FIS · Earnings call · 2026Q2T · Full report

Acquisition / Partnership / Divestiture

Fidelity National Information Services, Inc. · 2026-08-04 · Importance 31 · Surprise 42

FIS said its Total Issuing Solutions acquisition has expanded its total addressable market by $28 billion and is producing client wins, renewals and cross-sell momentum. The company won two large financial institutions during the quarter: a top-10 Latin American bank and a top-10 private-sector commercial bank in India. Approximately one-third of Total Issuing revenue has been renewed since the start of 2025, with 72% of the portfolio contracted through 2029 and beyond, compared with 65% previously. FIS remains on track for more than $150 million of EBITDA benefit by 2028, including $125 million of cost synergies and $45 million of revenue synergies.

Key facts