Fidelity National Information Services (FIS) FY2025 10-K Annual Report

Filed: Feb 24, 2026
Information Technology
Services-Business Services, NECSEC EDGAR

Fidelity National Information Services (FIS) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 24, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Fidelity National Information Services FY2025 10-K Analysis

Business Overview

  • Core model: Financial technology platform serving banks, capital markets firms, and businesses across payments, core banking, and capital markets software via multi-year recurring contracts
  • Major M&A pivot: Acquired Global Payments' Issuer Solutions business for ~$7.7B (new debt-funded); simultaneously sold remaining 45% Worldpay stake to Global Payments, closing January 9, 2026
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Management Discussion & Analysis

  • Revenue $10,677M in 2025, up $550M (~5%) YoY; Banking +6% to $7,285M, Capital Markets +7% to $3,196M
  • Operating margin not explicitly stated as %; Banking Adjusted EBITDA margin 43.4% vs 44.0%; Capital Markets margin 51.8% vs 51.0%
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Risk Factors

  • DORA designation as Critical Third-Party Provider subjects FIS to new EU regulatory oversight, with E.U. AI Act compliance deadlines phased Aug 2025–2027
  • International ops ~23% of 2025 revenue exposed to FX and geopolitical risk; BRICS nations actively targeting Western payment infrastructure via cyberattacks
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Fidelity National Information Services FY2025 Key Financial Metrics
XBRL

Revenue

$10.7B

+5.4% YoY

Net Income

$382M

-73.7% YoY

Gross Margin

36.9%

-70bp YoY

Operating Margin

16.3%

-57bp YoY

Net Margin

3.6%

-1074bp YoY

ROE

2.7%

-649bp YoY

Total Assets

$33.5B

-0.9% YoY

EPS (Diluted)

$0.73

-72.0% YoY

Operating Cash Flow

$2.6B

+19.9% YoY

Source: XBRL data from Fidelity National Information Services FY2025 10-K filing on SEC EDGAR. All figures in USD.

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