FIS · 10-Q · 2026Q3

Fidelity National Information Services, Inc.

Filed 2026-11-04 · Other · View original filing on EDGAR

Everything FIS's SEC filings said, ranked

Ranked Events

• Liquidity and Debt PositionImportance 89 · Surprise 82
  At September 30, 2026, total long-term debt, including its current portion, was $16.865 billion, compared with $10.353 billion at December 31, 2025. Short-term borrowings increased to $3.904 billion from $2.729…
• Interest Expense IncreaseImportance 75 · Surprise 64
  Net interest expense increased 121% to $199 million in the third quarter of 2026 from $90 million and 114% to $596 million for the first nine months from $279 million. The increases were primarily due to the $7.7…
• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  On January 9, 2026, FIS acquired Global Payments’ Issuer Solutions Business, rebranded as FIS Total Issuing Solutions, for total consideration of $13.473 billion, including $7.695 billion cash and a $5.762 billion…
• Revenue Performance and MixImportance 59 · Surprise 48
  Consolidated revenue increased 27% to $3.454 billion in the third quarter of 2026 from $2.717 billion a year earlier, and increased 29% to $10.126 billion for the first nine months from $7.865 billion. The Issuer…
• Interest Rate PressureImportance 58 · Surprise 42
  On March 10, 2026, FIS issued $6.3 billion of senior USD notes with coupon rates of 4.45%, 4.55% and 4.80%, alongside senior Euro notes carrying a 3.45% coupon. The proceeds repaid short-term debt used to finance the…
• Banking Goodwill Impairment SensitivityImportance 50 · Surprise 24
  Following a continued decline in FIS’s share price and market capitalization and reduced projections for Banking, the company tested both reporting units for goodwill impairment as of September 30, 2026; no charge was…
• Operating Cash Flow TrendsImportance 48 · Surprise 40
  Cash provided by operating activities increased $333 million to $2.183 billion for the first nine months of 2026 from $1.850 billion in 2025, primarily due to improved operating performance. The increase was partially…
• Strategic Initiatives and AIImportance 44 · Surprise 42
  FIS said it is transforming toward a platform-company model and embedding artificial intelligence across its solutions and operations. It shifted to a functional operating model to streamline decision-making and…
• Order Backlog and Book-to-BillImportance 43 · Surprise 6
  As of September 30, 2026, FIS estimated approximately $24.5 billion of revenue from remaining unfulfilled performance obligations, primarily recurring account- and volume-based processing services. The estimate…
• Geographic Revenue CommentaryImportance 40 · Surprise 30
  For the nine months ended September 30, 2026, North America generated $7.877 billion of revenue, compared with $6.151 billion in the prior-year period, an increase of approximately 28%. Clients in the United Kingdom,…
• Segment ProfitabilityImportance 37 · Surprise 32
  Banking Adjusted EBITDA margin increased to 47.4% in the third quarter from 46.2% a year earlier and to 45.7% for the first nine months from 43.7%, reflecting Issuer Solutions, favorable revenue mix and cost…
• Operating Expense TrendsImportance 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…
• Gross Margin DriversImportance 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…
• Cybersecurity Solutions DemandImportance 27 · Surprise 24
  FIS says cyberattacks are increasing in frequency, complexity and sophistication, including attacks involving AI and targeting technology supply-chain partners or clients. The company views the interconnected…
• Inflationary Cost PressuresImportance 20 · Surprise 24
  Inflation remained elevated on a multi-year basis through September 30, 2026, although inflation in FIS’s primary markets had moderated from prior peak levels. FIS reported significant vendor cost increases and said…
• Capital ExpendituresImportance 19 · Surprise 6
  Capital expenditures totaled $1.086 billion for the nine months ended September 30, 2026. The filing states that capital expenditures include certain hardware and software purchases subject to financing or other…
• Capital Return ProgramImportance 19 · Surprise 6
  FIS declared a regular quarterly dividend of $0.44 per common share, payable December 28, 2026, to shareholders of record on December 14, 2026. The August 2024 share-repurchase authorization permits up to $3.0 billion…
• Products and TechnologyImportance 16 · Surprise 6
  Capital Markets serves global financial services clients and multinational corporations with buy- and sell-side, treasury, risk management and lending solutions. Its mission-critical applications support recordkeeping,…
• Banking Consolidation Customer DynamicsImportance 13 · Surprise 6
  FIS expects continued consolidation among financial institutions, which generally increases competition among financial technology providers. When merger partners use competing providers, the combined institution…
• Payments Market DemandImportance 10 · Surprise 6
  FIS reports continued demand for faster and more convenient payments through mobile channels, internet applications, in-store cards and digital currencies. Financial institutions are seeking capabilities for…

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Revenue by Geography (in millions)