Fidelity National Information Services (FIS) Revenue — Quarter Ended Mar 31, 2023
Revenue declined compared to the immediately preceding quarter but rose compared to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue declined compared to the immediately preceding quarter but rose compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4B
Revenue reported for this quarter.
Quarter-over-quarter
-5.0%
Change from the immediately preceding quarter.
Year-over-year
+1.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $4.8B | +39.3% |
| Sep 30, 2022 | -$16M | -100.5% |
| Dec 31, 2022 | $2.5B | +391.7% |
| Mar 31, 2023 | $2.4B | +1.3% |
Revenue performance
Revenue for the reporting quarter decreased sequentially, while it increased on a year-over-year basis.
Quarterly comparison
Compared with the prior quarter, revenue was lower; versus the same quarter last year, revenue was higher.
What to watch
The sequential decline may warrant monitoring in upcoming quarters.