Screener / SEC EDGAR /CIK 0001136893 /10-K filed Feb 24, 2026, compared with Feb 13, 2025 /Numbers from the XBRL of the 10-Ks
Financials peers:
NYSE Financials · Business Services

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
Compare with peers Embed

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

16% operating margin
Revenue to Gross profit: $3.9BRevenue to Cost of revenue: $6.7BGross profit to Operating profit: $1.7BGross profit to Operating expenses: $2.2BOperating profit to Net profit: $382.0MOperating profit to Tax & other: $1.4B Revenue: $10.7B REVENUE $10.7B +5% Y/Y Gross profit: $3.9B · 37% margin GROSS PROFIT $3.9B 37% margin · +3% Y/Y Cost of revenue: $6.7B · 63% of revenue COST OF REVENUE $6.7B 63% of revenue Operating profit: $1.7B · 16% margin OPERATING PROFIT $1.7B 16% margin · +2% Y/Y Operating expenses: $2.2B · 21% of revenue OPERATING EXPENSES $2.2B 21% of revenue Net profit: $382.0M · 4% margin NET PROFIT $382.0M 4% margin · −74% Y/Y Tax & other: $1.4B · 13% of revenue TAX & OTHER $1.4B 13% of revenue
Gross profit $3.9B 37% margin · +3% Y/Y
Operating profit $1.7B 16% margin · +2% Y/Y
Net profit $382.0M 4% margin · −74% Y/Y
The full income statement, year by year

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.

Compare
Revenue growth: 5.4%, above 31% of 75 peers (their median 7.2%) REVENUE GROWTH 5.4% · above 31% Gross margin: 35.8%, above 0% of 8 peers (their median 57.7%) GROSS MARGIN 35.8% · above 0% Operating margin: 16.4%, above 30% of 27 peers (their median 26.3%) OPERATING MARGIN 16.4% · above 30% Net margin: 26.8%, above 73% of 75 peers (their median 20.1%) NET MARGIN 26.8% · above 73% FCF margin: 21.5%, above 50% of 48 peers (their median 21.4%) FCF MARGIN 21.5% · above 50% Return on capital: 3.6%, above 8% of 25 peers (their median 12.2%) RETURN ON CAPITAL 3.6% · above 8%
FIS Peer median Below the median

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.

How it works

1fact worth reading about the other 8 checks found nothing to note

  • Critical audit matters changed
    New 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
  • Cash from operations $2.6B vs net income $382.0M (FY ending Dec 31, 2025)
7 more checks with nothing to note
  • Same auditor in both 10-Ks: KPMG LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • 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.

All 9 new paragraphs
  1. 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…
  2. 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.…
  3. 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,…
  4. 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

All years
MetricFY2022FY2023FY2024FY2025
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

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

4 filings in the last 30 days · SEC EDGAR

All filings

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.

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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.