Earnings Call
Aug 4, 2026
Q2 FY2026
EPS Estimate
1.47
EPS Actual
1.48
Post-Earnings Close
$44.26
Earnings Reaction
-1.2%
FIS posted second quarter results that were broadly solid, with Banking outperforming and Capital Markets disappointing, a bifurcation that management addressed directly and that will define the investment debate for the remainder of the year. Pro forma revenue grew 5.3% to $3.4 billion, adjusted EBITDA margins expanded 113 basis points, and adjusted EPS grew 8.8%, toward the high end of guidance. The standout metric was free cash flow, which more than tripled year-over-year to $525 million, prompting a $100 million raise to the full-year outlook of $2.15, $2.25 billion, a 36% increase at the midpoint and a meaningful step toward management's stated $3 billion target by 2028.
Report generated on Aug 4, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
Read the full FIS analysis
The complete report, with key themes, analyst Q&A summary, notable quotes, and market context — is free with an account. No password, no card.