Fidelity National Information Services Inc. (FIS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
347 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 440 | 2,188 | 2,010 | 1,959 | 1,152 | 703 | |||
| Cash and cash equivalents | 440 | 2,188 | 2,010 | 1,959 | 1,152 | 703 | |||
| Restricted cash and investments | 2,071 | 1,519 | |||||||
| Receivables | 1,730 | 3,699 | 3,772 | 3,314 | 3,242 | 1,472 | |||
| Contract with customer, asset, after allowance for credit loss | 140 | 124 | 123 | ||||||
| Disposal group, including discontinued operation | 10,111 | ||||||||
| Other undisclosed current assets | 1,507 | 6,931 | 4,926 | 2,414 | 2,655 | 1,435 | |||
| Total current assets: | 13,788 | 12,818 | 10,708 | 9,898 | 8,692 | 3,733 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 695 | 862 | 949 | 887 | 900 | 587 | |||
| Long-term investments and receivables | |||||||||
| Long-term investments | |||||||||
| Intangible assets, net (including goodwill) | 18,794 | 43,232 | 64,869 | 67,196 | 68,040 | 16,677 | |||
| Goodwill | 16,971 | 34,276 | 53,330 | 53,268 | 52,242 | 13,545 | |||
| Intangible assets, net (excluding goodwill) | 1,823 | 8,956 | 11,539 | 13,928 | 15,798 | 3,132 | |||
| Contract with customer, asset, after allowance for credit loss | 240 | 91 | |||||||
| Capitalized contract cost, net | 1,076 | 1,080 | 969 | 917 | 667 | 475 | |||
| Restricted cash and investments | 540 | ||||||||
| Disposal group, including discontinued operation, noncurrent assets | 17,109 | ||||||||
| Deferred income tax assets | 40 | 38 | ✕ | ||||||
| Other noncurrent assets | 1,528 | 2,048 | 2,137 | 1,574 | 2,303 | 503 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 32 | ||
| Other undisclosed noncurrent assets | 1,875 | 3,238 | 3,299 | 3,330 | 2,626 | 1,672 | |||
| Total noncurrent assets: | 41,317 | 50,460 | 72,223 | 73,944 | 75,114 | 20,037 | |||
| TOTAL ASSETS: | 55,105 | 63,278 | 82,931 | 83,842 | 83,806 | 23,770 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,859 | 2,754 | 2,864 | 2,482 | 2,374 | 1,099 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 53 | 102 | 109 | 71 | ||
| Taxes payable | ✕ | ✕ | ✕ | 299 | 236 | 220 | 57 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 403 | 261 | 414 | 218 | ||
| Accounts payable | 733 | 1,620 | 1,829 | 1,576 | 1,386 | 687 | |||
| Accrued liabilities | 935 | 910 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 191 | 224 | 280 | 307 | 245 | 66 | |||
| Deferred revenue | 832 | 788 | 779 | 881 | 817 | ✕ | |||
| Debt | 6,108 | 5,930 | 5,528 | 4,064 | 2,963 | 315 | |||
| Disposal group, including discontinued operation | 8,884 | ||||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 739 | ||
| Other undisclosed current liabilities | 635 | 6,752 | 5,295 | 4,934 | 4,228 | 972 | |||
| Total current liabilities: | 18,318 | 16,224 | 14,466 | 12,361 | 10,382 | 3,125 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 12,970 | 14,207 | 14,825 | 15,951 | 17,229 | 8,670 | |||
| Long-term debt, excluding current maturities | 12,970 | 14,207 | 14,825 | 15,951 | 17,229 | 8,670 | |||
| Other undisclosed long-term debt and lease obligation | (453) | (466) | |||||||
| Liabilities, other than long-term debt | 4,718 | 5,441 | 6,108 | 6,043 | 6,739 | 1,753 | |||
| Deferred revenue | 59 | 52 | ✕ | ||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 67 | ||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,360 | ||
| Deferred income tax liabilities | 2,179 | 3,550 | 4,193 | 4,017 | 4,281 | ✕ | |||
| Disposal group, including discontinued operation, liabilities | 1,093 | ||||||||
