FIS · 10-Q · 2026Q3 · Full report

Gross Margin Drivers

Fidelity National Information Services, Inc. · 2026-11-04 · Importance 32 · Surprise 24

Gross profit increased in both the third quarter and first nine months of 2026, primarily reflecting higher revenue following the Issuer Solutions acquisition. Gross profit margin decreased in both periods because Issuer Solutions diluted margins, including through amortization of acquired intangible assets. Cost of revenue increased by $486 million in the quarter and $1.560 billion in the nine-month period compared with 2025, primarily due to expenses associated with Issuer Solutions.

Key facts

• FIS’s gross profit margin decreased in the three and nine months ended September 30, 2026, due to the dilutive impact of the Issuer Solutions Business, including acquired-intangible amortization. source