Fidelity National Information Services (FIS) financial statements
Fidelity National Information Services reported revenue of $10.7B in fiscal 2025, up 2.1% a year over 9 years.
Net income was $382M and the operating margin 16.3%, against 13.9% in 2016.
Free cash flow was $1.6B, and the company returned $847M in dividends and $1.4B in net buybacks.
The diluted share count rose 59% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Fidelity National Information Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.8B | $8.7B | $8.4B | $10.3B | $12.6B | $9.3B | $9.7B | $9.8B | $10.1B | $10.7B |
| Cost of revenue | $5.9B | $5.8B | $5.6B | $6.6B | $8.3B | $6.0B | $6.3B | $6.2B | $6.3B | $6.7B |
| Gross profit | $2.9B | $2.9B | $2.9B | $3.7B | $4.2B | $3.3B | $3.5B | $3.7B | $3.8B | $3.9B |
| Selling, general and admin | $1.7B | $1.4B | $1.3B | $2.7B | $3.5B | $2.1B | $2.2B | $2.1B | $2.2B | $2.3B |
| Operating income | $1.2B | $1.4B | $1.5B | $969M | $552M | $1.0B | $1.2B | $1.4B | $1.7B | $1.7B |
| Interest expense | $403M | $359M | $314M | $389M | $339M | $214M | $298M | $713M | $351M | $391M |
| Pre-tax income | $837M | $976M | $1.1B | $413M | $266M | $719M | $898M | $662M | $1.3B | $1.2B |
| Income tax | $291M | -$321M | $208M | $100M | $96M | $403M | $314M | $157M | $362M | $265M |
| Net income | $525M | $1.3B | $846M | $298M | $158M | $417M | -$16.8B | -$6.7B | $1.4B | $382M |
| EPS (diluted) | $1.59 | $3.75 | $2.55 | $0.66 | $0.25 | $0.67 | -$27.74 | -$11.26 | $2.61 | $0.73 |
| Diluted shares | 330M | 336M | 332M | 451M | 627M | 621M | 604M | 591M | 555M | 525M |
| Gross margin | 33.2% | 33.2% | 33.9% | 36.0% | 33.5% | 35.9% | 35.6% | 37.2% | 37.6% | 36.9% |
| Operating margin | 13.9% | 16.5% | 17.3% | 9.4% | 4.4% | 11.1% | 12.1% | 14.7% | 16.9% | 16.3% |
| Net margin | 5.9% | 14.5% | 10.0% | 2.9% | 1.3% | 4.5% | -172.3% | -67.7% | 14.3% | 3.6% |
Balance sheet
Fiscal years, from Fidelity National Information Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $683M | $665M | $703M | $1.2B | $2.0B | $2.0B | $456M | $440M | $834M | $599M |
| Receivables | $1.6B | $1.6B | $1.5B | $3.2B | $3.3B | $3.8B | $1.8B | $1.7B | — | — |
| Total current assets | $4.3B | $3.7B | $3.7B | $8.7B | $9.9B | $10.7B | $12.8B | $13.7B | $5.2B | $4.5B |
| Property, plant and equipment | $626M | $610M | $587M | $900M | $887M | $949M | $709M | $695M | $646M | $691M |
| Goodwill | $14.2B | $13.7B | $13.5B | $52.2B | $53.3B | $16.9B | $16.8B | $17.0B | $17.3B | $17.8B |
| Total assets | $26.0B | $24.5B | $23.8B | $83.8B | $83.8B | $82.9B | $63.3B | $55.0B | $33.8B | $33.5B |
| Total current liabilities | $3.2B | $4.0B | $3.1B | $10.4B | $12.4B | $14.5B | $16.2B | $18.2B | $6.1B | $7.6B |
| Long-term debt | $10.1B | $7.7B | $8.7B | $17.2B | $16.0B | $14.8B | $14.2B | $13.0B | $9.7B | $9.1B |
| Total liabilities | $16.2B | $13.7B | $13.5B | $34.4B | $34.4B | $35.4B | $35.9B | $35.9B | $18.1B | $19.6B |
| Shareholders' equity | $9.7B | $10.7B | $10.2B | $49.4B | $49.3B | $47.3B | $27.2B | $19.1B | $15.7B | $13.9B |
| Net debt | $9.8B | $8.1B | $8.0B | $16.2B | $15.3B | $14.4B | $15.9B | $13.9B | $9.8B | $9.8B |
Cash flow
Fiscal years, from Fidelity National Information Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.9B | $1.7B | $2.0B | $2.4B | $4.4B | $4.8B | $3.9B | $4.3B | $2.2B | $2.6B |
| Capital spending | $616M | $613M | $622M | $828M | $1.1B | $1.3B | $996M | $780M | $817M | $989M |
| Free cash flow | $1.3B | $1.1B | $1.4B | $1.6B | $3.3B | $3.6B | $2.9B | $3.6B | $1.4B | $1.6B |
| Stock-based compensation | $137M | $107M | $84M | $402M | $283M | $383M | $189M | $120M | $186M | $181M |
| Dividends paid | $341M | $385M | $421M | $656M | $868M | $961M | $1.1B | $1.2B | $800M | $847M |
| Share buybacks (net) | -$40M | -$153M | -$1.3B | -$453M | -$112M | -$2.1B | -$1.9B | -$522M | -$4.0B | -$1.4B |
| Net borrowing | -$1.0B | -$2.1B | $223M | $8.7B | -$1.4B | $633M | $989M | -$1.4B | -$7.7B | $1.1B |
| Free cash flow margin | 14.8% | 13.0% | 16.3% | 15.3% | 26.4% | 38.1% | 30.3% | 36.2% | 13.4% | 15.2% |
| Dividends per share | $1.03 | $1.15 | $1.27 | $1.45 | $1.38 | $1.55 | $1.88 | $2.08 | $1.44 | $1.61 |
Questions
What was Fidelity National Information Services's revenue in 2025?
$10.7B in fiscal 2025, from its 10-K filing.
How much free cash flow does Fidelity National Information Services generate?
$1.6B in fiscal 2025 (operating cash flow minus capital spending).
From Fidelity National Information Services's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.