What is Fidelity National Information Services's merchant solutions — goodwill impairment?

Fidelity National Information Services (FIS) reported merchant solutions — goodwill impairment of $6.80B in Q2 2023.

What does merchant solutions — goodwill impairment mean?

A write-down of the value of past acquisitions due to lower-than-expected performance.

Discontinued — last reported Q2 '23

Merchant Solutions — Goodwill Impairment

Fidelity National Information Services Merchant Solutions — Goodwill Impairment decreased by 61.4% to $6.80B in Q2 2023 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ1 2018

Last reportedQ2 2023

Rolls up toGoodwill impairment

How to read this metric

An increase is a negative signal indicating poor acquisition performance or deteriorating market conditions for the segment.

Detailed definition

A non-cash charge recognized when the carrying amount of goodwill in the merchant solutions segment exceeds its implied...

Peer comparison

Monitored by investors to assess the success of historical capital allocation strategies.

Metric ID: fis_segment_merchant_solutions_goodwill_impairment_loss

Historical Data

2 periods

	Q4 '22	Q2 '23
Value	$17.60B	$6.80B
QoQ Change	—	-61.4%

Range$6.80B – $17.60B

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Frequently Asked Questions

What is Fidelity National Information Services's merchant solutions — goodwill impairment?: Fidelity National Information Services (FIS) reported merchant solutions — goodwill impairment of $6.80B in Q2 2023.
What does merchant solutions — goodwill impairment mean?: A write-down of the value of past acquisitions due to lower-than-expected performance.