Fidelity National Information Services reported second quarter 2026 GAAP revenue of $3.4 billion, slightly missing estimates, while adjusted EPS of $1.48 narrowly beat expectations. Pro forma revenue, which adjusts for the recent Total Issuing Solutions acquisition, grew 5.3% year-over-year.
Key Highlights
- Full-year 2026 pro forma revenue growth guidance was lowered to a range of 4.5% - 5.0%, down from the prior range of 5.1% - 5.7%.
- Second quarter pro forma revenue growth came in at 5.3%, just below the consensus estimate of 5.4%.
- Free cash flow was $525 million, up 220% year-over-year, prompting the company to raise its full-year free cash flow target by $100 million to a range of $2.15 - $2.25 billion.