Fidelity National Information Services (FIS) Q1 2025 Earnings
How Did FIS Stock React to Q1 2025 Earnings?
S&P 500 over the same 30 days: +7.22%.
Did FIS Beat Earnings? Q1 2025 Results
Yes. Fidelity National Information Services reported Q1 2025 earnings of $1.21 a share on May 6, 2025, beating the $1.20 consensus estimate by 1.0%. Revenue was $2.5B against a $2.5B estimate.
Fidelity National Information Services opened 2025 with a clean beat on both top and bottom lines, posting adjusted EPS of $1.21 against a consensus of $1.20 and revenue of $2.53 billion against expectations of $2.51 billion, with sales rising 2.6% year over year. The standout driver was Capital Market Solutions, which surged 8% to $764.00 million on the back of a 47% spike in non-recurring revenue and 6% recurring revenue growth, helping offset softer margin dynamics in the larger Banking Solutions segment, where prior-year license fee comparisons weighed on profitability. The quarter was ultimately overshadowed by a blockbuster post-period announcement: FIS agreed to acquire Global Payments' Issuer Solutions business for $13.50 billion while simultaneously divesting its remaining 45% Worldpay stake for $6.60 billion, a move analysts have broadly characterized as a strategically clarifying pivot toward card issuing. Management reiterated its full-year 2025 outlook for revenue of $10.44 billion to $10.49 billion and adjusted EPS of $5.70 to $5.80, implying 9% to 11% earnings growth.
- Recurring revenue growth of 4% on an adjusted basis
- Capital Market Solutions recurring revenue growth of 6% and non-recurring revenue growth of 47%
- Banking Solutions recurring revenue growth of 3%
- Higher-margin license revenue and operating leverage in Capital Markets
- Share repurchases reducing diluted share count from 578 million to 531 million year-over-year
“We had a great start to the year, delivering another quarter of financial outperformance, giving us the confidence to reiterate our full-year outlook.”
Fidelity National Information Services CEO, on the earnings call
What Was Fidelity National Information Services's Outlook in Q1 2025?
FIS reiterated its full-year 2025 outlook: Revenue of $10,435–$10,495 million, Adjusted EBITDA of $4,305–$4,335 million (non-GAAP), and Adjusted EPS of $5.70–$5.80 (non-GAAP), reflecting accelerated revenue growth of 4.6–5.2% and Adjusted EPS growth of 9–11%. For Q2 2025, the company introduced guidance of Revenue of $2,560–$2,585 million, Adjusted EBITDA of $1,020–$1,035 million, and Adjusted EPS of $1.34–$1.38. The company also reiterated its goal to repurchase approximately $1.2 billion of shares in 2025 and continue growing dividends per share in line with Adjusted EPS growth.
FIS YoY Financials
| Metric | Q1 2025 | Q1 2024 | Year over year |
|---|---|---|---|
| Revenue | $2.5B | $2.5B | +2.6% |
| Gross Profit | $879.0M | $909.0M | −3.3% |
| Operating Income | $347.0M | $355.0M | −2.3% |
| Net Income | $77.0M | $705.8M | −89.1% |
FIS Revenue by Segment
FIS Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.