FIS · 8-K · 20260804PR000046

Operating Margin Drivers

Fidelity National Information Services, Inc. · 2026-08-04 · Importance 64 · Surprise 56 · No source text

Adjusted EBITDA increased 35% year over year to approximately $1.409 billion, and consolidated adjusted EBITDA margin expanded 193 basis points to 41.7%. The margin expansion reflected the acquisition of the high-margin Total Issuing Solutions business, favorable revenue mix and cost savings. Banking Solutions adjusted EBITDA increased 50% to $1.1 billion, with margin expanding 179 basis points to 45.8% because of the acquisition, favorable mix and continued cost management. Capital Market Solutions adjusted EBITDA increased 2.8% to $420 million, while its margin contracted 32 basis points to 51.9% because of higher labor costs and the timing of customer-related expenses.

Key facts

• Banking Solutions Adjusted EBITDA increased 50% to $1.1 billion and Adjusted EBITDA margin expanded by 179 basis points to 45.8% in Q2 2026. source
• Second quarter Adjusted EBITDA was approximately $1.4 billion, an increase of 35% versus the prior-year period. source
• Three months ended June 30, 2026 Adjusted EBITDA from continuing operations was $1,409 million versus $1,041 million in 2025. source
• Adjusted net earnings in Q2 2026 were $763 million compared to $716 million prior year. source
• Adjusted EBITDA margin expanded by 193 basis points to 41.7% in the second quarter versus the prior-year period. source
• Capital Market Solutions recurring revenue growth was 5.3% in Q2 2026 and Adjusted EBITDA increased 2.8% to $420 million with Adjusted EBITDA margin of 51.9% (down 32 bps). source
• On a Pro Forma basis, Pro Forma adjusted EBITDA increased 7.4% and Pro Forma adjusted EBITDA margin expanded by 113 basis points to 41.7%. source
• Adjusted EPS for the second quarter was $1.48, increased 8.8% over the prior year period. source

Impact estimates