Fidelity National Information Services (FIS) Gross Margin (2009 - 2026)
Fidelity National Information Services' (FIS) quarterly Gross Margin came in at 33.63% in Q1 2026, down 109.0% year-on-year from 373.63% in Q1 2025, and down 12.12% quarter-over-quarter from 38.26% in Q4 2025.
Fidelity National Information Services (FIS) Gross Margin (2009 - 2026) Analysis & Trends
Fidelity National Information Services' Gross Margin history runs 18 years deep, the most recent figure standing at 33.63% for Q1 2026.
- On a quarterly basis, Gross Margin fell 109.0% year-over-year to 33.63% in Q1 2026; TTM through Mar 2026 was 36.4%, a 66.0% decrease from a year earlier, with the FY2025 full-year figure at 36.86%, down 4352.0% from the prior year.
- Gross Margin declined to 33.63% in Q1 2026 per FIS's latest filing, from 38.26% in the prior quarter.
- Across five years, Gross Margin topped out at 38.61% in Q4 2023 and bottomed at 33.63% in Q1 2026.
- The 5-year median for Gross Margin is 37.08% (2023), against an average of 36.69%.
- Across the five-year window, Gross Margin sank 1123 bps in 2022 and soared 254 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 37.85% in 2022, then rose by 2 bps to 38.61% in 2023, then retreated by 3 bps to 37.59% in 2024, then gained by 2 bps to 38.26% in 2025, then slipped by 12 bps to 33.63% in 2026.
- Per Business Quant, the three latest FIS Gross Margin figures stand at 33.63% (Q1 2026), 38.26% (Q4 2025), and 37.84% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 57.73% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 32.77% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 33.61% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 31.48% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 33.63% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 32.79% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 28.54% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 32.09% |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn | 20.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.63% |
| Dec 31, 2025 | 38.26% |
| Sep 30, 2025 | 37.84% |
| Jun 30, 2025 | 36.39% |
| Mar 31, 2025 | 34.72% |
| Dec 31, 2024 | 37.59% |
| Sep 30, 2024 | 38.02% |
| Jun 30, 2024 | 37.91% |
| Mar 31, 2024 | 36.83% |
| Dec 31, 2023 | 38.61% |
| Sep 30, 2023 | 38.56% |
| Jun 30, 2023 | 37.08% |
| Mar 31, 2023 | 34.29% |
| Dec 31, 2022 | 37.85% |
| Sep 30, 2022 | 36.48% |
| Jun 30, 2022 | 36.00% |
| Mar 31, 2022 | 33.71% |
| Dec 31, 2021 | 49.08% |
| Sep 30, 2021 | 37.90% |
| Jun 30, 2021 | 38.56% |