Fidelity National Information Services (FIS) 10-K Summary — Year Ended Dec 31, 2025
The filing provides limited operational details, with the business overview and risk factors sections only referenced by item numbers. The company reported a year of revenue growth that was uneven across quarters, with a sharp decline early followed by sequential increases and a substantial final quarter.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
The filing provides limited operational details, with the business overview and risk factors sections only referenced by item numbers. The company reported a year of revenue growth that was uneven across quarters, with a sharp decline early followed by sequential increases and a substantial final quarter.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$10.7B
Revenue reported for the fiscal year.
Operating income
$1.7B
Income from operations reported for the year.
Net income
$382M
Net income reported for the year.
Operating cash flow
n/a
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2025 | $2.5B | -75.0% |
| Jun 30, 2025 | $2.6B | +3.3% |
| Sep 30, 2025 | $2.7B | +3.9% |
| Dec 31, 2025 | $10.7B | +293.0% |
Business overview
The supplied filing sections do not contain a description of the company's business. The business overview is referenced only by item number, and no substantive text is provided.
Financial performance
Revenue declined sharply in the first quarter of the year, then grew sequentially in each subsequent quarter, with a large increase in the final quarter that lifted annual revenue. Operating income and net income were both positive for the year, though net income was significantly lower than operating income, indicating material non-operating charges.
Material risks
No risk factor descriptions are provided in the supplied filing context. The risk factors section is only referenced by item number, and no specific risks are stated.
Liquidity and capital
The company's principal cash requirements include operating expenses, debt service, and capital expenditures, and it maintains available liquidity through cash and revolving credit facilities. A recent acquisition was funded with new debt, and the company expects to replace that debt with permanent financing.
What to watch
Readers should monitor the refinancing of the term facility used to fund the Issuer Solutions Acquisition.