Pricing Log in Create free account
Friday 6 November 2026 Export FIS’s income statement to Excel — free account

Fidelity National Information Services, Inc.

FIS Technology Information Technology Services

Fidelity National Information Services, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $10.7 billion, up 5.43% from fiscal 2024.

Revenue
+27.1%
EPS
+35.7%
Free cash flow
+22.5%
Total debt
+54.4%

Quarter to September 2026, against a year earlier

29.29 0.47 −1.58%
Market cap
$15.4B
P/E
4.4×
Fwd P/E
5.8×
Dividend yield
5.87%
F-score
5/9
Altman Z
0.49
Beneish M
−2.68
Dividend safety
24/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Revenue by segment Fiscal 2025

  • Banking Solutions
  • Capital Market Solutions
  • Corporate and Other

Every year since 2016 →

Insider Decisions last twelve months

Bought, $m 1.23
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — 1 — 1 1 — — 1 — — 1 —
Sell — — — — — — — — — — — —
Insider Ownership 0.21%

Capital & Financial Ratios $m

Size
Market Cap 15,350.00
Revenue ttm 12,938.00
Net income ttm 3,467.00
Free cash flow ttm 1,818.00
Net debt Q 16,125.00
Valuation
P/E 4.36
Forward P/E 5.75
Price / sales 1.17
Forward P/S Powerpack
Price / FCF 8.31
Price / book 0.93
Financial health
Current ratio Q 0.55 (below 1: weak)
Debt / equity Q 1.04
Interest coverage Q 3.32
Growth
Revenue growth Q +27.13% (above 0%: growing)
Operating income growth Q +44.42% (above 0%: growing)
EPS, this year +5.57%
EPS, next year A +1.89%
Revenue, next year A +27.95% (at or above 10%: strong)
EPS, past 5 yrs +23.90% (at or above 15%: strong)
EPS, next 5 yrs A +5.13%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.4×, against a ten-year median of 5.4×; over the ten years it ranged from 2.4× in 2026 to 9.5× in 2019.
P/E against its own 10 years 0.04%
10-year low 10-year high
P/S against its own 10 years 0.04%
10-year low 10-year high
P/B against its own 10 years 1.25%
10-year low 10-year high
EV/Sales against its own 10 years 0.04%
10-year low 10-year high
EV/FCF against its own 10 years 0.04%
10-year low 10-year high

Dividends

Yield
5.87%
Annual rate
1.72
Payout ratio
25.7%
Growth, 2017–25
+4.10%/yr
  1. 1.16 ’17
  2. 1.28 ’18 +10
  3. 1.40 ’19 +9
  4. 1.40 ’20 +0
  5. 1.56 ’21 +11
  6. 1.88 ’22 +21
  7. 2.60 ’23 +38
  8. 1.44 ’24 −45
  9. 1.60 ’25 +11
  10. 1.73 ’26e +8
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 440 834 599 740
Receivables 2,464 2,599 2,930 3,191
Inventory — — — —
Other 10,111 1,115 — —
13,656 5,186 4,488 5,225
2023 2024 2025 Q'26
Payables 1,773 1,994 2,097 2,361
ST’ Debt 1,348 968 1,284 1,732
Other 8,884 1,094 — —
18,229 6,094 7,616 9,574

Compound Annual Growth %

10y 5y 3y
Sales 4.93% (3.18%) 3.18%
Cash Flow 8.71% (10.10%) 17.15%
Earnings (4.91%) 19.31% 0.00%
Book Value 3.98% (22.37%) (20.07%)

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate 1.47 Actual 1.48

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY25 1.48 1.51 Beat by 0.03
Q4 FY25 1.69 1.68 Miss by 0.01
Q1 FY26 1.28 1.36 Beat by 0.08
Q2 FY26 1.47 1.48 Beat by 0.01
Q3 FY26 1.61 — Reports 4 November 2026

EPS $

Mar Jun Sep Dec Year
’26 4.58 0.45 0.69 — —
’25 0.15 (0.90) 0.50 0.98 0.73
’24 1.25 0.43 0.41 0.52 2.61
’23 0.24 (11.14) (0.76) 0.42 (11.26)
’22 0.20 0.45 0.41 (29.28) (27.68)
’21 (0.60) 0.55 0.26 0.47 0.67
’20 0.02 0.03 0.03 0.16 0.25
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 3,295 3,377 3,454 — —
’25 2,532 2,616 2,717 2,812 10,677
’24 2,468 2,490 2,570 2,599 10,127
’23 2,397 2,424 2,492 2,518 9,831
’22 3,492 3,719 2,415 94 9,720
’21 3,223 3,475 3,507 (866) 9,339
’20 3,078 2,962 3,197 3,315 12,552
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 713 494 976 — —
’25 457 382 1,011 758 2,608
’24 206 546 641 782 2,175
’23 291 476 534 777 2,078
’22 896 1,024 878 (1,176) 1,622
’21 836 1,028 1,833 1,113 4,810
’20 383 1,230 1,411 1,418 4,442
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 452 238 694 — —
’25 224 164 797 434 1,619
’24 4 363 397 594 1,358
’23 98 298 321 581 1,298
’22 484 684 547 (1,089) 626
’21 538 713 1,569 739 3,559
’20 77 969 1,140 1,127 3,313
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 5.2% a year for ten years. It grew 4.3% a year over the last ten.

