Discontinued — last reported Q3 '24
Processing Services — Revenue
Fidelity National Information Services Processing Services — Revenue increased by 3.2% to $1.73B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 5.7%, from $1.64B to $1.73B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests higher transaction volumes or successful expansion of the client base within the financial services sector, while a decrease may indicate client churn or pricing pressure in the core banking market.
Detailed definition
This metric represents the total revenue generated from core banking processing, ancillary financial services, and relat...
Peer comparison
Comparable to core banking technology revenue or transaction processing fees reported by major fintech and financial infrastructure providers.
fis_segment_processing_services_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.69B | $2.70B | $2.73B | $2.93B | $1.64B | $1.63B | $1.65B | $1.64B | $1.68B | $1.68B | $1.73B |
| QoQ Change | — | +0.2% | +1.2% | +7.4% | -44.1% | -0.2% | +0.7% | -0.4% | +2.6% | -0.2% | +3.2% |
| YoY Change | — | — | — | +8.8% | -39.3% | -40.1% | -43.8% | +0.1% | +2.9% | +2.0% | +5.7% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Fidelity National Information Services's processing services — revenue?
- Fidelity National Information Services (FIS) reported processing services — revenue of $1.73B in Q3 2024.
- How has Fidelity National Information Services's processing services — revenue changed year-over-year?
- Fidelity National Information Services's processing services — revenue increased by 5.7% year-over-year, from $1.64B to $1.73B.
- What does processing services — revenue mean?
- The total revenue earned from providing core technology and transaction processing services to financial institutions.