What is Fidelity National's latest dividend and current dividend yield?

What is the revenue and EPS growth rate for Fidelity National year over year?

What were the key takeaways from Fidelity National’s earnings call?

What factors drove the changes in Fidelity National's revenue and profit?

What is Fidelity National's gross profit margin?

Did Fidelity National beat or miss consensus estimates last quarter?

What guidance did Fidelity National's management provide for the next earnings period?

What is the market's earnings forecast for Fidelity National next quarter?

- **Revenue Beat**: Q3 2025 adjusted revenue grew 6.3% YoY, exceeding expectations, with Banking (+6.2%) and Capital Markets (+6.4%) both outperforming.
- **Margin Expansion**: EBITDA margins expanded 50 bps to 41.8%, with 60+ bps further expansion expected in 2026.
- **AI-Driven Growth**: AI initiatives boosted ACV by 13% YoY, with 7 new deals from the Amount acquisition.
- **Free Cash Flow Target**: Full-year free cash flow conversion raised to >85%, with 90%+ by 2026.
- **Credit Issuer Deal**: $500 million+ free cash flow contribution from Q1 2026 credit issuer acquisition, adding 1 billion accounts.
- **Banking Momentum**: 3-4% organic Banking growth expected, supported by digital and payments innovation.


**【Management Opening Remarks】**
- FIS provided a comprehensive overview of Q3 2025 results, emphasizing non-GAAP metrics and forward-looking statements. The presentation highlighted adjusted EBITDA, net earnings, and free cash flow metrics, with reconciliations available in the earnings release.

**【CEO Summary Section】**
- **Revenue Growth**: Adjusted revenue increased 6.3% YoY to $2.7 billion, driven by strong recurring revenue and M&A contributions. The Banking segment grew 6.2%, exceeding expectations, while Capital Markets expanded 6.4%.
- **Profitability**: Adjusted EBITDA margins expanded 50 basis points to 41.8%, with both segments showing margin improvement. Adjusted EPS rose 7.9% to $1.51, reflecting operational efficiency.
- **Strategic Initiatives**: The Future Forward strategy focused on AI-driven sales (13% ACV growth YoY) and client retention (3% improvement). The acquisition of Amount added 7 new deals, enhancing digital onboarding capabilities.
- **Market Momentum**: Bank technology spending remains robust, with 75% of surveyed banks actively adopting AI. The credit issuer solutions acquisition, expected to close in Q1 2026, will add 1 billion accounts and $500 million in free cash flow by 2026.

**【CFO Financial Commentary】**
- **Cash Flow Performance**: Free cash flow reached $800 million (142% conversion), with full-year guidance raised to >85%. GAAP cash flow is expected to align with adjusted metrics, targeting 90%+ conversion by 2026.
- **Margin Expansion**: CFO highlighted 60+ basis points of margin expansion in 2026, driven by cost-saving programs and higher-margin recurring revenue. M&A dilution is expected to reverse, with the credit issuer deal contributing $700 million in free cash flow post-integration.
- **Financial Guidance Update**: Full-year revenue outlook raised by $65 million, with EBITDA and EPS guidance tightened. Capital expenditures remain disciplined at 7.9% of revenue.

**【Q&A Highlights】**
- **Banking Growth**: CEO expressed confidence in 3-4% organic Banking growth, driven by digital and payments. M&A in 2026 will focus on accretive deals, with no tuck-in acquisitions.
- **AI and Innovation**: AI is reshaping sales (13% ACV growth) and client retention (200 bps margin improvement). The credit issuer acquisition will enhance data capabilities, supporting AI-driven solutions.
- **Pricing Environment**: Rational pricing persists, with net pricing contributing 60 bps YoY. The NICE network remains stable, with 40 new clients signed in Q3.
- **Digital Assets**: FIS is enabling tokenized deposits and blockchain transactions via partnerships (e.g., Circle), while avoiding direct digital asset issuance.
- **Risk Management**: Fraud detection AI processes billions of transactions daily, reducing risk exposure.


FIS

FIS fundamentals

You can ask Aime