Fidelity National Information Services, Inc.

FIS 10-K · FY 2025

FIS FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Revenue 10,677 10,127 +5.4%
Show Product Lines breakouts
Other non-recurring · Banking Solutions 477 393 +21.4%
Other non-recurring · Capital Market Solutions 28 4 +600.0%
Other non-recurring · Corporate And Other 42 39 +7.7%
Other non-recurring · Transferred At Point In Time 547 436 +25.5%
Other recurring · Banking Solutions 309 244 +26.6%
Other recurring · Capital Market Solutions 99 62 +59.7%
Other recurring · Corporate And Other 1 3 -66.7%
Other recurring · Transferred Over Time 409 309 +32.4%
Professional services · Banking Solutions 522 551 -5.3%
Professional services · Capital Market Solutions 385 399 -3.5%
Professional services · Corporate And Other 5 4 +25.0%
Professional services · Transferred At Point In Time 912 954 -4.4%
Software license · Banking Solutions 176 196 -10.2%
Software license · Capital Market Solutions 499 431 +15.8%
Software license · Transferred At Point In Time 675 628 +7.5%
Software maintenance · Banking Solutions 389 362 +7.5%
Software maintenance · Capital Market Solutions 607 576 +5.4%
Software maintenance · Corporate And Other 2 2 0.0%
Software maintenance · Transferred Over Time 998 940 +6.2%
Transaction Processing and Service [Member] · Banking Solutions 5,412 5,146 +5.2%
Transaction Processing and Service [Member] · Capital Market Solutions 1,578 1,507 +4.7%
Transaction Processing and Service [Member] · Corporate And Other 146 207 -29.5%
Transaction Processing and Service [Member] · Transferred Over Time 7,136 6,860 +4.0%
Show Business Segments breakouts
Banking Solutions · All others 1,002 999 +0.3%
Banking Solutions · North America 6,283 5,893 +6.6%
Banking Solutions · Operating Segments 7,285 6,892 +5.7%
Banking Solutions · Operating Segments 6,110 5,752 +6.2%
Capital Market Solutions · All others 1,280 1,140 +12.3%
Capital Market Solutions · North America 1,916 1,839 +4.2%
Capital Market Solutions · Operating Segments 3,196 2,979 +7.3%
Capital Market Solutions · Operating Segments 2,284 2,145 +6.5%
Corporate And Other · All others 89 139 -36.0%
Corporate And Other · North America 107 117 -8.5%
Corporate And Other · Operating Segments 196 256 -23.4%
Corporate And Other · Operating Segments 149 212 -29.7%
Show Geography breakouts
All others 2,371 2,278 +4.1%
North America 8,306 7,849 +5.8%
Show Consolidation Items breakouts
Operating Segments 10,677 10,127 +5.4%
Show Equity Method Investment Nonconsolidated Investee breakouts
Worldpay Merchant Solutions 5,476
Show Timing Of Transfer Of Good Or Service breakouts
Transferred Over Time 8,543 8,109 +5.4%
Cost of Revenue 6,741 6,323 +6.6%
Show Business Segments breakouts
Banking Solutions · Operating Segments 1,196 1,038 +15.2%
Capital Market Solutions · Operating Segments 180 168 +7.1%
Corporate And Other · Operating Segments 37 61 -39.3%
Show Consolidation Items breakouts
Operating Segments 1,413 1,267 +11.5%
Show Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations breakouts
Worldpay Merchant Solutions · Transition Services Agreement 57
Gross Profit 3,936 3,804 +3.5%
Show Equity Method Investment Nonconsolidated Investee breakouts
Worldpay Merchant Solutions 2,687
Selling, General & Administrative 2,263 2,185 +3.6%
Show Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations breakouts
Worldpay Merchant Solutions · Transition Services Agreement 29
Asset Impairment Charges 18 52 -65.4%
Show Consolidation Items breakouts
Material Reconciling Items 18 52 -65.4%
Other Operating Income Expense Net (FY)
Show Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations breakouts
Worldpay Merchant Solutions · Transition Services Agreement -86
Show Related Party Transactions By Related Party breakouts
Related Party -86 -142 +39.4%
Operating Income 1,741 1,709 +1.9%
Interest Income 24 101 -76.2%
Interest Expense -391 -351 -11.4%
Other Non-Operating Income (Expense) -198 -162 -22.2%
Show Consolidation Items breakouts
Material Reconciling Items -198 -162 -22.2%
Interest Expense And Nonoperating Income Expense -565 -412 -37.1%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 1,176 1,297 -9.3%
