FIS Q2 Revenue Rises 5% Amid $850M Trading Surge, Shares Fall 8.5% Despite Buybacks

On August 5, 2025, Fidelity National Information Services (FIS) reported a 5% year-over-year revenue increase to $2.6 billion in Q2 2025, driven by 6% growth in its Banking Solutions and Capital Market Solutions segments. Adjusted EPS rose 1% to $1.36, while GAAP net earnings from continuing operations fell to a $470 million loss, primarily due to a $539 million non-cash deferred tax liability charge linked to the Worldpay minority interest sale. The company repurchased $246 million of shares in Q2, reaffirming its 2025 buyback target of $1.2 billion. FIS raised its full-year revenue growth outlook to 4.8–5.3% and adjusted EPS growth to 10–11%, citing recurring revenue strength and operational efficiencies.

Trading volume surged 272.56% to $0.85 billion on August 5, but the stock closed 8.54% lower. The decline contrasts with strong operational performance, as adjusted EBITDA increased 5% to $1.0 billion, and free cash flow reached $292 million. Shareholder returns remain a focus, with $459 million returned through buybacks and dividends in Q2. Strategic initiatives, including the pending $13.5 billion Issuer Solutions acquisition, are expected to close in early 2026, pending regulatory approvals.

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