Fidelity National Information Services, Inc. (FIS) financials
NYSE · Technology · Information Technology Services · 44,000 employees · CEO Stephanie L. Ferris
- Price
- $29.54
- Market cap
- $15.2B
- Enterprise value
- $35.3B Data as of 2026-11-14
- Last report
- Q3 '26 filed 2026-11-04
- Next report
- 2027-02-23 EPS est. $1.47
Revenue (TTM)$12.9B+23.6% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)17.3%-0.5 pp vs a year agoOperating income $2.24B
Net income (TTM)$3.46B+2,178.9% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$2.37B+20.6% vs a year agoCapex $607M
Diluted EPS (TTM)$6.72+2,435.8% vs a year agoSum of the last 4 quarters
Net cash-$20B-60.3% vs a year agoCash + short-term investments - debt
Valuation & key figures
- Market cap
- $15.2B Updated 28m ago
- Revenue
- $12.9B Trailing 12 months
- Revenue growth
- +26% FY2026 consensus
- Profit margin
- 26.8% Net income / revenue, TTM
- P/E
- 4.4× Forward 5.0× (FY2026)
- P/S
- 1.2× Price / sales, TTM
- EV / EBITDA
- 7.5× TTM
- Free cash flow
- $2.37B Trailing 12 months
- Net income
- $3.46B Trailing 12 months
- Revenue estimate
- $13.5B FY2026 consensus
- Earnings
- 2027-02-23 Revenue est. $3.37B · Updated 28m ago
- Dividend
- $0.44 Per payment · 2026-12-14
Key takeaways
Computed from the reported numbers - every statement carries the figure it rests on.
- Last report (2026-11-04): revenue beat by 0.6%, EPS beat by 0.6%Revenue $3.45B vs $3.43B expected (+0.6%); EPS $1.61 vs $1.60 (+0.6%).
- Revenue growth accelerating: 27.1% year on yearQ3 '26 revenue $3.45B, against an average of 18.3% over the four quarters before.
- Operating margin 17.3% (TTM), -0.5 pp on a year agoOperating income grew 20.3% while revenue grew 23.6%.
- 41.3% of pre-tax profit is non-operatingPre-tax income $3.81B vs operating income $2.24B (TTM). Gains on equity stakes and other one-off items lift net income and EPS - operating income is the cleaner measure of the business.
- Capex 4.7% of revenue (a year ago 1.5%)$607M invested in the last 4 quarters (+296.7% on a year earlier). Free cash flow $2.37B = 68.3% of net income.
- Returned $1.33B to shareholders = 56.2% of free cash flowBuybacks $435M (a year earlier $2.15B), dividends $894M, stock-based pay $147M (TTM).
- Diluted share count down 1.5% in a year517M diluted shares in Q3 '26, 525M a year earlier.
- Net debt $20BCash + short-term investments $740M, debt incl. leases $20.8B; a year ago net debt $12.5B.
Last quarter: Q3 '26
Quarter ended 2026-09-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.
Quarter vs a year ago
| Q3 '26 | Year ago | Change | |
|---|---|---|---|
| Revenue | $3.45B | $2.72B | +27.1% |
| Gross margin | 37.0% | 37.8% | -0.8 pp |
| Operating income | $660M | $459M | +43.8% |
| Operating margin | 19.1% | 16.9% | +2.2 pp |
| Net income | $356M | $264M | +34.8% |
| Diluted EPS | $0.69 | $0.50 | +38.0% |
| Operating cash flow | $976M | $1.01B | -3.5% |
| Capex | $282M | $59M | +378.0% |
| Free cash flow | $694M | $952M | -27.1% |
| R&D | $0 | $0 | – |
| Stock-based compensation | $45M | $0 | – |
Reported vs consensus
2026-11-04| Actual | Consensus | vs consensus | |
|---|---|---|---|
| Revenue | $3.45B | $3.43B | +0.6% |
| EPS (as estimated) | $1.61 | $1.60 | +0.6% |
From the report of 2026-11-04 for Q3 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.
EPS vs consensus
last 8 reportsRevenue
Where the money comes from - by business line and by region, quarter by quarter.
Revenue, operating income and growth
quarterlyRevenue by business line
stacked, quarterly| Segment | Q3 '26 | y/y | Share of listed | TTM | TTM y/y | 12 quarters |
|---|---|---|---|---|---|---|
| Banking Solutions | $2.55B | +34.5% | 75.6% | $9.27B | +29.9% | |
| Capital Market Solutions | $823M | +5.1% | 24.4% | $3.34B | +6.6% |
The listed lines add up to 97.6% of the quarter's revenue ($3.45B); the shares in the table are shares of the listed lines.
