Business Segments · Cost of revenue

Banking Solutions — Cost of revenue

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

A rising cost of revenue relative to total revenue suggests margin compression and potential inefficiencies in service delivery.

Detailed definition

This includes the direct costs associated with providing banking services, such as data center operations, transaction p...

Peer comparison

Comparable to cost of goods sold (COGS) for service-based technology companies.

Metric ID: fis_segment_banking_solutions_cost_of_revenue

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$246.50M$407.00M
CAGR+13.4%
Avg YoY Growth+10.1%
Median YoY Growth+5.1%
Current Streak4 quarters growth

Frequently Asked Questions

What is Fidelity National Information Services's banking solutions — cost of revenue?
Fidelity National Information Services (FIS) reported banking solutions — cost of revenue of $407.00M in Q1 2026.
How has Fidelity National Information Services's banking solutions — cost of revenue changed year-over-year?
Fidelity National Information Services's banking solutions — cost of revenue increased by 57.1% year-over-year, from $259.00M to $407.00M.
What is the long-term trend for Fidelity National Information Services's banking solutions — cost of revenue?
Over 3 years (2022 to 2025), Fidelity National Information Services's banking solutions — cost of revenue has grown at a 6.1% compound annual growth rate (CAGR), from $986.00M to $1.18B.
What does banking solutions — cost of revenue mean?
The direct costs incurred to deliver banking services to customers.