Fidelity National Information Services

FIS Q1 2025 Earnings

Reported May 6, 2025 at 7:02 AM ET · SEC Source

Q1 25 EPS

$1.21

BEAT +1.04%

Est. $1.20

Q1 25 Revenue

$2.53B

BEAT +0.80%

Est. $2.51B

vs S&P Since Q1 25

-66.3%

TRAILING MARKET

FIS -37.3% vs S&P +29.0%

Market Reaction

Did FIS Beat Earnings? Q1 2025 Results

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% y… Read more 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.

Key Takeaways

  • 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
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FIS YoY Financials

Q1 2025 vs Q1 2024, source: SEC Filings

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FIS Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q4 25
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FIS Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q4 25

“We had a great start to the year, delivering another quarter of financial outperformance, giving us the confidence to reiterate our full-year outlook.”

— Stephanie Ferris, Q1 2025 Earnings Press Release