EarningsQ2 2026 Earnings Report
MX:FIS Q2 2026 EPS Results
Actual EPS$25.55
Consensus EPS$25.41
Beat/MissBeat by +$0.14
One Year Ago EPS$23.48
MX:FIS Q2 2026 Revenue Results
Actual Revenue$58.31B
Expected Revenue$58.43B
Beat/MissMissed by -$120.82M
YoY Revenue Growth+29.09%
Earnings Announcement Details
QuarterQ2 2026
Date08/04/2026
TimeBefore Open
Conference CallTuesday, August 4, 2026
MX:FIS Upcoming Earnings
Fidelity National Info's next earnings date is estimated for November 10, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:FIS Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly constructive picture: strong top-line and margin performance driven by Banking and Payments, a substantial improvement in free cash flow, successful integration and commercial traction from the Total Issuing Solutions acquisition, and early tangible AI-driven productivity gains. These positives were tempered by execution issues in Capital Markets—notably weaker professional services sales and slower backlog conversion—plus a rebase of Capital Markets guidance and a modest cut to company revenue guidance. Management has clear mitigation plans (strategic review, operational actions) and raised cash flow guidance, but near-term Capital Markets headwinds remain the principal negative.Company Guidance
Revenue and Earnings Growth
Total revenue of $3.4B, up 5.3% on a pro forma basis; adjusted EBITDA up 7.4% with margin expansion of 113 basis points; adjusted EPS grew ~8.8%–9%, toward the high end of the range.
Banking and Payments Outperformance
Banking segment grew 6.1% (Banking 5.6%, Payments 6.4%); recurring revenue +5% and recurring sales +14%; Banking adjusted EBITDA advanced 10.6% with margins expanding 178 basis points driven by favorable mix, cost savings and integration synergies.
Material Free Cash Flow Improvement and Deleveraging
Quarterly free cash flow more than tripled to $525M; first-half FCF ~ $1.0B; trailing 12-month FCF $2.2B. Raised full-year FCF outlook by $100M to $2.15B–$2.25B (midpoint $2.2B), representing ~36% YoY growth at the midpoint. Leverage reduced to 3.5x and $270M returned to shareholders.
Total Issuing Solutions Acquisition Performing
Acquisition expanded TAM by $28B; renewal momentum with ~1/3 of Total Issuing revenue renewed since start of 2025 and 72% of the portfolio contracted through 2029 (up from 65%); won large clients (top-10 Latin American and top-10 private bank in India); enterprise-wide ACV to joint clients grew 35% YoY in H1.
Margin Expansion and Cost Discipline
Company delivered margin expansion driven by product mix and cost savings. Non-GAAP onetime cash expenses reduced by $70M to $730M midpoint (legacy FIS non-GAAP cash expenses down 17% vs original guide). Captured $13M of cost savings YTD and tracking near high end of $30M–$40M full-year synergy target; reiterating >$150M EBITDA benefit by 2028.
AI Productization and Productivity Gains
10 AI products in market, 200 customers live, >500 opportunities in pipeline. Internal productivity: engineering throughput 1.5x–2x and 30% fewer defects; servicing manual tickets down ~70% and triage time down ~75%; 40,000 active AI Copilot users generating >16M assisted actions. Strategic partnership with Anthropic advancing AML and fraud capabilities.
MX:FIS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed