Fidelity National Information Services

FIS Q3 2025 Earnings

Reported Nov 5, 2025 at 7:02 AM ET · SEC Source

Q3 25 EPS

$1.51

BEAT +1.72%

Est. $1.48

Q3 25 Revenue

$2.72B

BEAT +2.24%

Est. $2.66B

vs S&P Since Q3 25

-33.0%

TRAILING MARKET

FIS -25.4% vs S&P +7.5%

Market Reaction

Did FIS Beat Earnings? Q3 2025 Results

Fidelity National Information Services delivered a clean beat across the board in Q3 2025, reporting earnings per share of $1.51 against a consensus estimate of $1.48, a 1.72% positive surprise, while revenue of $2.72 billion topped the $2.66 billion… Read more Fidelity National Information Services delivered a clean beat across the board in Q3 2025, reporting earnings per share of $1.51 against a consensus estimate of $1.48, a 1.72% positive surprise, while revenue of $2.72 billion topped the $2.66 billion estimate by 2.24% and grew 5.7% year over year. The outperformance was broad-based, with Banking Solutions contributing $1.89 billion in revenue, up 6% year over year, and Capital Market Solutions adding $783 million, up 7%, as disciplined cost management expanded adjusted EBITDA margins in both segments. CEO Stephanie Ferris credited execution against all financial commitments, a contrast to the turbulence seen elsewhere in fintech, where rival results disappointed investors. Free cash flow more than doubled year over year to $798 million, underscoring the company's cash generation momentum. FIS raised its full-year 2025 revenue outlook to $10.60 billion to $10.63 billion and lifted its share repurchase target to approximately $1.30 billion, signaling confidence heading into a pivotal 2026 that will include the $13.50 billion acquisition of Global Payments' Issuer Solutions business.

Key Takeaways

  • Recurring revenue growth of 6% on an adjusted basis
  • Banking Solutions recurring revenue growth of 6%
  • Capital Markets recurring revenue growth of 8%
  • Adjusted EBITDA margin expansion of 53 basis points to 41.8%
  • Banking Solutions Adjusted EBITDA margin expanded 68 basis points to 45.8%
  • Capital Markets Adjusted EBITDA margin expanded 60 basis points to 50.5%
  • Cost discipline and favorable revenue mix in Capital Markets
  • Free cash flow increased 101% year-over-year
  • Adjusted free cash flow increased 75% year-over-year
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FIS YoY Financials

Q3 2025 vs Q3 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 delivered strong results this quarter with disciplined execution driving outperformance against all of our financial commitments. Our differentiated positioning within a favorable market environment is translating into strong sales performance across all segments of our business. We continue to enhance our product suite through our build, buy, partner strategy with the recent acquisition of Amount, and are delivering greater value to our clients through our operational excellence initiatives.”

— Stephanie Ferris, Q3 2025 Earnings Press Release