Filing Flows › Fidelity National Information Services (FIS) › Q1 2026
Fidelity National Information Services (FIS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Fidelity National Information Services (FIS) reported revenue of $3.3B for the first quarter 2026 (Q1 2026), +30% from a year earlier and +17% from the quarter before. Operating margin was 12.8%, net earnings $2.4B (71.8% of revenue).
Fidelity National Information Services, Q1 2026: revenue $3.3B (+30% year over year), operating margin 12.8%, net earnings $2.4B, operating cash flow $713M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3B | +17% | +30% |
| Gross profit | $1.1B | +3% | +26% |
| Operating profit | $423M | -20% | +22% |
| Net earnings | $2.4B | +362% | 30× |
| Operating cash flow | $713M | -6% | +56% |
| Free cash flow | $452M | — | +102% |
What changed
Revenue was $3.3B in Q1 2026, up 30% year over year and up 17% from the previous quarter.
Gross margin was 33.6%, down 1.1 points from Q1 2025. Operating profit was $0.42B, a 12.8% margin (down 0.9 points year over year). Of the extra revenue versus Q1 2025, 10% reached operating profit, below the 14% margin then. Operating expenses grew 29% against revenue growth of 30%. Net earnings were $2.4B, up 2973% year over year. The effective tax rate was 4.3%. Non-operating items added $2.0B, 83% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.71B (up 56% year over year), 30% of net earnings. Non-cash charges added back $0.63B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $2.3B. After capital expenditures ($0.26B), free cash flow as the company reports it was $0.45B.
Questions
What was Fidelity National Information Services' revenue in the first quarter 2026?
Fidelity National Information Services (FIS) reported revenue of $3.3B for the first quarter 2026 (Q1 2026), +30% from a year earlier and +17% from the quarter before.
Was Fidelity National Information Services profitable in the first quarter 2026?
Operating profit was $423M (12.8% of revenue) and net earnings $2.4B.
Source: Fidelity National Information Services 10-Q on SEC EDGAR.