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Dec 31, 2021

FIS Q4 2021 Earnings Report

FIS achieved revenue growth and margin expansion, driven by strong performance across all segments and the realization of synergies from the Worldpay acquisition.

Key Takeaways

FIS reported strong fourth-quarter results, with revenue increasing by 11% to $3.7 billion and adjusted EPS growing by 19% to $1.92. The company's performance was driven by growth in all operating segments and margin expansion due to revenue and cost synergies.

Fourth quarter revenue grew 11% year-over-year.

GAAP Diluted EPS was $0.47, while Adjusted EPS increased 19% to $1.92.

Adjusted EBITDA margin expanded by 120 basis points to 46.4%.

Acquired Payrix to enhance eCommerce offerings for SMB platforms.

Total Revenue
$3.67B
Previous year: $3.32B
+10.7%
EPS
$1.92
Previous year: $1.62
+18.5%
Adjusted EBITDA Margin
46.4%
Previous year: 45.2%
+2.7%
Gross Profit
$1.42B
Previous year: $1.21B
+17.8%
Cash and Equivalents
$2B
Previous year: $1.96B
+2.1%
Free Cash Flow
$845M
Previous year: $977M
-13.5%
Total Assets
$82.9B
Previous year: $83.8B
-1.1%

FIS

FIS

FIS Revenue by Segment

Forward Guidance

The company announced first quarter and full-year 2022 guidance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income