Fidelity National Information Services (FIS) Q2 2025 Earnings
How Did FIS Stock React to Q2 2025 Earnings?
S&P 500 over the same 30 days: +3.07%.
Did FIS Beat Earnings? Q2 2025 Results
Yes. Fidelity National Information Services reported Q2 2025 earnings of $1.36 a share on Aug 5, 2025, beating the $1.36 consensus estimate by 0.1%. Revenue was $2.6B against a $2.6B estimate.
Fidelity National Information Services delivered a solid second quarter, posting adjusted EPS of $1.36 against a consensus estimate of $1.36, a narrow beat of 0.09%, while revenue of $2.62 billion topped expectations by 1.65% and grew 5.1% year over year. The primary engine behind the top-line performance was the Banking Solutions segment, which generated $1.81 billion in revenue, up 6%, with recurring revenue climbing 7%, offsetting a modest margin contraction tied to elevated bad debt expense. Capital Market Solutions added $765 million in revenue, also up 6% on a GAAP basis, rounding out a broadly constructive quarter. The strategic spotlight, however, fell on the pending $13.50 billion acquisition of Global Payments' Issuer Solutions business and the simultaneous sale of FIS's remaining Worldpay stake for $6.60 billion pre-tax, with both transactions expected to close in the first half of 2026. Despite the headline beats, shares came under pressure as Q3 adjusted EPS guidance of $1.46 to $1.50 landed below the Street's $1.55 estimate, even as management raised its full-year 2025 adjusted EPS outlook to $5.72 to $5.80.
- Banking segment recurring revenue growth of 7%
- Adjusted revenue growth of 5% on a constant currency basis
- Commercial excellence initiatives resonating in the market
- Capital Market Solutions recurring revenue growth of 5%
“Our results reflect the continued positive momentum of the business as we delivered another quarter of financial outperformance driven by our Banking segment. As a result, we are raising our full-year outlook.”
Fidelity National Information Services CEO, on the earnings call
What Was Fidelity National Information Services's Outlook in Q2 2025?
FIS raised its full-year 2025 outlook, now targeting revenue of $10,520-$10,570 million (growth of 4.8% to 5.3%), Adjusted EBITDA of $4,315-$4,335 million, and Adjusted EPS of $5.72-$5.80 (growth of 10% to 11%). For Q3 2025, the company guided revenue of $2,650-$2,665 million, Adjusted EBITDA of $1,105-$1,120 million, and Adjusted EPS of $1.46-$1.50. The Issuer Solutions acquisition and Worldpay minority interest sale are expected to close simultaneously in the first half of 2026. Post-close, pro forma gross leverage is expected to be approximately 3.4x, with a target to deleverage to 2.8x within 18 months. The company reiterates its goal to repurchase approximately $1.2 billion of shares in 2025 and to grow dividends per share in line with Adjusted EPS growth.
FIS YoY Financials
| Metric | Q2 2025 | Q2 2024 | Year over year |
|---|---|---|---|
| Revenue | $2.6B | $2.5B | +5.1% |
| Gross Profit | $952.0M | $944.0M | +0.8% |
| Operating Income | $408.0M | $371.0M | +10.0% |
FIS Revenue by Segment
FIS Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.