FIS Q3 revenue beats estimates on acquisition boost

FIS•2026-11-04

FIS reported Q3 revenue of $3.45 billion, up 27% and slightly above the $3.43 billion consensus, while adjusted EPS rose 6.6% year over year to $1.61. It forecast 2026 revenue of $13.45 billion to $13.51 billion and maintained its free cash flow target of $2.15 billion to $2.25 billion.

1. Quarterly results

FIS said Q3 revenue rose 27% to $3.45 billion, slightly beating the $3.43 billion analyst consensus. Adjusted EPS increased 6.6% year over year to $1.61, compared with a $1.60 consensus. Adjusted EBITDA was $1.48 billion, with a 42.90% margin.

2. Outlook and drivers

FIS forecast 2026 revenue of $13.45 billion to $13.51 billion and adjusted EPS of $5.82 to $5.89, and maintained its free cash flow target of $2.15 billion to $2.25 billion. The company said its acquisition of Total Issuing Solutions contributed to revenue and margin growth; favorable revenue mix and continued cost management also supported margin expansion. It closed the divestiture of its non-core prepaid business during its strategic review.