Fidelity National Information Services, Inc. (FIS) Earnings Call Transcripts

Fidelity National Information Services, Inc.'s Latest Earnings Call - Q2 FY2026

Fidelity National Information Services, Inc. (FIS) reported strong second quarter results for fiscal year 2026, with revenue of $3.4 billion, reflecting a 5.3% increase on a pro forma basis. Adjusted EBITDA grew by 7.4%, and adjusted EPS increased by 9%, signaling effective execution across the business. However, management lowered guidance for capital markets revenue growth to 3% to 3.5%, down from a prior outlook of 5.5%, due to operational challenges and a tough market environment, which may impact investor sentiment moving forward.

Reported metrics

Guidance from management

Management lowered the full-year revenue growth guidance to 4.5% to 5% and adjusted EBITDA margin outlook to reflect challenges in capital markets. They expect capital markets revenue growth to be 3% to 3.5% for the year.

What management said

Yes. Thanks, Vasu. No, not yet. I mean, obviously, transparently, we look inside the portfolio of the entire company. You've seen us move on assets. So we're always looking from a rationalization standpoint. I think with respect to capital markets, though we're going to do a deeper dive. I don't have a number for you, and we'll come back to you as soon as we have something.

We want to avoid guiding to it. What we would say is the -- we do expect it to continue at similar levels -- 2 is it will outpace banking just in general and longer term. And it definitely will stay in this mid-single-digit range. So we're incredibly happy with it, and we're incredibly happy with the position of thesis within that portfolio is doing well as well.

What analysts pressed on

Analysts expressed concerns regarding the capital markets segment, particularly around the execution challenges and the impact of client attrition. There were questions about the strategic review of certain products and the potential implications for future growth.

Main topics on the call

• Revenue Growth in Banking — FIS's banking segment achieved a revenue growth of 6.1%, driven by strong performance in both banking and payments. Management noted, "Banking grew at the high end of our range with continued strength across banking and ...
• Challenges in Capital Markets — Capital markets revenue grew only 3.2%, at the low end of expectations, impacted by client attrition and slower-than-expected conversion of backlog. Management acknowledged, "We are not satisfied with our performance in ...
• Strong Free Cash Flow Generation — Free cash flow more than tripled year-over-year to $525 million, leading to an increase in the full-year free cash flow outlook by $100 million. Management stated, "First half cash flow is 2.5x prior year levels."
• AI Integration and Growth — FIS is leveraging AI to enhance operational efficiency, reporting a 1.5x to 2x throughput in engineering and a 70% reduction in manual tickets. Management highlighted, "Our AI investments are compounding in our products,...

Read the full Fidelity National Information Services, Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 86 Fidelity National Information Services, Inc. earnings call transcripts on record, spanning February 13, 2020 to August 4, 2026. Based on this history, Fidelity National Information Services, Inc. reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

FIS

Exchange

NYSE

Country

US

Sector

Financials

Industry

Financial Services

Calls on record

86

First call

February 13, 2020

Most recent

August 4, 2026

Reporting cadence

quarterly