FIS · 10-Q · 2026Q2

Fidelity National Information Services, Inc.

Filed 2026-08-04 · Other · View original filing on EDGAR

Ranked Events

• Interest Rate PressureImportance 96 · Surprise 100
  Relatively high interest rates increased FIS’s interest expense and are expected to continue pressuring financing costs. FIS incurred approximately $7.7 billion of new debt in the first quarter of 2026 to fund the…
• Long-term Debt IssuanceImportance 89 · Surprise 82
  FIS issued $6.3 billion of senior USD notes on March 10, 2026, with fixed interest rates of 4.45%, 4.55% and 4.80% and maturities from 2028 through 2031, together with euro and floating-rate notes. Total long-term debt…
• Outstanding IndebtednessImportance 89 · Surprise 82
  Total assets increased to $44.106 billion at June 30, 2026, from $33.488 billion at December 31, 2025, primarily reflecting the Issuer Solutions acquisition. Total debt, including short-term borrowings and current and…
• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  On January 9, 2026, FIS acquired Global Payments’ Issuer Solutions Business, rebranded FIS Total Issuing™ Solutions, for total consideration of $13.473 billion, including $7.695 billion in cash and a $5.762 billion…
• Liquidity and Cash PositionImportance 70 · Surprise 56
  FIS had $3.4 billion of available liquidity as of June 30, 2026, consisting of $744 million of cash and cash equivalents and $2.6 billion of revolving-credit capacity. Approximately $447 million of cash and cash…
• Acquisition FinancingImportance 64 · Surprise 42
  FIS funded the cash portion of the Issuer Solutions Acquisition by drawing $7.7 billion under an $8.0 billion senior unsecured Term Facility on January 9, 2026. The company repaid and terminated that facility using…
• Segment ProfitabilityImportance 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%…
• Revenue Performance and MixImportance 59 · Surprise 48
  Consolidated revenue increased to $3.377 billion in the second quarter of 2026 from $2.616 billion in the second quarter of 2025, and to $6.671 billion from $5.148 billion for the six-month periods. The increases were…
• Order Backlog and Book-to-BillImportance 56 · Surprise 24
  As of June 30, 2026, FIS estimated approximately $25.0 billion of revenue from remaining unfulfilled performance obligations. The obligations are primarily recurring account- and volume-based processing services,…
• Capital ExpendituresImportance 47 · Surprise 22
  FIS invested approximately $517 million in capital expenditures during the six months ended June 30, 2026, compared with $451 million in the prior-year period. The $66 million increase supported software, internally…
• Gross Margin DriversImportance 44 · Surprise 24
  Cost of revenue increased by $539 million year over year in the second quarter of 2026 and by $1.073 billion for the six-month period, primarily because of Issuer Solutions expenses. Gross profit increased to $1.174…
• FX / Currency HeadwindsImportance 42 · Surprise 14
  FIS uses cross-currency interest-rate swaps and foreign-currency-denominated debt to hedge its investments in euro- and pound-sterling-denominated operations. At June 30, 2026, approximately €6.295 billion of…
• Operating Expense TrendsImportance 40 · Surprise 42
  Selling, general and administrative expense increased by $112 million in the second quarter of 2026 and by $159 million for the six-month period compared with 2025. The increase was primarily attributable to expenses…
• Cybersecurity Solutions DemandImportance 37 · Surprise 42
  Cyberattacks against information-technology systems, technology supply chains, vendors and clients are increasing in frequency, complexity and sophistication, including through greater use of artificial intelligence by…
• AI Adoption RecognitionImportance 31 · Surprise 42
  FIS is transforming into a platform company by embedding artificial intelligence across its solutions and operations. Management is reallocating resources toward integrated client experiences, modernizing technology…
• Distribution Channels and PartnershipsImportance 31 · Surprise 24
  FIS uses broad distribution capabilities and an integrated business model spanning the payment-processing value chain to support adoption of emerging payment technologies. The company partners with…
• Digital Channel and Delivery GrowthImportance 31 · Surprise 24
  Consumer preferences, particularly among younger generations, are shifting toward digital-first banking solutions. FIS's Digital One platform provides unified digital capabilities across desktop, tablet, smartphone and…
• End-Market Demand TrendsImportance 31 · Surprise 32
  FIS reports relatively stable sales cycles and client activity across its businesses. Banking Solutions revenue excluding the Issuer Solutions Business grew 6% year over year in the second quarter and 7% for the first…
• Income Tax Rate ChangesImportance 25 · Surprise 42
  FIS reported that the effective tax rate increased for the three months ended June 30, 2026 because one-time discrete items in the 2025 comparison period had a disproportionate effect on lower pre-tax earnings. For the…
• Litigation and Legal RiskImportance 25 · Surprise 42
  A consolidated securities class action in the U.S. District Court for the Middle District of Florida alleged federal securities-law violations concerning disclosures about FIS’s former Merchant Solutions segment,…

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