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Fidelity National Information Services FIS Banking Solutions — Allocated Costs

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Other financials

Income statement

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Revenue$3.3B+30.1%
Gross profit$1.1B+26.1%
Operating income$423.0M+21.9%
Net income$2.4B+2,973%
EPS (diluted)$4.58+2,953%

Balance sheet

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Cash & equivalents$779.0M-3.2%
Total debt$21.0B+114%
Total equity$16.0B+6.1%
Total assets$43.5B+32.4%

Cash flow

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Operating cash flow$713.0M+56.0%
CapEx$50.0M+35.1%
Free cash flow$663.0M+57.9%

Valuation

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Market cap$20.1B-48.6%
Enterprise value$40.36B-19.6%
P/E7.5×-341×
P/S1.8×-2.0×

Profitability

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Gross margin36.4%-0.7pp
Operating margin15.9%-0.8pp
Net margin23.3%+15.3pp
FCF margin23.6%+0.8pp

Returns & leverage

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Return on equity17.2%+12.3pp
Debt / equity1.3×+0.7×
Current ratio0.6×0.0×

Where this comes from

Reported directly by Fidelity National Information Services in its filing.

Tagged under the XBRL concept fis:AllocatedCosts.

The official record: Fidelity National Information Services’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fidelity National Information Services's banking solutions — allocated costs?
Fidelity National Information Services (FIS) reported banking solutions — allocated costs of $209M in Q1 2026.
How has Fidelity National Information Services's banking solutions — allocated costs changed year-over-year?
Fidelity National Information Services's banking solutions — allocated costs increased by 10.6% year-over-year, from $189M to $209M.
What is the long-term trend for Fidelity National Information Services's banking solutions — allocated costs?
Over 3 years (2022 to 2025), Fidelity National Information Services's banking solutions — allocated costs has grown at a 0.6% compound annual growth rate (CAGR), from $703M to $716M.
What does banking solutions — allocated costs mean?
This represents the portion of corporate-level expenses, such as administrative, legal, and shared service costs, that are distributed to the Banking Solutions segment. It provides a more accurate picture of the segment's true profitability by accounting for its share of the parent company's overhead.