FIS · Earnings call · 2026Q2T · Full report
Revenue Performance and Mix
Fidelity National Information Services, Inc. · 2026-08-04 · Importance 48 · Surprise 32 · No source text
Second-quarter revenue was $3.4 billion, up 5.3% pro forma year over year. Banking Solutions revenue increased 6.1%, consisting of 5.6% growth in Banking and 6.4% growth in Payments, while Capital Markets revenue increased 3.2%. Recurring revenue grew 5% across both segments, and nonrecurring revenue increased 21% in Banking and 12% in Capital Markets, with Banking’s nonrecurring growth driven primarily by license activity. Capital Markets professional services revenue declined 17%, reflecting lower sales and slower conversion of backlog.
Key facts
- Second quarter revenue: $3.4 billion, up 5.3% on a pro forma basis
- Management expects Payments to continue at similar mid-single-digit growth levels and to outpace Banking longer term
- The acceleration in Q4 is coming from lapping attrition and more contribution from sales sold earlier in the year.
- Banking recurring revenue grew 5% and nonrecurring revenue grew 21% year-to-date (first half), primarily led by strong license activity
- Banking segment pro forma growth in the quarter: 6.1%
- Banking Solutions pro forma revenue increased 6.1% with Banking up 5.6% and Payments growing 6.4% in the quarter
- Adjusted EPS increased 8.8% (James' stated figure) led by EBITDA growth
- Capital Markets segment growth in the quarter: 3.2%
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +5.1% | Second quarter revenue: $3.4 billion, up 5.3% on a pro forma basis |
| revenue | positive | probable | — | Management expects Payments to continue at similar mid-single-digit growth levels and to outpace Banking longer term |
| revenue | positive | realized | — | The acceleration in Q4 is coming from lapping attrition and more contribution from sales sold earlier in the year. |