Fidelity National Information Services (FIS) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and FIS published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. FIS reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• On January 9, 2026, FIS bought the Issuer Solutions business (now FIS Total Issuing Solutions) from Global Payments and sold its remaining stake in Worldpay to Global Payments. Year-over-year GAAP comparisons include the acquired business in 2026 only; FIS's Pro Forma figures treat it as owned from January 1, 2025.
• FIS reassessed its reportable segments in Q1 2026, put the Issuer Solutions business in Banking Solutions, moved some businesses between segments, and recast prior periods. Year-ago segment figures here are the recast ones.
• FIS's Q1 2026 GAAP diluted EPS of $4.58 in the history table includes its equity method earnings from Worldpay, including the sale of that stake.

Source: FIS Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How FIS splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• FIS's Banking Solutions revenue was $2.5 billion in Q3 2026, up 41% from $1.8 billion in Q3 2025, 74% of total revenue.
• FIS's Capital Market Solutions revenue was $823 million in Q3 2026, up 3% from $799 million in Q3 2025, 24% of total revenue.
• FIS's Corporate and Other revenue was $83.0 million in Q3 2026, down 22% from $107 million in Q3 2025, 2% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

FIS's full-year 2026 outlook table gives revenue of $13,445 million to $13,505 million, Adjusted EBITDA of $5,565 million to $5,605 million and Adjusted EPS of $5.82 to $5.89. FIS kept its Free Cash Flow target of $2.15 billion to $2.25 billion.

In its Q3 2026 release, FIS said:

“For the full-year, the Company is updating its outlook, projecting Adjusted revenue growth of 28-29%, Adjusted EBITDA growth of 29-30% and Adjusted EPS growth of 1.2-2.4%.”

“On a Pro Forma basis, revenue is projected to grow 3.1-3.6% and Adjusted EBITDA is projected to grow 2.9-3.6%”

“The Company will continue to pay quarterly dividends targeting dividend per share growth in line with Adjusted EPS growth.”

“The Company expects to resume meaningful share repurchases once it has achieved its target gross leverage of approximately 2.8x.”

Source: FIS Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the FIS forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS attributable to FIS, each as first reported in that quarter's release. Quarters from Q1 2026 include the Issuer Solutions business acquired on January 9, 2026.

We do not hold a confirmed date for FIS's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

FIS's revenue rose 27% to $3,454 million in Q3 2026, and the 10-Q says the increase came primarily from the Issuer Solutions business, which FIS acquired from Global Payments on January 9, 2026. On FIS's Pro Forma basis, which treats that business as owned in both years, revenue grew 3.7%, including recurring revenue growth of 2.5%. (FIS Q3 2026 release, Nov 4, 2026; FIS Form 10-Q, Q3 2026, Nov 4, 2026)

Banking Solutions is now most of FIS: $2,548 million of revenue, up 41%, because the acquired card issuing business sits in that segment. Excluding the Issuer Solutions business, the 10-Q says Banking revenue grew 4%, driven by recurring revenue and software license revenue. Capital Market Solutions grew 3% to $823 million, and Corporate and Other fell 22% to $83 million because of the decline of non-strategic businesses. (FIS Q3 2026 release, Nov 4, 2026; FIS Form 10-Q, Q3 2026, Nov 4, 2026)

Most of FIS's revenue recurs. Recurring revenue was $2,831 million of the $3,454 million total, of which transaction processing and services were $2,432 million and software maintenance $272 million. Software license revenue was $216 million and professional services $252 million. (FIS Q3 2026 release, Nov 4, 2026)

FIS earns most of its revenue in North America: $2,686 million in the quarter, against $768 million from all other markets. Its 10-K says no individual client accounted for 10% or more of total revenue in 2025, 2024 or 2023. On October 20, 2026, FIS sold a non-core prepaid business within Banking Solutions for gross proceeds of over $100M. (FIS Q3 2026 release, Nov 4, 2026; FIS Form 10-K, 2025, Feb 24, 2026)

FIS's GAAP diluted EPS was $0.69 and Adjusted EPS was $1.61, up 6.6% from $1.51. The $0.92 a share gap is mostly acquisition accounting: purchase accounting amortization of $0.62 a share ($320 million, up from $177 million) and acquisition, integration and other costs of $0.28 a share ($147 million). (FIS Q3 2026 release, Nov 4, 2026)

Financing the deal raised FIS's interest costs. Interest expense, net was $199 million, against $90 million a year earlier, and the 10-Q attributes the increase primarily to a $7.7 billion increase in borrowings used to fund the Issuer Solutions Acquisition. Debt outstanding totaled $20.8 billion at September 30, 2026. (FIS Q3 2026 release, Nov 4, 2026; FIS Form 10-Q, Q3 2026, Nov 4, 2026)

The year-ago Adjusted EPS of $1.51 included adjusted earnings from the Worldpay stake that FIS sold in January 2026: adjusted equity method investment earnings were $135 million in Q3 2025 and nothing in Q3 2026. Diluted shares were 517 million against 523 million. FIS bought back only $21 million of stock in the quarter and paid $227 million of dividends, having curtailed repurchases to cut debt. The effective tax rate was 20%, against 23%. (FIS Q3 2026 release, Nov 4, 2026; FIS Form 10-Q, Q3 2026, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

FIS publishes a full-year outlook in its release and updated it with Q3 2026 results. It now projects Adjusted revenue growth of 28-29%, Adjusted EBITDA growth of 29-30% and Adjusted EPS growth of 1.2-2.4%, which its outlook table puts at revenue of $13,445 million to $13,505 million and Adjusted EPS of $5.82 to $5.89. On a Pro Forma basis it projects revenue growth of 3.1-3.6%. (FIS Q3 2026 release, Nov 4, 2026)

FIS kept its target for 2026 Free Cash Flow of $2.15 billion to $2.25 billion, a measure that excludes cash transaction taxes on the Worldpay sale. It says it will resume meaningful share repurchases once it reaches target gross leverage of approximately 2.8x, and does not reconcile its non-GAAP outlook to GAAP. (FIS Q3 2026 release, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover FIS, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones FIS's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning FIS is on is FIS a buy or a sell?, what analysts expect next is on the FIS forecast, and what the company does is on the Fidelity National Information Services (FIS) stock page.

Every number on this page can be traced to a document FIS published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.