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FIS Completes Acquisition and Sale Transactions Affecting Operations
On January 9, 2026, Fidelity National Information Services, Inc. (FIS) completed the acquisition of the Issuer Solutions business from Global Payments Inc. and the sale of its equity interests in Worldpay Holdco, LLC. The acquisition involved a cash payment of approximately $7.7 billion, which reflects the difference between the purchase price of the Issuer Solutions Business, valued at $13.5 billion, and the sale price of Worldpay, which had an enterprise valuation of $24.25 billion. The financial results of the Issuer Solutions Business will be consolidated into FIS's financial statements starting from the acquisition date, while FIS will cease to recognize its investment in Worldpay.
To assist investors in understanding the impact of these transactions on the company's financial performance, FIS management has provided supplemental financial data. This includes non-GAAP measures such as Adjusted Combined EBITDA and Adjusted Combined EBITDA Margin, which aim to reflect the company's operating performance more accurately. The adjustments account for various costs and exclude items not considered indicative of ongoing operations, helping to clarify the financial position of FIS following the completion of these significant transactions.
linkFeb 24, 2026 07:37:48
Fidelity National Reports 2025 Financial Results and 2026 Outlook
Fidelity National Information Services (FIS) reported its financial results for the year ended December 31, 2025, with a GAAP diluted earnings per share (EPS) of $0.73 and an adjusted EPS of $5.75, reflecting a 10% increase from the previous year. The company achieved a revenue of $10.7 billion, marking a 5% increase on a GAAP basis and a 6% increase on an adjusted basis. In addition, FIS generated $2.6 billion in net cash from operating activities and returned $2.1 billion to shareholders through share repurchases and dividends during the year. The company completed the acquisition of Total Issuing™ Solutions and divested its stake in Worldpay as part of its strategic initiatives.
For the first quarter and full-year 2026, FIS provided an outlook projecting adjusted revenue growth of 30-31% and adjusted EBITDA growth of 34-35%. The company expects adjusted EPS growth of 8-10% and free cash flow growth of 27-33%. In terms of segment performance, the Banking Solutions segment reported a 9% increase in revenue for the fourth quarter, while the Capital Market Solutions segment saw an 8% revenue increase. FIS also announced a 10% increase in its quarterly dividend to $0.44 per share, aligning with its capital allocation strategy.
linkFeb 24, 2026 07:30:50
Fidelity National Information Services Appoints New Board Member
Fidelity National Information Services, Inc. has expanded its Board of Directors from nine to ten members with the election of Anil Srinivasa Chakravarthy, effective January 20, 2026. Mr. Chakravarthy is recognized as an independent director and will receive compensation in line with other non-employee directors. He has been appointed to serve on both the Audit Committee and the Risk and Technology Committee. His election does not involve any disclosed arrangements or material interests in related transactions.
Anil Chakravarthy brings extensive experience in technology leadership, particularly in enterprise software, cloud transformation, and artificial intelligence. He currently serves as President of Customer Experience Orchestration at Adobe and previously held the role of CEO at Informatica. His background includes significant positions at Symantec and VeriSign, as well as consulting experience at McKinsey & Company. His expertise is anticipated to support FIS in advancing its financial technology innovation strategies.
linkJan 22, 2026 16:19:49
FIS Completes Acquisition of Issuer Solutions Business from Global Payments
Fidelity National Information Services (FIS) has finalized its acquisition of Global Payments' Issuer Solutions business for an enterprise value of $13.5 billion, with a net purchase price of $12 billion after accounting for tax assets. Concurrently, FIS sold its remaining stake in Worldpay to Global Payments. This strategic move positions FIS to enhance its offerings under the Total Issuing Solutions brand, which is recognized as a global leader in credit processing, handling over 40 billion transactions annually across 75 countries.
The acquisition is expected to bolster FIS's capabilities by integrating a comprehensive data set across consumer and commercial card portfolios, thereby enhancing its data intelligence and processing power. This scale is anticipated to support the deployment of AI models that can provide substantial business value. The transaction aligns with FIS's goal of delivering increased value to its clients in the financial sector, as highlighted by FIS's CEO, Stephanie Ferris, in a recent announcement.
linkJan 12, 2026 07:27:23
Fidelity National Information Services Secures $7 Billion Credit Facilities
Fidelity National Information Services, Inc. has entered into a Ninth Amendment and Restatement Agreement for its existing credit agreement, resulting in revolving credit commitments of $6.0 billion. This agreement will expire on September 27, 2029, and is aimed at providing ongoing working capital and refinancing maturing debt. The obligations under this agreement are unsecured and include customary covenants regarding indebtedness and restricted payments.
