FIS Q2 revenue rises 29% on acquisition boost

Fidelity National Information Services

04/08/2026 12:54

Overview
US financial technology provider's Q2 revenue grew 29% yr/yr, meeting analyst expectations
Adjusted EPS for Q2 rose 8.8%, beating analyst expectations
Company attributes growth to Total Issuing Solutions acquisition and favorable revenue mix

Outlook
FIS sees full-year 2026 revenue at $13.63 - $13.70 bln
Company projects 2026 adjusted EPS of $6.15 - $6.24
FIS lowers pro forma revenue growth outlook to 4.5 - 5.0% for 2026

Result Drivers
ACQUISITION IMPACT - Co said Total Issuing Solutions acquisition contributed to revenue and margin growth, especially in Banking Solutions
RECURRING REVENUE - Recurring revenue growth supported results in both Banking and Capital Market Solutions segments
COST MANAGEMENT - Margin expansion in Banking Solutions attributed to favorable revenue mix and continued cost management

Company press release: ID:nBw1mB3Q1a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Meet
$3.38 bln
$3.38 bln (20 Analysts)
Q2 Adjusted EPS
Beat
$1.48
$1.47 (24 Analysts)
Q2 Adjusted Net Income
Slight Miss*
$763 mln
$766.09 mln (15 Analysts)
Q2 Adjusted EBITDA
Meet
$1.41 bln
$1.41 bln (18 Analysts)
Q2 Adjusted EBITDA Margin
 
41.70%
 
*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 16 "strong buy" or "buy", 11 "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 $55.00, about 22.8% above its August 3 closing price of $44.78
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 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.)