FIS · Earnings call · 2026Q2T · Full report
Distribution Channels
Fidelity National Information Services, Inc. · 2026-08-04 · Importance 40 · Surprise 42 · In source text
FIS is expanding alternative sales channels in Banking through larger strategic deals with third parties. Management said certain first-quarter license deals will generate recurring revenue over a five-year horizon and involve increased engagement with third parties as alternative channels. These deals contributed to elevated nonrecurring activity in the first half, while management expects license activity to return to normal levels in the second half. The channel strategy supports FIS’s broader shift from lower-margin, nonrecurring products toward recurring solutions.
Key facts
- Banking Solutions ACV growth has been double-digit for three quarters in a row with second quarter being high double-digit growth in Banking ACV
- Management noted increased engagement with third parties to become alternative sales channels as part of large strategic deals that had one-time license contributions
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | — | Banking Solutions ACV growth has been double-digit for three quarters in a row with second quarter being high double-digit growth in… |