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Recurring Revenue by Segment
Shows the distribution of predictable income across different business areas, offering insight into which segments are driving consistent performance and where there might be opportunities or challenges.
Virginia shows a clear, persistent step-down starting mid‑2023 that hasn’t rebounded — this looks less like temporary churn and more like portfolio reshaping (divestitures/reclassifications or contract transfers tied to the issuer/merchant moves). Meanwhile Gas Transmission and Gas Distribution exhibit steady, low‑volatility growth and late recovery, suggesting underlying annuity strength. Bottom line: FIS’s headline recurring revenue momentum is real, but it’s being driven by restructurings and acquired streams; watch segment disclosures and integration impacts for true organic durability and margin conversion.
FIS Recurring Revenue by Segment
| Date | Virginia | Gas Transmission | Gas Distribution |
|---|---|---|---|
| Jun 30, 2026 | $2.42B | $268.00M | $119.00M |
| Mar 31, 2026 | $2.32B | $279.00M | $120.00M |
| Dec 31, 2025 | $1.80B | $255.00M | $112.00M |
| Sep 30, 2025 | $1.83B | $252.00M | $107.00M |
| Jun 30, 2025 | $1.78B | $248.00M | $96.00M |
| Mar 31, 2025 | $1.73B | $243.00M | $94.00M |
| Dec 31, 2024 | $1.71B | $240.00M | $78.00M |
| Sep 30, 2024 | $1.73B | $234.00M | $99.00M |
| Jun 30, 2024 | $1.68B | $234.00M | $99.00M |
| Mar 31, 2024 | $1.68B | $234.00M | $96.00M |
| Dec 31, 2023 | $1.66B | $228.00M | $97.00M |
| Sep 30, 2023 | $1.71B | $227.00M | $99.00M |
| Jun 30, 2023 | $2.95B | $222.00M | $122.00M |
| Mar 31, 2023 | $2.76B | $220.00M | $103.00M |
| Dec 31, 2022 | $2.80B | $320.00M | $97.00M |
| Sep 30, 2022 | $2.80B | $214.00M | $99.00M |
| Jun 30, 2022 | $2.93B | $215.00M | $99.00M |
| Mar 31, 2022 | $2.73B | $218.00M | $97.00M |
| Dec 31, 2021 | $2.78B | $220.00M | $91.00M |
| Sep 30, 2021 | $2.69B | $219.00M | $95.00M |
| Jun 30, 2021 | $2.69B | $217.00M | $89.00M |
| Mar 31, 2021 | $2.48B | $216.00M | $85.00M |
| Dec 31, 2020 | $2.51B | $215.00M | $79.00M |
| Sep 30, 2020 | $2.49B | $213.00M | $89.00M |
| Jun 30, 2020 | $2.23B | $209.00M | $86.00M |
| Mar 31, 2020 | $2.36B | $211.00M | $89.00M |