What is the primary revenue source for Fidelity National Information Services (FIS)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze FIS's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Fidelity National Information Services's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Fidelity National Information Services Makes Money: FIS Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Steady

Revenue and operating profit grew together, indicating healthy core operations.

The largest revenue segment accounts for 71.01% of revenue, indicating concentration.

Operating margin declined by 0.74 percentage points year over year.

Revenue: USD 6.67B
Largest revenue segment share (Transaction Processing And Service): 71.01%
Cost of revenue: USD 4.39B
Selling, general and administrative: USD 1.29B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

RevenueRevenue · RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenueCost of revenue · CostOfGoodsAndServicesSold
Selling, general and administrativeSelling, general, and administrative expenses · SellingGeneralAndAdministrativeExpense
Largest revenue segment share (Transaction Processing And Service)Transaction Processing And Service · segment_value / revenue * 100
Operating marginOperating income · operating_income / revenue * 100

Assets

Where is the money tied up, and how is the company financed?

Watch

Current assets do not cover near-term liabilities, indicating short-term funding pressure.

Goodwill accounts for 56.74% of total assets, a high share where impairment could hit earnings and equity.

Goodwill: USD 25.03B
Accounts receivable: USD 2.41B
Property, plant and equipment: USD 1.14B
Total liabilities: USD 28.07B
Shareholder equity: USD 16.04B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

GoodwillGoodwill · Goodwill
Property, plant and equipmentProperty and equipment, net · PropertyPlantAndEquipmentNet
Shareholder equityTotal equity · StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilitiesTotal liabilities · Liabilities
Accounts receivableTrade receivables, net of allowance for credit losses and receivable from related party · AccountsReceivableNetCurrent

Cash

Did accounting profit ultimately turn into cash?

Neutral

Operating cash flow is positive, but profit-to-cash conversion is relatively weak.

Operating cash flow equals 46.46% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 2.60B
Operating cash flow: USD 1.21B
Cash conversion: 46.46%
Free cash flow: USD 1.13B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Net incomeNet earnings (loss) attributable to fis · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Steady

Dividends and net buybacks are covered by free cash flow, so cash genuinely reached shareholders.

Cash dividends: USD 460.00M
Share repurchases: USD 119.00M
Stock issuance proceeds: USD 1.00M
Net shareholder return: USD 578.00M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Cash dividendsPayments of ordinary dividends, common stock · PaymentsOfDividendsCommonStock · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)
Stock issuance proceedsNet proceeds from stock issued under stock-based compensation plans · ProceedsFromStockOptionsExercised · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?