Fidelity National Information Services (FIS)
NYSE:FIS
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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.47Last Year’s EPS
1.36Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong financial and commercial momentum: revenue and EBITDA outperformance, meaningful margin expansion, a more-than-doubled free cash flow, strong ACV growth across key vectors, and strategic partnerships (Anthropic, Project Keystone, Lyriq) that position FIS for AI and digital asset opportunities. Near-term challenges are noted but largely transitory or timing-related: Capital Markets lending softness, license timing effects, limited 2026 contribution from new AI agents, and slow initial realization of TSYS synergies. Balance sheet leverage remains elevated but management has a clear deleveraging plan. Overall, positives around execution, cash flow and strategic positioning materially outweigh the limited, largely temporary headwinds.Company Guidance
Pro Forma Revenue and Profitability Beat
Pro forma revenue grew 6.5% year-over-year, above expectations; pro forma EBITDA grew 9.4% with adjusted EBITDA margin of 39.6% and margin expansion of 87 basis points year-over-year.
Earnings and Cash Flow Strength
Adjusted EPS was $1.36, up 12.4% year-over-year. Free cash flow was $474 million, up 111% versus prior year and representing 23% of the full-year guide of $2.1 billion despite Q1 historically being ~13–14% of annual cash flow.
Recurring ACV and Commercial Momentum
Recurring ACV increased 24% year-over-year, signaling strong commercial momentum. Banking recurring ACV up 13% and Capital Markets ACV up ~45%; Money Movement Hub ACV tripled, Lending ACV up 63%, and Digital ACV up 25%.
Banking Solutions Outperformance
Banking Solutions pro forma revenue increased 7.7% with banking up 10% and payments up 5.9%. Recurring revenue in the segment grew 5.2% and now accounts for 85% of segment revenue; segment pro forma EBITDA advanced 15% with margins expanding 240 basis points.
Capital Markets Profitability
Capital Markets pro forma revenue increased 2.9% (including a 125-basis-point timing benefit from an earlier license sale); segment EBITDA advanced 7.9% with margin expansion of 160 basis points to a 51.6% margin.
Reiterated and Confident Full-Year Targets
Company reiterated full-year guidance: pro forma revenue growth target 5.1%–5.7%; pro forma margin expansion target 95–110 basis points; adjusted EPS growth target 8%–10%; full-year free cash flow target $2.1 billion.
Long-Term Cash Flow and Deleveraging Roadmap
Longer-term goal to double free cash flow by 2028 to >$3 billion and add ~$1 billion of FCF from 2026–2028, with a plan to delever toward a 2.8x leverage target from current total debt of $21 billion and 3.6x leverage.
Strategic AI and Digital Asset Partnerships and Products
Announced a strategic co-build with Anthropic for financial-crimes AI agents (FIS owns the agents and distribution), launched a data & AI platform, Lyriq digital asset platform, and Project Keystone tokenized deposit network with 5 U.S. banks; strong industry reception at client conference with ~4,000 attendees.
Return of Capital and Balance Sheet Actions
Returned $260 million to shareholders in the quarter (primarily dividends) while improving cash flow and retaining deleveraging focus.
FIS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FIS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2026 | $46.72 | $43.00 | -7.96% |
Feb 24, 2026 | $46.52 | $47.16 | +1.37% |
Nov 05, 2025 | $61.53 | $63.09 | +2.53% |
Aug 05, 2025 | $76.48 | $69.96 | -8.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Fidelity National Information Services (FIS) report earnings?
Fidelity National Information Services (FIS) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Fidelity National Information Services (FIS) earnings time?
Fidelity National Information Services (FIS) earnings time is at Aug 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FIS EPS forecast?
FIS EPS forecast for the fiscal quarter 2026 (Q2) is 1.47.