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FIS
🇺🇸 NYSE:FIS
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OverviewEarningsDividends
•
Sep 30, 2021

FIS Q3 2021 Earnings Report

FIS reported increased revenue with strong profitability and cash flow, demonstrating superior execution. The company achieved annual run-rate revenue and operational expense synergies and accelerated share buybacks.

Key Takeaways

FIS reported a 10% increase in revenue to $3.5 billion in Q3 2021. Adjusted net earnings increased 21% to $1.1 billion and adjusted net earnings per share increased 22% to $1.73 per diluted share. The company successfully leveraged its broad portfolio and global reach to speed innovation and accelerated share buybacks.

Revenue grew by 10% to $3.5 billion.

Adjusted EBITDA grew 17% to $1.6 billion with margin expansion of 270 bps to 45.2%.

Adjusted net earnings increased 21% to $1.1 billion and adjusted EPS increased 22% to $1.73.

The company repurchased $1.2 billion in shares during the quarter.

Total Revenue
$3.51B
Previous year: $3.2B
+9.7%
EPS
$1.73
Previous year: $1.42
+21.8%
Adjusted EBITDA Margin
45.2%
Previous year: 42.5%
+6.4%
Gross Profit
$1.33B
Previous year: $1.09B
+21.6%
Cash and Equivalents
$1.39B
Previous year: $1.83B
-23.9%
Free Cash Flow
$1.78B
Previous year: $866M
+105.9%
Total Assets
$81.7B
Previous year: $83.2B
-1.8%

FIS

FIS

FIS Revenue by Segment

Forward Guidance

FIS expects full-year 2021 revenue to be between $13.9 billion and $14.0 billion and adjusted EPS to be between $6.50 and $6.60.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View FIS