Revenue Growth Driven by Core Operations
FIS achieved revenue of $10.68B in FY2025, up 5.4% year-over-year from $10.13B, indicating continued demand for its financial technology services despite a competitive landscape.
Source: 10-K Income Statement
Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
FIS grew FY2025 revenue 5.4% to $10.68B but net income collapsed 73.7% to $382M, driven by higher costs and significant non-operating charges, while liquidity tightened with a current ratio below 1.0.
Revenue
$10.68B
+5.43% YoY
EPS (Diluted)
$0.73
-72.03% YoY
Gross Margin
36.9%
-0.7 pts YoY
Operating Income
$1.74B
+1.87% YoY
Source: SEC XBRL
FIS reported FY2025 revenue of $10.68B, up 5.4% year over year. Operating margin was 16.3%, down 0.6 points from 16.9% a year earlier.
Last 4 quarters: 2 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 1.48 | 1.49 | Miss -0.5% |
| Mar 2026 | 1.36 | 1.30 | Beat +4.6% |
| Dec 2025This filing | 1.68 | 1.70 | Miss -1.3% |
| Sep 2025 | 1.51 | 1.50 | Beat +0.6% |
Reported EPS of $1.68 versus the $1.70 analyst consensus — a -1.3% miss for Dec 2025.
Compiled by AI from this SEC filing
FIS achieved revenue of $10.68B in FY2025, up 5.4% year-over-year from $10.13B, indicating continued demand for its financial technology services despite a competitive landscape.
Source: 10-K Income Statement
Cost of revenue rose 6.6% to $6.74B, outpacing revenue growth of 5.4%, which compressed gross margin by approximately 70 basis points to 36.9% from 37.6% in the prior year.
Source: 10-K Income Statement
Net income fell 73.7% to $382M from $1.45B in the prior year, suggesting significant non-operating charges, impairments, or restructuring costs beyond the operating line that are not fully captured in operating income, which declined only modestly by 1.9%.
Source: 10-K Income Statement
Share repurchases declined 64.8% to $1.43B from $4.05B in the prior year, reflecting a more conservative capital allocation approach, likely in response to tighter liquidity and rising total liabilities.
Source: 10-K Cash Flow Statement
Current liabilities surged 25.0% to $7.62B while current assets fell 13.5% to $4.49B, resulting in a current ratio of 0.59, well below 1.0, signaling potential short-term liquidity pressure. Cash and equivalents also declined 28.2% to $599M.
Source: 10-K Balance Sheet
Compiled by AI from this SEC filing · 3 high, 2 medium, 0 low
FIS's current ratio of 0.59 indicates current liabilities of $7.62B significantly exceed current assets of $4.49B, creating potential short-term funding pressure. Cash on hand dropped to $599M, a 28.2% decline, limiting the company's financial flexibility to meet near-term obligations without external financing.
Source: 10-K Balance Sheet
Despite relatively stable operating income of $1.74B, net income plunged 73.7% to $382M, implying substantial below-the-line charges such as impairments, debt costs, or restructuring expenses. This disconnect between operating and net performance creates earnings unpredictability for investors.
Source: 10-K Income Statement
FIS carries $10.35B in long-term debt with a debt-to-equity ratio of 1.41, meaning the company is significantly leveraged relative to its equity base of $13.90B. Rising total liabilities of $19.59B (up 8.3%) alongside declining stockholders' equity (down 11.5%) indicate an increasingly leveraged capital structure.
Source: 10-K Balance Sheet
Cost of revenue grew 6.6% versus revenue growth of 5.4%, and SG&A rose 3.6% to $2.26B, collectively pressuring both gross and operating margins. Gross margin declined to 36.9% and operating margin to 16.3%, reflecting ongoing cost pressures that could intensify if revenue growth slows.
Source: 10-K Income Statement
Total assets fell 0.9% to $33.49B while stockholders' equity declined 11.5% to $13.90B, suggesting asset disposals, write-downs, or capital returns that are reducing the company's net worth. Continued erosion of equity could weaken FIS's credit profile and borrowing capacity over time.
Source: 10-K Balance Sheet
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 10.68 $B | 10.13 $B | +5.43% |
Cost of Revenue $B | 6.74 $B | 6.32 $B | +6.61% |
Gross Profit $B | 3.94 $B | 3.80 $B | +3.47% |
Operating Income $B | 1.74 $B | 1.71 $B | +1.87% |
Net Income $B | 0.38 $B | 1.45 $B | -73.66% |
EPS (Basic) $ | 0.73 $ | 2.62 $ | -72.14% |
EPS (Diluted) $ | 0.73 $ | 2.61 $ | -72.03% |
SG&A Expense $B | 2.26 $B | 2.19 $B | +3.57% |
Answers draw on this SEC filing and the data on this page
FIS Q2 FY2026 revenue surged on the Issuer Solutions acquisition, but margin pressure and a near‑doubling of interest costs from new debt weighed on profitability.
FIS delivered strong Q1 FY2026 revenue growth of 30.1% to $3.30B, while net income surged to $2.37B—a near 30x increase year-over-year—driven largely by a non-recurring gain, even as margins compressed slightly and long-term debt jumped 54.8% following a major acquisition.
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