Income Tax Expense (Benefit) 265 362 -26.8%
Show Consolidation Items breakouts
Material Reconciling Items 265 362 -26.8%
Show Equity Method Investment Nonconsolidated Investee breakouts
Worldpay Merchant Solutions -307
Income Loss From Equity Method Investments -526 -145 -262.8%
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net 385 790 -51.3%
Net Income 385 1,453 -73.5%
Show Equity Method Investment Nonconsolidated Investee breakouts
Worldpay Merchant Solutions -496
Income Loss From Continuing Operations Attributable To Noncontrolling Entity -3 -3 0.0%
Net Income 382 1,450 -73.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Worldpay Merchant Solutions -526
Income Loss From Continuing Operations 382 787 -51.5%
Income Loss From Continuing Operations Per Basic Share 0.73 1.42 -48.6%
EPS (Basic) 0.73 2.62 -72.1%
Income Loss From Continuing Operations Per Diluted Share 0.73 1.42 -48.6%
EPS (Diluted) 0.73 2.61 -72.0%
Wtd Avg Shares (Basic) 523 553 -5.4%
Wtd Avg Shares (Diluted) 525 555 -5.4%
Income Before Taxes (FY)
Show Equity Method Investment Nonconsolidated Investee breakouts
Worldpay Merchant Solutions -434
Comprehensive Income 242 1,346 -82.0%
Net Income Loss Attributable To Noncontrolling Interest -3 -3 0.0%
Interest Income Expense Net (FY)
Show Consolidation Items breakouts
Material Reconciling Items -367 -250 -46.8%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents 599 834 -28.2%
Settlement Assets Current 515 479 +7.5%
Accounts Receivable (Q)
Show Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations breakouts
Worldpay Merchant Solutions · Related Party 39 84 -53.6%
Show Related Party Transactions By Related Party breakouts
Nonrelated Party 1,944 1,876 +3.6%
Related Party 39 84 -53.6%
Other Receivables Net Current 432 160 +170.0%
Prepaid Expenses & Other Current Assets 959 638 +50.3%
Total Current Assets 4,488 5,186 -13.5%
Show Equity Method Investment Nonconsolidated Investee breakouts
Worldpay Merchant Solutions 8,744 8,126 +7.6%
Non-Current Assets
Property, Plant & Equipment 691 646 +7.0%
Goodwill 17,762 17,260 +2.9%
Show Business Segments breakouts
Banking Solutions 13,080 12,699 +3.0%
Capital Market Solutions 4,662 4,541 +2.7%
Corporate And Other 20 20 0.0%
Show Business Acquisition breakouts
2025 Business Combinations 328
Other Non-Current Assets 1,710 1,749 -2.2%
Capitalized Contract Cost Net Noncurrent 1,321 1,241 +6.4%
Total Assets 33,488 33,784 -0.9%
Operating Lease Right-of-Use Assets 231 230 +0.4%
Deferred Tax Assets (Q)
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
GTCR, LLC · Worldpay Merchant Solutions 363
Other Assets
Intangible Assets Net Excluding Goodwill 959 1,318 -27.2%
Show Finite Lived Intangible Assets By Major Class breakouts
Customer Relationships 847 1,240 -31.7%
Trademarks and other 112 78 +43.6%
Capitalized Computer Software Net 2,876 2,526 +13.9%
Equity Method Investments 3,681 3,858 -4.6%
Current Liabilities
Accounts Payable And Accrued Liabilities Current 2,097 1,994 +5.2%
Show Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations breakouts
Worldpay Merchant Solutions 24 25 -4.0%
Settlement Liabilities Current 549 500 +9.8%
Deferred Revenue (Current) 957 902 +6.1%
Short Term Borrowings 2,729 636 +329.1%
Long Term Debt And Capital Lease Obligations Current 1,284 968 +32.6%
Total Current Liabilities 7,616 6,094 +25.0%
Show Equity Method Investment Nonconsolidated Investee breakouts
Worldpay Merchant Solutions 6,643 5,979 +11.1%
Accounts Payable (Q)
Show Related Party Transactions By Related Party breakouts
Related Party 24 25 -4.0%
Commercial Paper (Q)
Show Debt Instrument breakouts
ECP Notes · Fidelity National Information Services, Inc. Credit Agreements [Member] 117 104 +12.5%
USCP Notes · Fidelity National Information Services, Inc. Credit Agreements [Member] 2,612 532 +391.0%
Show Short Term Debt Type breakouts
Commercial Paper 7
Current Portion of Long-Term Debt -1,284 -968 -32.6%
Non-Current Liabilities
Deferred Tax Liabilities 1,215 863 +40.8%
Other Non-Current Liabilities 1,686 1,441 +17.0%
Show Finite Lived Intangible Assets By Major Class breakouts
Computer Software Intangible Asset 72 158 -54.4%
