Fidelity National Information Services FIS
FIS is a financial technology company providing solutions to financial institutions, businesses and developers. 10-K, Item 1
- Employees
- 44,000
- Headquarters
- Jacksonville, FL
- Next results
- around Feb 23, 2027
Where each dollar of revenue went, FY2025
Revenue of $10.7B through the costs to a net profit of $382.0M · income statement of the 10-K
FIS among Financials peers
Six ratios from the latest 10-K. Each corner is the share of 75 peers the company is above, not a score.
What changed
9 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 24, 2026 against Feb 13, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
9 checks on the latest 10-K. Checks, not verdicts.
1fact worth reading about the other 8 checks found nothing to note
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Critical audit matters changedNew this year: Evaluation of income tax positions related to certain transactions (“As discussed in Note 17 to the consolidated financial statements, the Company’s provision for income taxes for the year ended December 31, 2025 was $265 million. The Company has consolidated deferred tax liabilities, net of $1,188 million (including a valuation allowance of $914 million) as of Decem”). No longer listed: Evaluation of the accounting for income taxes; Sufficiency of audit evidence over the Sale of the Worldpay Merchant Solutions business. Same as last year: Sufficiency of audit evidence over revenue
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Cash from operations $2.6B vs net income $382.0M (FY ending Dec 31, 2025)
7 more checks with nothing to note
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Same auditor in both 10-Ks: KPMG LLP
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No statement of substantial doubt about going concern
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No 8-K item 4.02 in the last 2 years
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No NT 10-K or NT 10-Q in the last 2 years
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No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years
In their words
9 paragraphs in Risk Factors that were not in the 10-K filed Feb 13, 2025. Quoted as filed.
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Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
FIS provides a number of systemically critical services, including the settlement of funds for financial institutions, other businesses and consumers and receives funds from clients, card issuers, payment networks and consumers on a daily basis for a variety of transaction types. Transactions facilitated by us include debit card, credit…
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Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
Portions of FIS' European operations are in scope for regulatory oversight by European Supervisory Agencies (ESAs) as defined by DORA. FIS' designation as a Critical Third-Party Provider under DORA subjects us to additional and new regulatory oversight processes in the E.U. These changes could result in increased costs to compliance.…
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Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
BRICS countries are working to reduce their reliance on the U.S. dollar and Western financial infrastructure due to sanctions, wars, and tariffs. BRICS is an international organization currently comprised of 11 countries, including Brazil, Russia, India, China, South Africa, Saudi Arabia, Egypt, United Arab Emirates, Ethiopia,…
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Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
In addition, as we continue to implement our business strategy and transform the organization, cost-control initiatives have resulted in a reduced workforce and reduced capacity in some areas of our business. As we seek to implement these changes to improve efficiency, adjustments to reduced staffing levels may affect our ability to…
New risk paragraphs, against peers
Latest 10-K of each, Financials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $9.7B | $9.8B | $10.1B | $10.7B |
| Net income | −$16.8B | −$6.7B | $1.4B | $382.0M |
| Operating cash flow | $3.9B | $4.3B | $2.2B | $2.6B |
| Free cash flow | $3.7B | $4.2B | $2.1B | $2.5B |
Revenue, FY2016 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$10.7B ▲ 5.4% in FY2025$382.0M ▼ 73.7% in FY2025$2.5B ▲ 18.1% in FY2025
Recent filings
4 filings in the last 30 days · SEC EDGAR
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BuyNov 10, 2026Gibson Kourtney (Director) bought $52K open-market purchase on Nov 6, 2026
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8-KNov 4, 2026Quarterly results 8-K item 2.02
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10-QNov 4, 2026Quarterly report (10-Q) period ended Sep 30, 2026
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BuyOct 16, 2026Goldstein Jeffrey A (Director) bought $58K open-market purchase on Oct 15, 2026, under a 10b5-1 plan
About the company
Fidelity National Information Services, Jacksonville, FL · from the 10-K filed Feb 24, 2026
FIS is a financial technology company providing solutions to financial institutions, businesses and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial systems. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology.
- Headquarters
- Jacksonville, FL
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Nov 4, 2026
Employees, at the top of the page: "As of December 31, 2025, we had more than 44,000 employees, including over 27,000 employees principally employed outside of the U" (10-K). Address and exchange: SEC's company file.
Email alerts
Sources
The 10-K filed Feb 24, 2026 (open at SEC), compared with the 10-K filed Feb 13, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/FIS/export.csv") into a cell.