Fidelity National Information Services, Inc.

FIS 10-K · Q4 2025

FIS Q4 2025 request

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Income Statement

Income Statement
Metric Q4 2025 Q4 2024 YoY
Revenue 2,812 2,599 +8.2%
Show Product Lines breakouts
Other non-recurring · Banking Solutions 123 86 +43.0%
Other non-recurring · Capital Market Solutions 5 1 +400.0%
Other non-recurring · Corporate And Other 29 9 +222.2%
Other non-recurring · Transferred At Point In Time 157 96 +63.5%
Other recurring · Banking Solutions 86 61 +41.0%
Other recurring · Capital Market Solutions 26 16 +62.5%
Other recurring · Corporate And Other 0 0
Other recurring · Transferred Over Time 112 77 +45.5%
Professional services · Banking Solutions 123 146 -15.8%
Professional services · Capital Market Solutions 97 104 -6.7%
Professional services · Corporate And Other 2 1 +100.0%
Professional services · Transferred At Point In Time 222 251 -11.6%
Software license · Banking Solutions 57 55 +3.6%
Software license · Capital Market Solutions 205 175 +17.1%
Software license · Transferred At Point In Time 262 229 +14.4%
Software maintenance · Banking Solutions 99 94 +5.3%
Software maintenance · Capital Market Solutions 156 144 +8.3%
Software maintenance · Corporate And Other 0 1 -100.0%
Software maintenance · Transferred Over Time 255 239 +6.7%
Show Business Segments breakouts
Banking Solutions · All others 262 249 +5.2%
Banking Solutions · North America 1,603 1,469 +9.1%
Banking Solutions · Operating Segments 1,865 1,718 +8.6%
Banking Solutions · Operating Segments 1,562 1,431 +9.2%
Capital Market Solutions · All others 376 331 +13.6%
Capital Market Solutions · North America 507 490 +3.5%
Capital Market Solutions · Operating Segments 883 821 +7.6%
Capital Market Solutions · Operating Segments 576 541 +6.5%
Corporate And Other · All others 20 33 -39.4%
Corporate And Other · North America 44 27 +63.0%
Corporate And Other · Operating Segments 64 60 +6.7%
Corporate And Other · Operating Segments 33 51 -35.3%
Show Geography breakouts
All others 658 613 +7.3%
North America 2,154 1,986 +8.5%
Show — breakouts
Revenue 1,377 1,276 +7.9%
Revenue -2,457 -2,363 -4.0%
Revenue -3,889 -3,663 -6.2%
Revenue 1,804 1,707 +5.7%
Show Consolidation Items breakouts
Operating Segments 2,812 2,599 +8.2%
Show Timing Of Transfer Of Good Or Service breakouts
Transferred Over Time 2,171 2,023 +7.3%
Cost of Revenue 1,735 1,623 +6.9%
Show Business Segments breakouts
Banking Solutions · Operating Segments 316 272 +16.2%
Capital Market Solutions · Operating Segments 46 42 +9.5%
Corporate And Other · Operating Segments 26 15 +73.3%
Show Consolidation Items breakouts
Operating Segments 388 329 +17.9%
Gross Profit 1,077 976 +10.3%
Selling, General & Administrative 550 482 +14.1%
Asset Impairment Charges 14 32 -56.2%
Show Consolidation Items breakouts
Material Reconciling Items 14 32 -56.2%
Other Operating Income Expense Net (Q)
Show Related Party Transactions By Related Party breakouts
Related Party -16 -32 +50.0%
Operating Income 529 494 +7.1%
Interest Expense -112 -167 +32.9%
Other Non-Operating Income (Expense) -10 60 -116.7%
Show Consolidation Items breakouts
Material Reconciling Items -10 60 -116.7%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 431 488 -11.7%
Income Tax Expense (Benefit) 86 147 -41.5%
Show Consolidation Items breakouts
Material Reconciling Items 86 147 -41.5%
Income Loss From Equity Method Investments 166 -35 +574.3%
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net 511 306 +67.0%
Net Income 511 282 +81.2%
Income Loss From Continuing Operations Attributable To Noncontrolling Entity -1 -1 0.0%
Net Income 510 281 +81.5%
Income Loss From Continuing Operations 510 305 +67.2%
Income Loss From Continuing Operations Per Basic Share 0.97 0.56 +73.2%
EPS (Basic) 0.97 0.53 +83.0%
Income Loss From Continuing Operations Per Diluted Share 0.97 0.56 +73.2%
EPS (Diluted) 0.97 0.53 +83.0%
Wtd Avg Shares (Basic) -2 -5 +60.0%
Wtd Avg Shares (Diluted) 0 -6 +100.0%
Comprehensive Income 498 304 +63.8%
Net Income Loss Attributable To Noncontrolling Interest -1 -1 0.0%
Interest Income Expense Net (Q)
Show Consolidation Items breakouts
Material Reconciling Items -88 -66 -33.3%