Total Liabilities 19,586 18,084 +8.3%
Long-Term Debt 10,353 10,654 -2.8%
Long-Term Debt 9,069 9,686 -6.4%
Operating Lease Liabilities 178 177 +0.6%
Contract With Customer Liability Noncurrent 166 117 +41.9%
Other Liabilities
Long Term Debt And Capital Lease Obligations 9,069 9,686 -6.4%
Stockholders' Equity
Common Stock 6 6 0.0%
Additional Paid-In Capital 47,317 47,129 +0.4%
Retained Earnings -22,718 -22,257 -2.1%
Accumulated Other Comprehensive Income -504 -364 -38.5%
Treasury Stock Common Value -10,202 -8,816 -15.7%
Total Stockholders' Equity 13,899 15,698 -11.5%
Minority Interest 3 2 +50.0%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 13,902 15,700 -11.5%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -504 -364 -38.5%
Accumulated Translation Adjustment -438 -721 +39.3%
Additional Paid In Capital 47,317 47,129 +0.4%
Aoci Equity Method Investment Parent 109 -31 +451.6%
Change in Fair Value of Net Investment Hedges 22 490 -95.5%
Common Stock 6 6 0.0%
Noncontrolling Interest 3 2 +50.0%
Other -63 32 -296.9%
Reclassification of Foreign Currency Translation Adjustments to Net Earnings (Loss) from Discontinued Operations -134 -134 0.0%
Retained Earnings -22,718 -22,257 -2.1%
Treasury Stock Common -10,202 -8,816 -15.7%
Total Liabilities & Equity 33,488 33,784 -0.9%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest 385 790 -51.3%
Depreciation & Amortization 1,883 1,737 +8.4%
Show Property Plant And Equipment By Type breakouts
Property plant and equipment including that recorded under capital leases 177 175 +1.1%
Amortization of Financing Costs 37 20 +85.0%
Asset Impairment Charges Including Discontinued Operations 18 52 -65.4%
Gain Loss On Sale Of Business 119 62 +91.9%
Stock-Based Compensation 181 186 -2.7%
Deferred Income Taxes -31 -204 +84.8%
Change in Accounts Receivable -246 -94 -161.7%
Increase Decrease In Notes Receivable Related Parties 44 -84 +152.4%
Net Increase Decrease In Settlement Receivables 14 2 +600.0%
Change in Prepaid & Other Assets -135 -205 +34.1%
Increase Decrease In Deferred Charges -469 -509 +7.9%
Change in Deferred Revenue 64 31 +106.5%
Increase Decrease In Accounts Payable And Accrued Liabilities 218 72 +202.8%
Net Cash Provided By Used In Operating Activities Continuing Operations 2,608 2,175 +19.9%
Investing Activities
Capital Expenditures -154 -97 -58.8%
Payments For Software -835 -720 -16.0%
Payments To Acquire Businesses Net Of Cash Acquired -573 -514 -11.5%
Cash Divested From Deconsolidation -1,417 -3,150 +55.0%
Settlement Of Net Investment Hedge Cross Currency Interest Rate Swaps 0 -8 +100.0%
Payments For Hedge Investing Activities -112 -122 +8.2%
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital 147 47 +212.8%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Worldpay Merchant Solutions 147 47 +212.8%
Other Investing Activities -98 -91 -7.7%
Show Derivative Risk breakouts
Interest Rate Swap · Fair Value Hedging -112 -122 +8.2%
Net Cash Provided By Used In Investing Activities Continuing Operations -3,042 8,178 -137.2%
Financing Activities
Proceeds From Issuance Of Long Term Debt 55,428 25,430 +118.0%
Repayments Of Long Term Debt -54,348 -33,175 -63.8%
Debt Issuance Costs -30 -6 -400.0%
Proceeds From Stock Options Exercised 8 3 +166.7%
Share Repurchases -1,425 -4,045 +64.8%
Payments Of Dividends Common Stock -847 -800 -5.9%
Proceeds From Payments For Other Financing Activities 35 43 -18.6%
Show Derivative Instruments Gain Loss By Hedging Relationship breakouts
Net Investment Hedging 36 19 +89.5%
Net Cash Provided By Used In Financing Activities Continuing Operations -1,179 -12,550 +90.6%
Supplemental
Interest Paid 401 396 +1.3%
Income Taxes Paid 628 488 +28.7%
Other Cash Flow
Cash Provided By Used In Operating Activities Discontinued Operations 208 -104 +300.0%
Net Cash Provided By Used In Discontinued Operations 208 -208 +200.0%
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 58 -31 +287.1%
Net Change in Cash -1,347 -2,468 +45.4%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 599 1,946 -69.2%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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