Revenue by region
share of the listed regions| Segment | Q3 '26 | y/y | Share of listed | TTM | TTM y/y | 12 quarters |
|---|---|---|---|---|---|---|
| North America | $2.69B | +26.4% | 77.8% | $10B | +23.3% | |
| Non-North America | $768M | +29.7% | 22.2% | $2.91B | +24.9% |
Margins & cost structure
How much of each unit of revenue is left at each level - and where the costs go.
Margins
quarterlyCosts as % of revenue
quarterlyCash flow & capital allocation
Cash generated, what it is spent on, and what reaches shareholders.
Operating cash flow, capex, free cash flow
quarterlyUses of cash vs operating cash flow
fiscal yearsLast 4 quarters
cash flow statement- Operating cash flow
- $2.97B
- Capex
- -$607M
- Buybacks
- -$435M
- Dividends
- -$894M
- Acquisitions
- -$7.86B
- Net debt issued
- $7.75B
- Stock-based compensation
- $147M
- Free cash flow
- $2.37B
- Returned to shareholders / FCF
- 56.2%
Share count and EPS
quarterly, dilutedBalance sheet
Liquidity, investments and debt at each quarter end.
Cash, investments and debt
quarter endsValuation & returns
Today's multiples against the company's own last five fiscal years; analyst targets and ratings.
Multiples and returns
TTM vs 5 fiscal years| Now | 5y average | Where today sits in the 5-year range | |
|---|---|---|---|
| P/E (TTM) | 4.4× | 102.6× 3 of 5 years | 56.9× – 161.2× |
| EV / EBITDA | 7.5× | 17.9× | 16.2× – 21.2× |
| EV / Sales | 2.7× | 5.6× | 4.4× – 6.3× |
| Price / FCF | 6.4× | 14.7× | 8.4× – 22.6× |
| Price / Book | 0.9× | 2.0× | 1.4× – 2.8× |
| FCF yield | 15.5% | 7.7% | 4.4% – 11.9% |
| Return on invested capital | 5.1% | 3.0% | 1.5% – 4.0% |
| Return on equity | 22.3% | -16.7% | -61.4% – 9.2% |
Analysts
Consensus target $42.31 (+43.2%)
range $31.00 – $54.00 · rating Hold
Strong buy1
Buy18
Hold21
Sell1
Strong sell0
Outlook
Analyst consensus for the coming fiscal years and what it implies at today's price.
Consensus estimates
| Fiscal year | Revenue | Growth | EPS | Growth | P/E at today's price | Analysts (EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $13.5B | +26.4% | $5.90 | +686.1% | 5.0× | 16 |
| FY2027 | $13.6B | +0.8% | $5.47 | -7.2% | 5.4× | 18 |
| FY2028 | $13.9B | +2.2% | $5.82 | +6.4% | 5.1× | 9 |
| FY2029 | $14B | +0.7% | $5.71 | -1.9% | 5.2× | 3 |
Financial statements
Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.
Every reported line
All 290 figures Fidelity National Information Services, Inc. tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).
| Line (SEC label) | Latest quarter | Year ago | y/y | Latest FY | Prior FY | y/y |
|---|---|---|---|---|---|---|
| Accounts Payable and Accrued Liabilities, Current | $2.36B | $1.99B | +18.8% | $2.1B | $1.99B | +5.2% |
| Accounts Payable, Trade, Current | $394M | $257M | +53.3% | $192M | $214M | -10.3% |
| Accounts Receivable, Allowance for Credit Loss, Current | $33M | $42M | -21.4% | $24M | $35M | -31.4% |
| Accrual for Taxes Other than Income Taxes, Current | $110M | $93M | +18.3% | $126M | $126M | 0.0% |
| Accrued Salaries, Current | $415M | $363M | +14.3% | $448M | $445M | +0.7% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $1.64B | $1.46B | +12.1% | $1.45B | $1.44B | +0.8% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$544M | -$492M | -10.6% | -$504M | -$364M | -38.5% |
| Additional Paid in Capital | $47.5B | $47.3B | +0.6% | $47.3B | $47.1B | +0.4% |
| Adjustments to Additional Paid in Capital, Other | $0 | – | – | $5M2023-12-31 | – | – |
| Amortization of Debt Issuance Costs | $8M | $4M | +100.0% | $37M | $20M | +85.0% |
| Amortization of Intangible Assets | $193M | $162M | +19.1% | $609M | $641M | -5.0% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 2M2026-06-30 | 2M | 0.0% | 2M2023-12-31 | 3M | -33.3% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $44M | $43M | +2.3% | $180M | $192M | -6.3% |
| Asset Impairment Charges | $0 | $2M | -100.0% | $18M | $52M | -65.4% |
| Assets | $43.7B | $33B | +32.4% | $33.5B | $33.8B | -0.9% |
| Assets, Current | $5.23B | $3.97B | +31.5% | $4.49B | $5.19B | -13.5% |
| Business Combination, Integration Related Costs | $60M | $45M | +33.3% | $136M | $88M | +54.5% |
