Fidelity National Information Services, Inc. earnings overview

FIS FY2026 Q1 · Calendar Q2 2026

Fidelity National Information Services, Inc.

FIS posted a clean Q1 beat -- EPS of $1.36 versus $1.29 estimated (+5.4%) and revenue of $3.30B versus $3.28B (+0.5%) -- with 6.5% pro forma revenue growth, a 39.6% adjusted EBITDA margin, and free cash flow more than doubling to $474M. The company maintained its full-year 2026 outlook (5.1-5.7% revenue growth, up to 110 bps margin expansion, $2.1B FCF target) and unveiled a co-development partnership with Anthropic to build FIS-owned AI agents for banking. Despite the beat, shares fell 8.8% on an abnormal basis with 2.0x normal volume. The negative reaction likely reflects the shift from raised guidance in the prior quarter to merely maintained guidance, combined with analyst questions about the revenue timing of the Anthropic partnership and softer loan-syndication activity in Capital Markets.