Fidelity National Information Services (NYSE:FIS) Announces Quarterly Earnings Results

Fidelity National Information Services (NYSE:FIS) announced its quarterly earnings data on Friday. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.08, FiscalAI reports. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The firm had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the prior year, the firm posted $1.21 earnings per share. Fidelity National Information Services’s revenue for the quarter was up 30.1% compared to the same quarter last year. 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 Down 7.9%

FIS opened at $43.51 on Friday. 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. The stock has a market cap of $22.49 billion, a P/E ratio of 59.60, a P/E/G ratio of 0.46 and a beta of 0.82. The stock’s 50 day moving average price is $48.06 and its 200 day moving average price is $57.04.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.0%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 241.10%.

Fidelity National Information Services News Roundup

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

Insider Buying and Selling

In other Fidelity National Information Services news, CEO Stephanie Ferris bought 19,846 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were purchased at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the transaction, the chief executive officer directly owned 281,458 shares in the company, valued at $14,182,668.62. The trade was a 7.59% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.21% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Fidelity National Information Services

Hedge funds have recently modified their holdings of the company. Brighton Jones LLC acquired a new stake in shares of Fidelity National Information Services in the fourth quarter valued at about $347,000. Sivia Capital Partners LLC bought a new position in Fidelity National Information Services in the 2nd quarter worth approximately $302,000. IHT Wealth Management LLC bought a new position in Fidelity National Information Services in the 4th quarter worth approximately $202,000. Bridgefront Capital LLC bought a new position in Fidelity National Information Services in the 4th quarter worth approximately $203,000. Finally, Zions Bancorporation National Association UT raised its position in Fidelity National Information Services by 264.8% in the 4th quarter. Zions Bancorporation National Association UT now owns 3,075 shares of the information technology services provider’s stock worth $204,000 after purchasing an additional 2,232 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Thursday, January 22nd. Wall Street Zen raised Fidelity National Information Services from a “hold” rating to a “buy” rating in a report on Saturday. The Goldman Sachs Group cut their price target on Fidelity National Information Services from $70.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, April 13th. BNP Paribas Exane cut their price target on Fidelity National Information Services from $47.00 to $40.00 and set an “underperform” rating on the stock in a report on Friday, April 10th. Finally, Stephens cut their price target on Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $67.10.

Fidelity National Information Services Company Profile

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.