Form 10-Q · Quarterly report
Fidelity National Information Services 10-Q, filed Aug 4, 2026
- Filed
- CIK
- 0001136893
- Accession no.
- 0001136893-26-000050
Summary
Fidelity National Information Services (FIS) reported that it closed its acquisition of Global Payments' Issuer Solutions business and simultaneously sold its remaining equity interest in Worldpay to Global Payments on January 9, 2026, funding the purchase with roughly $7.7 billion of new debt plus the sale proceeds. FIS recorded an estimated pre-tax gain of $2.2 billion on the Worldpay minority interest sale in the first quarter of 2026, a figure it said could change materially with post-closing adjustments.
Key points
- FIS sold a 55% stake in Worldpay Merchant Solutions to GTCR-managed funds on January 31, 2024 and retained a 45% non-controlling interest in Worldpay Holdco, which it agreed on April 17, 2025 to sell to Global Payments.
- The Issuer Solutions acquisition and the Worldpay minority interest sale both closed on January 9, 2026.
- FIS recorded estimated tax expense of $44 million related to the Worldpay sale, net of reversing its Worldpay deferred tax liability.
- FIS said tariffs had not significantly affected its financial condition or results of operations as of June 30, 2026, and that added debt will raise 2026 interest expense.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management's Discussion Overview About FIS FIS is a financial technology company providing solutions to financial institutions, businesses and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial systems. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. …
An excerpt of the text as filed with the SEC, cut for length.
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