Fidelity National Information Services, Inc. (FIS) reported significant financial growth in its latest quarterly filing, with revenues reaching $3.377 billion for the three months ended June 30, 2026, a 29% increase from $2.616 billion in the same period last year. For the first half of 2026, total revenue was $6.671 billion, up 30% from $5.148 billion in the prior year. The company attributed this growth primarily to the acquisition of the Issuer Solutions Business, which was completed on January 9, 2026. Gross profit for the second quarter was $1.174 billion, reflecting a gross profit margin of 35%, slightly down from 36% in the previous year.
The company’s operating income also saw a notable increase, rising to $507 million in the second quarter of 2026, compared to $408 million in the same quarter of 2025. This represents a 24% increase year-over-year. However, selling, general, and administrative expenses increased by 20% to $684 million, driven by costs associated with the newly acquired Issuer Solutions Business. The net earnings attributable to FIS for the second quarter were $231 million, a significant recovery from a net loss of $470 million in the same quarter of the previous year.
FIS has made strategic moves to enhance its market position, including the acquisition of the Issuer Solutions Business from Global Payments for approximately $7.7 billion in cash and the sale of its remaining equity interest in Worldpay. This acquisition is expected to strengthen FIS's offerings in banking and capital markets solutions. The company has also restructured its reportable segments to include the Issuer Solutions Business within its Banking Solutions segment, reflecting a strategic alignment of its services.
Operationally, FIS reported a total of 515.7 million shares outstanding as of July 31, 2026. The company has also seen an increase in its cash and cash equivalents, which rose to $744 million from $599 million at the end of 2025. The total assets of FIS increased to $44.106 billion, up from $33.488 billion at the end of the previous fiscal year, largely due to the acquisition. The company continues to focus on expanding its geographic reach and enhancing product adoption rates, particularly in digital banking solutions.
Looking ahead, FIS remains optimistic about its growth trajectory, driven by the integration of the Issuer Solutions Business and ongoing investments in technology and innovation. The company anticipates that the synergies from this acquisition will contribute positively to its financial performance in the coming quarters. However, FIS also acknowledges potential risks, including market volatility and the challenges of integrating new business operations, which could impact its future results.
About Fidelity National Information Services, Inc.
FIS is a global financial technology company providing software and services for banking, payments, capital markets, and wealth management. Its solutions include core banking, digital banking, card processing, fraud management, and trading platforms. Serving financial institutions, businesses, and developers worldwide, FIS leverages innovation, cloud technology, and extensive industry expertise to enable secure, efficient financial operations and growth.
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