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Fidelity National Information Services (FIS) guidance and outlook
Fidelity National Information Services (FIS) lowered its guidance on Nov 4, 2026: EBITDA +29% to +30% for FY2026; EPS +1.2% to +2.4% for FY2026; Free cash flow $2.1B–$2.2B for FY2026; Free cash flow $2.1B–$2.2B for FY2026. Fidelity National Information Services' 10-Q filed Nov 4, 2026 makes 16 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | +28% to +29% | new |
| EBITDA | FY2026 | +29% to +30% | lowered |
| EPS | FY2026 | +1.2% to +2.4% | lowered |
| Free cash flow | FY2026 | $2.1B–$2.2B | reaffirmed |
| EBITDA | FY2026 | +2.9% to +3.6% | new |
| Free cash flow | FY2026 | $2.1B–$2.2B | lowered |
| Free cash flow | FY2026 | +33% to +39% | reaffirmed |
| EPS | FY2026 | $2.00 | new |
From the earnings release filed Nov 4, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 4, 2026
- However, we incurred approximately $7.7 billion of new debt upon closing of the Issuer Solutions Acquisition in the first quarter of 2026, as further discussed in Note 7 to the consolidated financial statements, which will increase our interest expense in 2026.
- We expect to continue to invest an appropriate level of resources to maintain, enhance and extend the functionality of our proprietary systems and existing software applications, to develop new and innovative software applications and systems to address emerging technology trends in response to the needs of our clients, and to enhance the capabilities of our outsourcing infrastructure.
- We expect continued consolidation within the banking industry, primarily in the form of merger and acquisition activity among financial institutions, which generally increases competition among financial technology providers.
- To facilitate this expansion, we believe that payment processors will need to enhance their technology platforms so they can deliver these capabilities and differentiate their offerings from other providers.
- We believe that these market changes present both an opportunity and a risk for us, and we cannot predict which emerging technologies or solutions will be successful.
- Technical solutions that serve many customers are increasingly becoming targets of these kinds of attacks, including direct attacks on our supply chain partners, or our clients.
- This is a trend we expect to continue with widespread impacts.
- Using expertise we have gained from our ongoing focus and investment, we have developed and we offer fraud, security, risk management and compliance solutions to target this growth opportunity in the financial services industry.
- The income approach used discounted cash flow analyses based on management's most recent forecasts, including assumptions regarding projected revenue growth, operating margins, capital expenditures, working capital requirements and terminal growth rates.
- We also assessed the reasonableness of the aggregate estimated fair value of the reporting units by comparison to our market capitalization over a reasonable period of time, considering expected acquirer expense synergies and control premiums observed in historical transactions involving payments and financial technology companies.
- The estimated fair values of the reporting units are sensitive to changes in management's judgments and estimates, including projected revenue growth, operating margins, capital expenditures, working capital requirements, discount rates and market valuation multiples.
- We intend to continue to maintain investment-grade debt ratings.
Fidelity National Information Services' latest quarter
Fidelity National Information Services, Q3 2026: revenue $3.5B (+27% year over year), operating margin 19.1%, net earnings $357M, operating cash flow $976M. The chart follows the revenue to costs, profit and cash.
Questions
Did Fidelity National Information Services raise or lower its guidance?
Fidelity National Information Services (FIS) lowered its guidance on Nov 4, 2026: EBITDA +29% to +30% for FY2026; EPS +1.2% to +2.4% for FY2026; Free cash flow $2.1B–$2.2B for FY2026; Free cash flow $2.1B–$2.2B for FY2026.
What does Fidelity National Information Services expect?
However, we incurred approximately $7.7 billion of new debt upon closing of the Issuer Solutions Acquisition in the first quarter of 2026, as further discussed in Note 7 to the consolidated financial statements, which will increase our interest expense in 2026. We expect to continue to invest an appropriate level of resources to maintain, enhance and extend the functionality of our proprietary systems and existing software applications, to develop new and innovative software applications and systems to address emerging technology trends in response to the needs of our clients, and to enhance t
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.