FIS · 10-Q · 2026Q3 · Full report

Operating Expense Trends

Fidelity National Information Services, Inc. · 2026-11-04 · Importance 36 · Surprise 40

Selling, general and administrative expense increased $43 million to $627 million in the third quarter and $203 million to $1.916 billion for the first nine months of 2026 versus the comparable 2025 periods. The increases were primarily attributable to Issuer Solutions expenses, partially offset by continued cost management. Nine-month asset impairments were $104 million, primarily software impairment charges from rationalizing certain software assets following a strategic realignment; there were no third-quarter 2026 impairments.

Key facts

• FIS expects to incur additional severance costs in the fourth quarter of 2026 as it continues to evaluate its organizational structure. source
• FIS recorded no asset impairments in the three months ended September 30, 2026; nine-month impairments primarily reflected software impairment charges from strategic realignment-related rationalization of software assets. source
• FIS’s selling, general and administrative expenses increased in the three and nine months ended September 30, 2026, primarily due to Issuer Solutions Business expenses, partly offset by continued cost management. source