,252 | −2,073 | — | |
| Net cash provided by (used in) operating activities | 208 | −104 | 2,257 | 2,317 | — | |
| Net cash provided by (used in) investing activities | 0 | −39 | −342 | −147 | — | |
| Net cash provided by (used in) financing activities | 0 | −65 | −241 | −500 | — | |
| Net cash provided by (used in) discontinued operations | 208 | −208 | 1,674 | 1,670 | — | |
| Effect of foreign currency exchange rate changes on cash from continuing operations | 58 | −31 | 5 | −42 | −248 | |
| Effect of foreign currency exchange rate changes on cash from discontinued operations | 0 | −32 | 105 | −421 | — | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | −1,347 | −2,468 | −399 | 530 | 253 | |
| Cash paid for interest | 401 | 396 | 696 | 417 | 491 | |
| Cash paid for income taxes, net of refunds | 628 | 488 | 402 | 963 | 440 |
Filings
Material Events
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Institutional Holders
Frequently asked questions
What is Fidelity National Information Services, Inc.'s CIK number?
Fidelity National Information Services, Inc.'s SEC CIK number is 0001136893 (1136893). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Fidelity National Information Services, Inc.'s SEC filings?
All of Fidelity National Information Services, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Fidelity National Information Services, Inc. last report earnings?
Fidelity National Information Services, Inc. (FIS) most recently filed an earnings 8-K with the SEC on May 8, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001136893-26-000038). This is Fidelity National Information Services, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Fidelity National Information Services, Inc.'s most recent earnings 8-K?
Fidelity National Information Services, Inc.'s latest earnings 8-K (Item 2.02) was filed May 8, 2026 under accession 0001136893-26-000038. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Fidelity National Information Services, Inc.'s latest earnings 8-K →
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