Fidelity National Information Services, Inc. 8K

FIS reported strong Q2 2026 results driven by the Total Issuing Solutions acquisition, raised full-year adjusted and free cash flow guidance while modestly lowering pro forma growth expectations, and outlined a deleveraging-focused capital allocation strategy with temporarily reduced buybacks and M&A.

Fidelity National Information Services, Inc. (FIS) filed a Form 8-K to furnish its second quarter 2026 earnings release, reporting strong year-over-year growth driven largely by the recently acquired Total Issuing Solutions business, with GAAP diluted EPS of $0.45 versus a prior-year loss, adjusted EPS of $1.48 up 8.8%, and revenue up 29% to $3.4 billion. The company highlighted a 35% increase in adjusted EBITDA to about $1.4 billion and free cash flow of $525 million, up 220%, while segment results showed especially strong growth and margin expansion in Banking Solutions and modest growth with slight margin compression in Capital Market Solutions. FIS updated its full-year 2026 outlook to reflect 29–30% adjusted revenue growth, 32–34% adjusted EBITDA growth, 7.0–8.5% adjusted EPS growth, and higher free cash flow guidance of $2.15–$2.25 billion, but trimmed its pro forma revenue and EBITDA growth outlook, indicating slightly slower underlying growth excluding acquisition effects. The company also described its capital allocation stance post-acquisition, noting temporarily curtailed share repurchases and paused tuck-in M&A to focus on deleveraging $21.2 billion of debt, while maintaining a dividend growth policy aligned with adjusted EPS and signaling an intention to resume meaningful repurchases once gross leverage reaches about 2.8x.

Filing Facts

CIK

1136893

Ticker

FIS

Form

8K

Source Type

sec

Accession

0001136893-26-000046

Alert Tier

7