Implied
5.2%
10 years, reported
4.3%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 8,831 8,668 8,423 10,333 12,552 9,339 9,720 9,831 10,127 10,677 12,938 +2.1% 13,661 14,242 14,825 +11.6%
Gross margin, % 33.25 33.16 33.88 36.03 33.49 35.86 35.61 37.19 37.56 36.86 35.85 +3.6 pt
EBT 837 976 1,104 413 266 719 898 662 1,297 1,176 1,433 +3.9%
EBT margin, % 9.48 11.26 13.11 4.00 2.12 7.70 9.24 6.73 12.81 11.01 11.08 +1.5 pt
Net income 547 1,294 881 303 164 424 (16,740) (6,648) 1,453 385 3,467 (3.8%)
Per share, $
Per share, $ Revenue 27.09 26.27 25.68 23.22 20.28 15.16 16.09 16.63 18.31 20.41 25.07 (3.1%)
Earnings 1.74 4.00 2.58 0.67 0.26 0.68 (27.68) (11.26) 2.62 0.73 6.72 (9.2%)
Cash flow 5.90 5.28 6.08 5.42 7.18 7.81 2.69 3.52 3.93 4.99 5.70 (1.9%)
Capex (1.89) (1.86) (1.90) (1.86) (1.82) (2.03) (1.65) (1.32) (1.48) (1.89) (2.18) 0.0%
Free cash flow 4.02 3.42 4.18 3.56 5.35 5.78 1.04 2.20 2.46 3.10 3.52 (2.8%)
Book value 30.20 32.79 31.16 111.14 79.67 76.88 45.08 32.24 28.39 26.58 31.46 (1.4%)
Shares, m 326 330 328 445 619 616 604 591 553 523 518 +5.4%
Valuation, ×
Valuation, × P/E 46.98 23.54 39.75 141.93 565.84 158.19 0.00 0.00 30.71 88.61 4.36 109.6
P/S 2.84 3.57 3.99 5.99 6.98 7.20 4.26 3.67 4.41 3.26 1.17 4.6
P/B 2.55 2.86 3.29 1.25 1.78 1.42 1.52 1.89 2.85 2.50 0.93 2.2
EV/Sales 3.95 4.50 4.95 7.56 8.20 8.74 5.89 5.08 5.38 4.17 2.41 5.8
EV/FCF 26.65 34.59 30.38 49.38 31.05 22.95 91.50 38.45 40.12 27.49 17.18 39.3
Cash, $m
Cash, $m Operating cash flow 1,925 1,741 1,993 2,410 4,442 4,810 1,622 2,078 2,175 2,608 2,941 +3.4%
Capex (616) (613) (622) (828) (1,129) (1,251) (996) (780) (817) (989) (1,123) +5.4%
Free cash flow 1,309 1,128 1,371 1,582 3,313 3,559 626 1,298 1,358 1,619 1,818 +2.4%
Balance, $m
Balance, $m Working capital 1,131 (323) 608 (1,690) (2,463) (3,758) (3,406) (4,573) (908) (3,128) (4,349) n/m
Net debt 9,795 8,098 8,015 16,217 15,306 14,432 15,880 13,878 9,820 9,754 16,125 0.0%
Shareholders’ equity 9,845 10,820 10,222 49,456 49,313 47,358 27,226 19,056 15,700 13,902 16,231 +3.9%
Returns, %
Returns, % ROA 2.01 4.99 3.50 0.55 0.19 0.50 (22.92) (11.26) 3.27 1.14 9.02 (0.9) pt
ROIC 3.91 4.73 5.00 0.92 0.53 1.05 1.71 2.75 4.19 4.60 4.09 +0.7 pt
ROE 5.45 12.20 8.04 1.00 0.32 0.86 (44.92) (28.76) 8.34 2.58 23.02 (2.9) pt
People
People Employees 55,000 53,000 47,000 55,000 62,000 65,000 69,000 60,000 50,000 44,000 — (2.4%)
Revenue/emp, $m 0.16 0.16 0.18 0.19 0.20 0.14 0.14 0.16 0.20 0.24 — +4.7%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Business profile

Updated

Fidelity National Information Services, known as FIS, provides financial technology to financial institutions, businesses and developers. It was founded on 2006-02-01 and is headquartered in Jacksonville, Florida. Stephanie Ferris is its chief executive officer and president.

FIS helps banks maintain customer accounts, process transactions and offer digital banking. Its software supports activities such as deposits, lending, fraud detection and regulatory compliance. Banks can buy a bundle of services or individual applications, and some digital products work with core banking systems supplied by other companies.

