FIS · 10-Q · 2026Q2 · Full report

Segment Profitability

Fidelity National Information Services, Inc. · 2026-08-04 · Importance 64 · Surprise 56

Six-month consolidated Adjusted EBITDA increased to $2,713 million from $1,999 million, a 35.7% year-over-year increase. Banking Solutions Adjusted EBITDA increased to $2,174 million from $1,421 million, a 53.0% increase, exceeding its 44.9% revenue growth. Second-quarter consolidated Adjusted EBITDA was $1,409 million versus $1,041 million in the prior-year quarter, a 35.4% increase. The Banking Solutions segment generated $1,136 million of second-quarter Adjusted EBITDA versus $ million in the prior-year period, based on the filing's partially redacted table.

Key facts

• Banking Adjusted EBITDA for the three months ended June 30, 2026 was $1,136 million and Adjusted EBITDA margin was 45.8% compared to 44.0% prior year. source
• The Company evaluated goodwill impairment as of June 30, 2026 and concluded it was not more likely than not that the fair value of any reporting unit was below its carrying amount, but noted increased sensitivity to adverse changes source
• Corporate and Other revenue decreased 20% for the six months ended June 30, 2026 primarily due to the run-off of certain non-strategic businesses, and Adjusted EBITDA decreased due to the decline in revenue and higher personnel-related expenses. source
• There were no goodwill impairments during the three months ended June 30, 2026, and $ (amount shown as '$ million') of goodwill impairment during the six months ended June 30, 2026 related to certain non-strategic businesses in the Corporate and Other segment source
• Long-term assets, excluding goodwill and other intangible assets, located outside of the United States totaled $1,104 million as of June 30, 2026. source
• Adjusted EBITDA is defined as net earnings (loss) before net interest expense, net other income (expense), income tax provision (benefit), equity method investment earnings (loss), and depreciation and amortization, and excludes purchase price amortization of acquired intangible assets, acquisition, integration and certain other costs and asset impairments. source
• These non-U.S. long-term assets are predominantly located in the United Kingdom, Ireland, Germany, Australia, India and Sweden. source