Fidelity National Information Services Reports Q3 2026 Results with Downward Guidance Revision
Fidelity National Information Services (FIS) reported third-quarter results for 2026, characterized by strong recurring revenue growth and significant free cash flow expansion. Pro forma revenue grew 3.7% driven by the Banking Solutions segment, while adjusted EPS rose 6.6% to $1.61. The company achieved a year-to-date free cash flow of $1.9 billion, representing a 57% increase over the previous year. Despite current performance, management issued a cautious outlook for both the remainder of 2026 and 2027. Full-year revenue guidance was revised downward due to client-led implementation delays and bank consolidation. Furthermore, FIS anticipates significant headwinds in 2027, including a projected $400 million reduction in nonrecurring revenue and margin pressure from increased cybersecurity investments.
Topics: earnings report EPS free cash flow guidance revision revenue growth
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Part of the story Health Catalyst Reports Q3 2026 Results Exceeding Revenue and EBITDA Guidance (7 articles)