Where the money comes from and where it goes Fiscal 2025

Fiscal 2025: revenue by segment, and margins
Banking Solutions 7,285 68.23%
Capital Market Solutions 3,196 29.93%
Corporate and Other 196 1.84%
Gross margin 36.86%
Operating margin 16.31%
Pre-tax margin 11.01%

Revenue by segment since 2016

Fidelity National Information Services, Inc. vs peers in Information Technology Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BR Broadridge Financial Solutions, Inc. $21.4B 21.3× 19.4× +4.99% (above 0%: growing) −40.82% (below 0%: shrinking) +500.79% (above 0%: growing) 25.67% 10.40% Compare
WIT Wipro Limited $21.4B 18.2× — +1.02% (above 0%: growing) 0.00% +50.60% (above 0%: growing) 28.84% 16.42% Compare
CDW CDW Corporation $21.1B 18.6× 17.6× +17.73% (above 0%: growing) +11.55% (above 0%: growing) +24.62% (above 0%: growing) 20.51% 7.25% Compare
LDOS Leidos Holdings, Inc. $17.0B 12.0× 13.1× +3.60% (above 0%: growing) +16.05% (above 0%: growing) +67.40% (above 0%: growing) 17.71% 11.94% Compare
FIS Fidelity National Information Services, Inc. $15.4B 4.4× 5.8× +27.13% (above 0%: growing) +35.67% (above 0%: growing) +22.46% (above 0%: growing) 37.03% 19.11%
CACI CACI International, Inc. $14.0B 24.7× 25.4× +8.17% (above 0%: growing) +4.06% (above 0%: growing) −2.66% (below 0%: shrinking) 35.44% 10.00% Compare
WSE WISE GROUP PLC $13.7B — — — — — — — Compare
IT Gartner, Inc. $13.1B 14.1× 16.8× −1.27% (below 0%: shrinking) +615.62% (above 0%: growing) +2.19% (above 0%: growing) 71.22% 18.68% Compare
JKHY Jack Henry & Associates, Inc. $12.6B 25.9× 21.8× +8.81% (above 0%: growing) −10.29% (below 0%: shrinking) −9.65% (below 0%: shrinking) 46.40% 29.52% Compare
Median of peers $15.5B 18.6× 18.5× +4.99% +4.06% +24.62% 28.84% 11.94%

All 81 Information Technology Services stocks →

From the latest earnings call

Updated

  • CEO Stephanie Ferris said larger clients had delayed conversions, while demand was shifting from traditional licenses toward subscription products and cyber protection.
  • CFO James Kehoe said FIS lowered its 2026 outlook and outlined a preliminary 2027 framework reflecting lower non-recurring revenue and security investment.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 98.80%
Held by the ten largest 57.82%
Holder Shares Stake Change
Vanguard 63.55m 12.32% +628.73k
Dodge & Cox 49.07m 9.51% −4.08k
BlackRock 44.50m 8.63% −12.51m
Capital Group 39.04m 7.57% +20.14m
JPMorgan Chase 26.59m 5.16% −11.13m
State Street 25.81m 5.00% +524.85k
Charles Schwab 16.31m 3.16% +4.02m
Geode Capital Management 14.27m 2.77% +618.32k
FULLER & THALER ASSET MANAGEMENT, INC. 11.13m 2.16% +8.19m
Norges Bank 7.90m 1.53% +7.90m
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Fidelity National Information Services, Inc. (FIS) Latest News

5 Nov

Impact 3 · · Simply Wall St.

4 Nov

Impact 3 · · Simply Wall St.
Impact 3 · · The Motley Fool
Impact 3 · · MT Newswires
Impact 3 · · Moby
Impact 3 · · The Motley Fool transcript
Impact 3 · · Zacks
Impact 3 · · Business Wire

29 Oct

Impact 3 · · Zacks

28 Oct

Impact 3 · · Zacks

27 Oct

Impact 3 · · Insider Monkey

25 Oct

Impact 3 · · Barchart

22 Oct

Impact 4 · · Business Wire

16 Oct

Impact 4 · · Zacks

15 Oct

Impact 4 · · Simply Wall St.
Impact 4 · · Business Wire

12 Oct

Impact 4 · · Zacks
Impact 4 · · Business Wire

8 Oct

Impact 3 · · Zacks

7 Oct

Impact 3 · · Business Wire

4 Oct

Impact 4 · · Simply Wall St.

30 Sep

Impact 3 · · Business Wire

28 Sep

Impact 4 · · Business Wire

25 Sep

Impact 4 ·

24 Sep

Impact 4 ·

23 Sep

Impact 4 · · 24/7 Wall St.

22 Sep

Impact 3 · · Business Wire

17 Sep

Impact 4 ·
Impact 3 ·

15 Sep

Impact 4 ·

FIS metrics, ten years each

stockrow.com/FIS · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com