Fidelity National Information Services Banking Solutions — Cost of revenue increased by 28.8% to $407.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 57.1%, from $259.00M to $407.00M. Over 3 years (FY 2022 to FY 2025), Banking Solutions — Cost of revenue shows an upward trend with a 6.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising cost of revenue relative to total revenue suggests margin compression and potential inefficiencies in service delivery.
This includes the direct costs associated with providing banking services, such as data center operations, transaction p...
Comparable to cost of goods sold (COGS) for service-based technology companies.
fis_segment_banking_solutions_cost_of_revenue| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $246.50M | $246.50M | $246.50M | $246.50M | $259.00M | $259.00M | $259.00M | $259.00M | $247.00M | $268.00M | $250.00M | $272.00M | $259.00M | $289.00M | $313.00M | $316.00M | $407.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +5.1% | +0.0% | +0.0% | +0.0% | -4.6% | +8.5% | -6.7% | +8.8% | -4.8% | +11.6% | +8.3% | +1.0% | +28.8% |
| YoY Change | — | — | — | — | +5.1% | +5.1% | +5.1% | +5.1% | -4.6% | +3.5% | -3.5% | +5.0% | +4.9% | +7.8% | +25.2% | +16.2% | +57.1% |