Additionally, the company has established a new Revolving Credit Agreement with $1.0 billion in revolving credit commitments, set to expire on June 15, 2027. Similar to the restated credit agreement, this facility will also be used for working capital and general corporate purposes, with unsecured obligations and customary covenants in place.
linkNov 12, 2025 16:39:56
Fidelity National Reports Q3 2025 Financial Results and Guidance
Fidelity National Information Services (FIS) announced its financial results for the third quarter of 2025, reporting a revenue increase of 6% year-over-year to approximately $2.7 billion. The company achieved a GAAP diluted earnings per share (EPS) of $0.50, while adjusted EPS rose 8% to $1.51. Net cash from operating activities was $1.0 billion, with free cash flow increasing by 101% to $798 million. The company has also raised its full-year outlook for revenue growth to between 5.4% and 5.7% and adjusted EPS growth to 10% to 11%.
FIS is in the process of acquiring the Issuer Solutions business from Global Payments for an enterprise value of $13.5 billion, expected to close in the first quarter of 2026, pending regulatory approvals. The company plans to fund this acquisition through approximately $8 billion in new debt and proceeds from the sale of its remaining equity interest in Worldpay. As of September 30, 2025, FIS had $13.0 billion in outstanding debt and has committed to repurchasing approximately $1.3 billion of shares in 2025, alongside continued quarterly dividends.
linkNov 05, 2025 07:02:53
Fidelity National Information Services Reports Q2 2025 Financial Results
Fidelity National Information Services, Inc. reported its financial results for the second quarter of 2025, showing a 5% increase in revenue to approximately $2.6 billion compared to the same period last year. The company recorded a GAAP net loss of $470 million, or $(0.90) per diluted share, largely due to a non-cash expense related to deferred tax liabilities from the sale of its Worldpay interest. However, adjusted earnings per share (EPS) rose by 1% to $1.36, with adjusted EBITDA also increasing by 5% to around $1.0 billion. The company has repurchased $246 million in shares during the quarter and aims to repurchase $1.2 billion in total for 2025.
FIS has raised its full-year 2025 outlook for revenue growth to between 4.8% and 5.3%, and adjusted EPS growth to between 10% and 11%. The company is currently pursuing strategic transactions, including the acquisition of Global Payments' Issuer Solutions business for $13.5 billion and the sale of its remaining equity interest in Worldpay for approximately $6.6 billion. These transactions are expected to close in the first half of 2026, pending regulatory approvals. As of June 30, 2025, FIS's total debt stood at $12.9 billion, with net cash from operating activities at $382 million.
linkAug 05, 2025 07:02:25
Fidelity National Information Services Completes Key Transaction Agreement
Fidelity National Information Services, Inc. has entered into a transaction agreement to purchase the Issuer Solutions business from Global Payments Inc. This agreement also involves selling all of FIS's equity interests in Worldpay Holdco, LLC to Global Payments as part of the transaction.
The completion of these transactions is contingent upon the expiration of the HSR Waiting Period, which ended on July 18, 2025. However, the closing is still subject to obtaining necessary regulatory approvals and meeting customary closing conditions.
linkJul 21, 2025 16:01:16
Fidelity National Information Services Files Financial Statement Exhibits
Fidelity National Information Services, Inc. has filed a report that includes financial statements and exhibits. The filing indicates that certain schedules and similar attachments have been omitted in accordance with regulatory guidelines, but these documents can be provided to the Securities and Exchange Commission upon request. The report has been signed by authorized representatives of the company, James Kehoe and Alexandra Brooks, in compliance with the Securities Exchange Act of 1934.
linkMay 06, 2025 16:23:49
FIS Reports Q1 2025 Results and Strategic Acquisitions
FIS announced its financial results for the first quarter of 2025, reporting a GAAP diluted earnings per share of $0.15 and an adjusted EPS of $1.21, which reflects an 11% increase from the previous year. Revenue for the quarter rose to $2.5 billion, marking a 3% increase on a GAAP basis and a 4% increase on an adjusted basis. The company has also repurchased $450 million in shares during the quarter and reiterated its goal to repurchase $1.2 billion in shares throughout 2025.
Additionally, FIS disclosed the sale of its remaining stake in Worldpay and the acquisition of Global Payments' Issuer Solutions business, with both transactions expected to close in the first half of 2026, pending regulatory approvals. The company continues to target revenue growth of 4.6% to 5.2% and adjusted EPS growth of 9% to 11% for the full year. As of March 31, 2025, FIS reported total debt of $12 billion and generated adjusted free cash flow of $368 million in the first quarter.
linkMay 06, 2025 07:02:50