FIS · 8-K · 20260804PR000046

Operating Expense Trends

Fidelity National Information Services, Inc. · 2026-08-04 · Importance 65 · Surprise 82 · From source text

Selling, general and administrative expense increased to $684 million in the second quarter of 2026 from $572 million in the prior-year period, an increase of approximately 20%. Six-month SG&A increased to $1.289 billion from $1.130 billion, while six-month asset impairments rose to $104 million from $2 million. Acquisition, integration and other costs totaled $237 million in the quarter and $405 million year to date, including $172 million of quarterly enterprise transformation costs and $265 million year to date. The company also recorded $321 million of quarterly purchase accounting amortization, compared with $172 million in the prior-year period, primarily reflecting acquired intangible assets.

Key facts

• Software, net as of June 30, 2026 was $5,238 million versus $2,876 million at December 31, 2025. source
• Three months ended June 30, 2026 cost of revenue was $2,203 million versus $1,664 million in 2025. source
• Three months ended June 30, 2026 selling, general, and administrative expenses were $684 million versus $572 million in 2025. source
• Additions to software in the six months ended June 30, 2026 were $441 million compared to $375 million in 2025. source

Impact estimates