Balance Sheet

Balance Sheet
Metric Q4 2025 Q4 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 YTD Q4 2025 YTD Q4 2024 YoY
Operating Activities
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest 511 306 +67.0%
Depreciation & Amortization 468 446 +4.9%
Amortization of Financing Costs 4 4 0.0%
Asset Impairment Charges Including Discontinued Operations 14 32 -56.2%
Gain Loss On Sale Of Business 22 -15 +246.7%
Stock-Based Compensation 45 44 +2.3%
Deferred Income Taxes 40 -4 +1100.0%
Change in Accounts Receivable -305 -71 -329.6%
Increase Decrease In Notes Receivable Related Parties -6 4 -250.0%
Net Increase Decrease In Settlement Receivables 10 5 +100.0%
Change in Prepaid & Other Assets -134 -76 -76.3%
Increase Decrease In Deferred Charges -165 -161 -2.5%
Change in Deferred Revenue 101 72 +40.3%
Increase Decrease In Accounts Payable And Accrued Liabilities 319 161 +98.1%
Net Cash Provided By Used In Operating Activities Continuing Operations 758 782 -3.1%
Investing Activities
Capital Expenditures -19 -18 -5.6%
Payments For Software -305 -170 -79.4%
Payments To Acquire Businesses Net Of Cash Acquired 1 -458 +100.2%
Cash Divested From Deconsolidation 0 -13 +100.0%
Settlement Of Net Investment Hedge Cross Currency Interest Rate Swaps 0 0
Payments For Hedge Investing Activities -25 -24 -4.2%
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital 40 7 +471.4%
Other Investing Activities -32 -21 -52.4%
Show Derivative Risk breakouts
Interest Rate Swap · Fair Value Hedging -25 -24 -4.2%
Net Cash Provided By Used In Investing Activities Continuing Operations -340 -665 +48.9%
Financing Activities
Proceeds From Issuance Of Long Term Debt 17,269 9,654 +78.9%
Repayments Of Long Term Debt -17,193 -8,992 -91.2%
Debt Issuance Costs -3 0
Proceeds From Stock Options Exercised 0 1 -100.0%
Share Repurchases -293 -1,013 +71.1%
Payments Of Dividends Common Stock -207 -192 -7.8%
Proceeds From Payments For Other Financing Activities 34 -2 +1800.0%
Show Derivative Instruments Gain Loss By Hedging Relationship breakouts
Net Investment Hedging 36 0
Net Cash Provided By Used In Financing Activities Continuing Operations -393 -544 +27.8%
Supplemental
Interest Paid 67 30 +123.3%
Income Taxes Paid 190 82 +131.7%
Other Cash Flow
Cash Provided By Used In Operating Activities Discontinued Operations 0 -99 +100.0%
Net Cash Provided By Used In Discontinued Operations 0 -99 +100.0%
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 3 -51 +105.9%
Net Change in Cash 28 -579 +104.8%
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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