FISFidelity National Information Services
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
The biggest changes in the 10-K filed 2026-02-24, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.
Net income
-73.7% Big change FY to 2025-12-31 vs 2024-12-31“The decrease in the effective tax rate for the year ended December 31, 2025, was predominately driven by comparatively lower income tax relating to foreign earnings in 2025, together with a decrease in 2025 income tax expense due to increased tax credits.”
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Cash from operations
+19.9% Big change FY to 2025-12-31 vs 2024-12-31“increase in cash flows from operations is primarily due to higher net earnings adjusted for non-cash items and improved working capital management.”
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Gross margin
37.6% → 36.9% (-0.7 pts) FY to 2025-12-31 vs 2024-12-31“Cost of revenue for the year ended December 31, 2025, increased primarily due to increased direct cost of revenue associated with higher transaction volumes and higher amortization of internally developed software.”
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“Gross profit for the year ended December 31, 2025, increased primarily driven by the profit associated with the revenue increases noted above.”
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Operating margin
16.9% → 16.3% (-0.6 pts) FY to 2025-12-31 vs 2024-12-31“Selling, general and administrative expenses for the year ended December 31, 2025, increased primarily due to higher net personnel costs, including an increase in one-time severance costs incurred as part of our enterprise-wide cost savings initiatives, as well as an increase in the amortization of deferred commissions.”
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Revenue
+5.4% FY to 2025-12-31 vs 2024-12-31“Revenue for the year ended December 31, 2025, increased primarily due to recurring revenue growth in both the Banking and Capital Markets segments.”
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“Revenue growth for the year ended December 31, 2025, was partially offset by a decrease in our Corporate and Other segment primarily due to the divestiture of a non-strategic business during the first quarter of 2025.”
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Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗
Work on FIS in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/FIS/export.csv") into a cell.