| Capitalized Computer Software, Accumulated Amortization | $1.82B2026-03-31 | $2.13B | -14.7% | $1.81B | $2.11B | -14.1% |
| Capitalized Computer Software, Amortization | – | – | – | $02024-12-31 | $18M | -100.0% |
| Capitalized Computer Software, Gross | $7.04B2026-03-31 | $4.69B | +50.0% | $4.69B | $4.64B | +1.1% |
| Capitalized Computer Software, Impairments | – | – | – | $0 | $19M | -100.0% |
| Capitalized Computer Software, Net | $5.22B2026-03-31 | $2.56B | +103.9% | $2.88B | $2.53B | +13.9% |
| Capitalized Contract Cost, Amortization | $98M | $93M | +5.4% | $398M | $336M | +18.5% |
| Capitalized Contract Cost, Net | $1.31B | $1.27B | +2.5% | $1.32B | $1.24B | +6.4% |
| Capitalized Contract Cost, Net, Noncurrent | $1.31B | $1.27B | +2.5% | $1.32B | $1.24B | +6.4% |
| Cash and Cash Equivalents, at Carrying Value | $740M | $571M | +29.6% | $599M | $834M | -28.2% |
| Cash Divested from Deconsolidation | $0 | $0 | – | $1.42B | $3.15B | -55.0% |
| Cash Provided by (Used in) Financing Activities, Discontinued Operations | $02025-12-31 | $0 | – | $0 | -$65M | +100.0% |
| Cash Provided by (Used in) Investing Activities, Discontinued Operations | $02025-12-31 | $0 | – | $0 | -$39M | +100.0% |
| Cash Provided by (Used in) Operating Activities, Discontinued Operations | $0 | $0 | – | $208M | -$104M | +300.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $765M | $571M | +34.0% | $599M | $1.95B | -69.2% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$4M | -$10M | +60.0% | -$1.35B | -$2.47B | +45.4% |
| Cash, Including Discontinued Operations | $02025-12-31 | $38M | -100.0% | $0 | $38M | -100.0% |
| Common Stock, Dividends, Per Share, Declared | $0.44 | $0.40 | +10.0% | $1.60 | $1.44 | +11.1% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 750M | 750M | 0.0% | 750M | 750M | 0.0% |
| Common Stock, Shares, Issued | 640M | 636M | +0.6% | 636M | 633M | +0.5% |
| Common Stock, Value, Issued | $6M | $6M | 0.0% | $6M | $6M | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $399M | $171M | +133.3% | $242M | $1.35B | -82.0% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $400M | $172M | +132.6% | $245M | $1.35B | -81.8% |
| Contract with Customer, Asset, after Allowance for Credit Loss | $349M2025-12-31 | $220M | +58.6% | $349M | $220M | +58.6% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent | $233M2025-12-31 | $308M | -24.4% | $233M | $308M | -24.4% |
| Contract with Customer, Liability, Current | $939M | $866M | +8.4% | $957M | $902M | +6.1% |
| Contract with Customer, Liability, Noncurrent | $166M2025-12-31 | $117M | +41.9% | $166M | $117M | +41.9% |
| Contract with Customer, Liability, Revenue Recognized | $138M | $143M | -3.5% | $761M | $728M | +4.5% |
| Cost of Goods and Services Sold | $2.18B | $1.69B | +28.8% | $6.74B | $6.32B | +6.6% |
| Current Federal Tax Expense (Benefit) | – | – | – | $138M | $357M | -61.3% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $141M | $109M | +29.4% |
| Current Income Tax Expense (Benefit) | – | – | – | $320M | $569M | -43.8% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $41M | $103M | -60.2% |
| Debt, Weighted Average Interest Rate | 3.9% | 2.8% | +39.3% | 3.0% | 2.8% | +7.1% |
| Deferred Compensation Liability, Classified, Noncurrent | $163M2025-12-31 | $151M | +7.9% | $163M | $151M | +7.9% |
| Deferred Compensation Plan Assets | $159M2025-12-31 | $161M | -1.2% | $159M | $161M | -1.2% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$23M | -$183M | +87.4% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$40M | $17M | -335.3% |
| Deferred Income Tax Expense (Benefit) | $25M | -$29M | +186.2% | -$31M | -$204M | +84.8% |
| Deferred Income Tax Liabilities, Net | $832M | $1.22B | -32.0% | $1.22B | $863M | +40.8% |
| Deferred Income Taxes and Tax Credits | – | – | – | -$55M | -$207M | +73.4% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $8M | -$41M | +119.5% |
| Deferred Tax Assets, Capital Loss Carryforwards | $136M2025-12-31 | $220M | -38.2% | $136M | $220M | -38.2% |
Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-14