Quarterly ResultMay 8, 2026, 07:41 AM
FIS Q1 GAAP EPS $4.58; Adjusted EPS $1.36 (+12%); Revenue $3.3B (+30%)
AI Summary
Fidelity National Information Services, Inc. (FIS) reported strong first quarter 2026 results, with GAAP diluted EPS of $4.58, significantly boosted by a $2.2 billion gain from the Worldpay Sale. Adjusted EPS rose 12% to $1.36, and revenue increased 30% on a GAAP basis to $3.3 billion. The company also reiterated its full-year 2026 outlook, projecting continued growth in adjusted revenue, EBITDA, and EPS, alongside substantial free cash flow generation.
Key Highlights
- FIS Q1 GAAP Diluted EPS was $4.58, reflecting a $2.2 billion gain from the Worldpay Sale.
- Adjusted EPS increased 12% to $1.36 over the prior year period.
- Revenue increased 30% on a GAAP basis to $3.3 billion, and 31% on an adjusted basis.
- Pro Forma revenue increased 6.5%, with Banking Solutions revenue up 7.7% Pro Forma.
- Net cash provided by operating activities was $713 million; Free cash flow increased 111% to $474 million.
- The company returned $262 million to shareholders through $30 million in share repurchases and $232 million in dividends.
- FIS reiterated its full-year 2026 outlook: Adjusted revenue growth of 30-31% and Adjusted EPS growth of 8-10%.
- Full-year 2026 Free Cash Flow target is $2.05 - $2.15 billion, representing 27-33% growth.