Fidelity National Information Services, Inc. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: 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.
Drawn from management commentary in the Q1 2026 10-Q:
FIS reported Q1 FY2026 revenue of $3.30B, up 30.1% year-over-year from $2.53B, suggesting significant business expansion, likely from an acquisition or reintegration of a previously divested segment, as organic growth alone rarely produces such a step-change.
Net income reached $2.37B in Q1 FY2026 versus $77M in the prior-year period—a 2,972.7% increase—resulting in a net margin of 71.8%, which is far above the operating margin of 12.8% and strongly implies a large one-time non-operating gain (e.g., a divestiture gain or asset sale) rather than operational improvement.
Gross margin declined modestly to 33.6% from 34.7%, and operating margin fell to 12.8% from 13.7%, as cost of revenue grew faster (32.3%) than revenue (30.1%), indicating some dilution from newly consolidated lower-margin business or integration costs.
Revenue
$3.29B
++30.13% YoY
EPS (Basic)
$4.59
++2960.00% YoY
Gross Margin
33.6%
-1.09% YoY
Operating Income
$423M
++21.90% YoY
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