Fidelity National Q1 revenue rises, slightly beats estimates

Fidelity National Information Services

08/05/2026 12:37

Overview

US financial technology firm's Q1 revenue rose 30%, slightly beating analyst expectations

Adjusted EPS for Q1 increased 12%, beating analyst expectations

Growth driven by Total Issuing Solutions acquisition, favorable mix and cost savings

Outlook

FIS reiterates 2026 revenue outlook of $13.77 bln to $13.85 bln

Company expects 2026 adjusted EPS of $6.22 to $6.32

FIS targets 2026 free cash flow of $2.05 bln to $2.15 bln

Result Drivers

ACQUISITION IMPACT - Co said acquisition of Total Issuing Solutions drove high-margin growth in Banking Solutions

FAVORABLE MIX AND COST SAVINGS - Co attributed margin expansion in Banking and Capital Market Solutions to favorable mix and cost savings

RECURRING REVENUE GROWTH - Co said recurring revenue growth, especially in transaction processing and services, contributed to overall revenue performance

Company press release: ID:nBw8DYG8Fa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$3.30 bln
$3.28 bln (21 Analysts)
Q1 Adjusted EPS
Beat
$1.36
$1.29 (22 Analysts)
Q1 Adjusted Net Income
Beat
$705 mln
$665.88 mln (16 Analysts)
Q1 Adjusted EBITDA
Beat
$1.30 bln
$1.28 bln (20 Analysts)
Q1 Adjusted EBITDA Margin
39.60%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the financial technology (fintech) peer group is "buy"

Wall Street's median 12-month price target for Fidelity National Information Services Inc is $66.00, about 39.7% above its May 7 closing price of $47.25

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)