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Fidelity National Information Services, Inc.
FIS · NYSEInformation Technology
The economic chain
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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Technology &railscloud, card networks, dataFIS coreplatformsthe processing & software…Software &servicesbanking, capital markets,…Financialinstitutionsbanks, credit unions, cap…End customersdepositors, investors, ca…CLDCloud & data centersAWSAmazon (AWS)AZMicrosoft (Azure)VVisaMAMastercardFISFISFIFiservJKHYJack HenryTEMTemenosBNKBanking SolutionsISSIssuer SolutionsCAPCapital Market SolutionsFITBFifth Third BankBMOBMO (Bank of Montreal)FIsBanks & credit unionsCMFCapital-markets firmsYOUDepositors & cardholders
Company details
Market cap
$21B
P/E ratio
Div yield
4.0%
EPS (TTM)
$5.20
Profit margin
24%
Rev. growth
+5%
Revenue
$10.7B
Free cash flow
$1.4B
In plain English
FIS is the invisible software backbone of banking. It runs the core-banking, payments, capital-markets and card-issuer systems that thousands of banks and credit unions rent instead of building — a sticky, recurring-fee business. After buying then unwinding Worldpay, it re-focused in Jan 2026: it fully exited Worldpay and bought Global Payments' Issuer Solutions business (~$13.5B), adding card-issuer processing as a third pillar.
In simple terms
What Fidelity National Information Services, Inc. really sells
FIS is the invisible software backbone of banking. It runs the core-banking, payments, capital-markets and card-issuer systems that thousands of banks and credit unions rent instead of building — a sticky, recurring-fee business. After buying then unwinding Worldpay, it re-focused in Jan 2026: it fully exited Worldpay and bought Global Payments' Issuer Solutions business (~$13.5B), adding card-issuer processing as a third pillar.
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Risk read
Moderate
SteadierMore speculative
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