Earnings Releases·Nov 4, 2026, 7:34 AM ET

FIS — Third Quarter 2026 Earnings Summary

GAAP revenue rose 27% year-over-year to $3.5 billion, while adjusted net earnings reached $831 million and adjusted EPS grew 6.6% to $1.61; free cash flow increased 8.0% year-over-year to $862 million.
Management updated full-year 2026 guidance, raising adjusted revenue growth to 28-29%, adjusted EBITDA growth to 29-30%, and free cash flow growth to 33-39% ($2.15-$2.25 billion).
Strategic focus remains on deleveraging with $20.8 billion in debt outstanding; share repurchases are temporarily curtailed and M&A paused until gross leverage reaches approximately 2.8x.
Banking Solutions revenue surged 41% year-over-year to $2.5 billion, driven by the Total Issuing Solutions™ acquisition, while the company divested a non-core prepaid business for over $100 million in October 2026.