Fidelity National Information Services Reports 30% Revenue Growth to $3.295 Billion

Fidelity National Information Services, Inc. (FIS) reported significant financial growth in its latest quarterly results, with revenue reaching $3.295 billion for the three months ended March 31, 2026, a 30% increase from $2.532 billion in the same period last year. The company's net earnings attributable to FIS surged to $2.366 billion, or $4.59 per share, compared to $77 million, or $0.15 per share, in the prior year. This substantial rise in profitability was largely driven by the acquisition of the Issuer Solutions Business from Global Payments, which contributed to the revenue increase.

The financial performance reflects a notable shift from the previous fiscal period, where revenue growth was primarily organic. The Issuer Solutions acquisition, completed on January 9, 2026, added approximately $591 million in revenue for the quarter. Excluding this acquisition, FIS still experienced a 7% growth in revenue year-over-year, indicating a solid underlying business performance. The cost of revenue also increased to $2.187 billion, up from $1.653 billion, primarily due to expenses associated with the newly acquired business.

In terms of operational metrics, FIS reported a total of 516.9 million shares outstanding as of May 6, 2026. The company has also seen a significant increase in its employee headcount, reflecting its expansion efforts. The acquisition of the Issuer Solutions Business is expected to enhance FIS's capabilities in banking and capital markets, further solidifying its market position. The company has also restructured its reportable segments to include this new business within its Banking Solutions segment.

FIS's strategic initiatives have included not only acquisitions but also a focus on integrating artificial intelligence across its solutions and operations. The company is actively investing in modernization and innovation to meet the evolving demands of the financial services market. The outlook remains positive, with management expressing confidence in achieving continued growth through strategic investments and operational efficiencies. The company anticipates recognizing approximately $25.5 billion in revenue from remaining performance obligations, primarily from recurring account- and volume-based processing services.

Looking ahead, FIS plans to maintain its quarterly dividend of $0.44 per share, payable on June 25, 2026, and has approximately $1.8 billion remaining under its share repurchase program. The company is committed to leveraging its recent acquisitions and ongoing investments to drive future growth while managing its debt levels, which have increased due to the financing of the Issuer Solutions acquisition. Overall, FIS's financial results and strategic direction indicate a strong position in the financial technology sector.