Fidelity National Information Services (NYSE:FIS) Issues Earnings Results

Fidelity National Information Services (NYSE:FIS) released its quarterly earnings data on Friday. The information technology services provider reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08, FiscalAI reports. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The company had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter last year, the company earned $1.21 earnings per share. The firm’s revenue for the quarter was up 30.1% on a year-over-year basis. Fidelity National Information Services updated its FY 2026 guidance to 6.220-6.320 EPS and its Q2 2026 guidance to 1.450-1.490 EPS.

Here are the key takeaways from Fidelity National Information Services’ conference call:

• FIS exceeded guidance with 6.5% pro forma revenue growth, adjusted EBITDA margin of 39.6% (up 87 bps), adjusted EPS of $1.36 (+12.4% YoY), and free cash flow of $474M (up 111%), which management says puts the company ahead on its full‑year targets.
• Commercial momentum is strong — recurring ACV grew 24% YoY (banking +13%, Capital Markets +45%), with Money Movement Hub ACV tripling and notable growth in lending and digital, which management views as a leading indicator of durable recurring revenue.
• Strategic growth initiatives include a co‑build partnership with Anthropic to create bank‑grade AI agents (FIS will own the agents/infrastructure) and Project Keystone for tokenized deposits, but management said no material revenue is included in the 2026 guide and commercialization is expected to ramp in H2‑2026 with revenue primarily in 2027.
• Leverage remains elevated at about 3.6x total debt of $21B; management targets de‑leveraging toward ~2.8x before meaningfully increasing capital returns, so balance‑sheet risk persists despite strong cash generation and a $2.1B FY cash‑flow guide.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock opened at $43.51 on Friday. The firm’s fifty day simple moving average is $48.06 and its 200-day simple moving average is $57.04. The stock has a market capitalization of $22.49 billion, a price-to-earnings ratio of 8.43, a PEG ratio of 0.43 and a beta of 0.82. Fidelity National Information Services has a 12 month low of $43.28 and a 12 month high of $82.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s payout ratio is presently 241.10%.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, CEO Stephanie Ferris bought 19,846 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were acquired at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the acquisition, the chief executive officer directly owned 281,458 shares of the company’s stock, valued at $14,182,668.62. The trade was a 7.59% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 0.21% of the stock is owned by insiders.

Hedge Funds Weigh In On Fidelity National Information Services

Institutional investors have recently modified their holdings of the business. Brighton Jones LLC acquired a new position in Fidelity National Information Services in the 4th quarter valued at $347,000. Sivia Capital Partners LLC acquired a new position in Fidelity National Information Services in the 2nd quarter valued at $302,000. Fiduciary Trust Co increased its stake in Fidelity National Information Services by 4.9% in the 3rd quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock valued at $228,000 after buying an additional 161 shares during the period. GeoWealth Management LLC increased its stake in Fidelity National Information Services by 204.0% in the 3rd quarter. GeoWealth Management LLC now owns 3,228 shares of the information technology services provider’s stock valued at $213,000 after buying an additional 2,166 shares during the period. Finally, Stokes Family Office LLC acquired a new position in Fidelity National Information Services in the 4th quarter valued at $212,000. 96.23% of the stock is owned by institutional investors and hedge funds.

More Fidelity National Information Services News

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: FIS beat first-quarter expectations, reporting adjusted EPS of $1.36 versus $1.28 expected and revenue of about $3.29 billion versus $3.28 billion expected. Management said Banking Solutions revenue surged 45%, margins expanded, and cash flow generation remained strong. Article FIS Reports First Quarter 2026 Results and Reiterates Full-Year Outlook
• Positive Sentiment: The company reiterated its full-year 2026 outlook and said it expects about $2.1 billion in free cash flow this year, with a longer-term goal of more than $3 billion by 2028 as it expands AI-driven offerings and partnerships. Article FIS reiterates 2026 outlook for $2.1B free cash flow while targeting >$3B by 2028 through Anthropic AI agents rollout
• Neutral Sentiment: FIS also reaffirmed full-year 2026 guidance of $6.22-$6.32 in adjusted EPS and $13.8-$13.9 billion in revenue, which is broadly in line with Wall Street expectations. Article FIS Tops Q1 Earnings on Banking Solutions Growth, Margin Expansion
• Negative Sentiment: The stock may be under pressure because second-quarter EPS guidance of $1.45-$1.49 only meets or slightly trails consensus, leaving limited room for an upside surprise near term. Article FIS Tops Q1 Earnings on Banking Solutions Growth, Margin Expansion

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FIS. Truist Financial cut their price objective on shares of Fidelity National Information Services from $57.00 to $50.00 and set a “hold” rating on the stock in a report on Friday, April 24th. Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a report on Thursday, January 22nd. Wolfe Research cut their price objective on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Royal Bank Of Canada cut their price objective on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating on the stock in a report on Friday. Finally, Susquehanna cut their target price on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Fidelity National Information Services currently has an average rating of “Moderate Buy” and a consensus price target of $65.10.

About Fidelity National Information Services

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.