01—Abstract
Summary
Summary of the 8-K filed April 17, 2025. Cited figures are marked; the original filing is the authoritative source.
Fidelity National Information Services, Inc. (FIS) has filed an 8-K reporting preliminary first quarter 2025 financial results and re-affirming its full-year 2025 guidance.
The company anticipates its Q1 revenue to be between $2,485 milliona and $2,510 million, with preliminary results coming in at $2,532 million, exceeding the higher end of the outlook. Adjusted EBITDA and Adjusted EPS are also projected to be at the high-end of their respective outlook ranges.
Notably, the company also announced a significant strategic transaction: the acquisition of Global Payments' Issuer Solutions business for approximately $13.5 billionb and the sale of its Worldpay Holdco business to Global Payments for approximately $24.25 billion. This strategic move is expected to reshape FIS's business portfolio, though its full impact is not factored into the 2025 guidance as the transaction is slated for closure in 2026.
02—Key points
Key Highlights
- FIS released preliminary Q1 2025 revenue of $2,532 million, exceeding its outlook range of $2,485 - $2,510 million.
- Preliminary Q1 2025 Adjusted EBITDA of $958 million and Adjusted EPS of $1.21 are both at the high-end of their respective outlook ranges.
- The company is re-affirming its previously issued full-year 2025 guidance for Revenue, Adjusted EBITDA, and Adjusted EPS.
- FIS has entered into an agreement to acquire Global Payments' Issuer Solutions business for approximately $13.5 billion.
- Concurrently, FIS will sell its Worldpay Holdco business to Global Payments for approximately $24.25 billion.
- The strategic transaction is anticipated to close in 2026, and its financial impacts are not included in the current 2025 guidance.
- The company will report its full Q1 2025 financial results on May 6, 2025.
03—Questions
Frequently Asked Questions
What are FIS's preliminary financial results for the first quarter of 2025?
FIS anticipates reporting Q1 2025 revenue between $2,485 million and $2,510 million, with preliminary estimates at $2,532 million. Adjusted EBITDA is projected to be $958 million, and Adjusted EPS is estimated at $1.21. Both Adjusted EBITDA and Adjusted EPS are expected to be at the high-end of the company's previously provided outlook.
What is the significant strategic transaction announced by FIS?
FIS has entered into a transaction agreement to acquire the Issuer Solutions business from Global Payments for approximately $13.5 billion. In a related move, FIS will sell its Worldpay Holdco business to Global Payments for approximately $24.25 billion. This represents a substantial reshaping of FIS's business operations.
When is the strategic transaction expected to close and how does it affect current guidance?
The strategic transaction is not expected to close until 2026, subject to regulatory approvals and other customary conditions. Therefore, the financial impacts of this transaction are not included in the re-affirmed full-year 2025 guidance.
When will FIS release its official first-quarter 2025 financial results?
FIS plans to officially report its complete financial results for the first quarter ended March 31, 2025, on May 6, 2025.
04—Continue