| Other liabilities | 1,446 | 1,891 | 1,915 | 1,967 | 2,406 | 326 | |||
| Operating lease, liability | 453 | 466 | ✕ | ||||||
| Total noncurrent liabilities: | 17,688 | 19,648 | 20,933 | 21,994 | 23,968 | 10,423 | |||
| Total liabilities: | 36,006 | 35,872 | 35,399 | 34,355 | 34,350 | 13,548 | |||
| Temporary equity, carrying amount | 180 | 174 | 174 | ||||||
| Equity | |||||||||
| Equity, attributable to parent | 19,093 | 27,218 | 47,347 | 49,300 | 49,440 | 10,215 | |||
| Common stock | 6 | 6 | 6 | 6 | 6 | 4 | |||
| Treasury stock, value | (4,724) | (4,192) | (2,266) | (150) | (52) | (4,687) | |||
| Additional paid in capital | 46,935 | 46,735 | 46,466 | 45,947 | 45,358 | 10,800 | |||
| Accumulated other comprehensive income (loss) | (260) | (360) | 252 | 57 | (33) | (430) | |||
| Retained earnings (accumulated deficit) | (22,864) | (14,971) | 2,889 | 3,440 | 4,161 | 4,528 | |||
| Equity, attributable to noncontrolling interest | 6 | 8 | 11 | 13 | 16 | 7 | |||
| Total equity: | 19,099 | 27,226 | 47,358 | 49,313 | 49,456 | 10,222 | |||
| TOTAL LIABILITIES AND EQUITY: | 55,105 | 63,278 | 82,931 | 83,842 | 83,806 | 23,770 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 9,821 | 14,528 | 13,877 | 12,552 | 10,333 | 8,423 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (6,145) | (8,820) | (8,682) | (8,348) | (6,610) | (5,569) | ||
| Gross profit: | 3,676 | 5,708 | 5,195 | 4,204 | 3,723 | 2,854 | ||
| Operating expenses | (2,209) | (21,827) | (4,140) | (3,652) | (2,754) | (1,396) | ||
| Other operating income, net (Other undisclosed Other operating income, net) | ||||||||
| Operating income (loss): | 1,467 | (16,119) | 1,055 | 552 | 969 | 1,458 | ||
| Nonoperating income (expense) | (91) | 88 | (50) | 53 | (167) | (40) | ||
| Investment income, nonoperating | 92 | 25 | 2 | 5 | 52 | 17 | ||
| Other nonoperating income (expense) | (183) | 63 | (52) | 48 | (219) | (57) | ||
| Interest and debt expense | (713) | (300) | (216) | (339) | (389) | (314) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 663 | (16,331) | 789 | 266 | 413 | 1,104 | ||
| Income (loss) from equity method investments | 6 | (6) | (10) | (15) | ||||
| Other undisclosed income (loss) from continuing operations before income taxes | (6) | |||||||
| Income (loss) from continuing operations before income taxes: | 663 | (16,331) | 789 | 260 | 403 | 1,089 | ||
| Income tax expense | (157) | (377) | (371) | (96) | (100) | (208) | ||
| Income (loss) from continuing operations: | 506 | (16,708) | 418 | 164 | 303 | 881 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 418 | 164 | 303 | 881 | |
| Income (loss) from discontinued operations | (7,153) | |||||||
| Other undisclosed net income | 6 | |||||||
| Net income (loss): | (6,647) | (16,708) | 424 | 164 | 303 | 881 | ||
| Net loss attributable to noncontrolling interest | (7) | (12) | (7) | (6) | (5) | (35) | ||
| Net income (loss) available to common stockholders, diluted: | (6,654) | (16,720) | 417 | 158 | 298 | 846 | ||
Comprehensive Income ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (6,647) | (16,708) | 424 | 164 | 303 | 881 | ||
| Other comprehensive income (loss) | 100 | (612) | 195 | 90 | 397 | (116) | ||
| Comprehensive income (loss): | (6,547) | (17,320) | 619 | 254 | 700 | 765 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (7) | (12) | (7) | (6) | (5) | 18 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (35) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (6,554) | (17,332) | 612 | 248 | 695 | 748 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.