FIS (NYSE: FIS) today reported its financial results for the second quarter of 2025.
On a GAAP basis, revenue increased by 5% compared to the previous period to about $ 2.6 billion. GAAP’s net profits attributed to common shareholders by ongoing businesses were (470) million or $ (0.90) per diluted share, including (539) million non -cash costs to reflect FIS’s deferred tax liability costs.
On a customized basis, revenue increased by 5% compared to the previous year, reflecting the repetitive revenue increase by 6%. Customized EBITDA increased by 5% to about $ 1.0 billion and the customized EBITDA margin was relatively level compared to the previous period at 39.8%. Customized net profits from ongoing businesses were $ 716 million and customized EPS increased by 1% compared to the previous period to $ 1.36 per share diluted share.
As of June 30, 2025, debt pending amounted to $ 12.9 billion. In the second quarter, the net cash provided by operating activities were $ 382 million and the custom free cash flow was $ 292 million. In the second quarter, the company returned $ 459 million to shareholders through a $ 246 million shares and $ 242 million in dividends.
The company acquired $ 246 million in the second quarter and reiterates its target to repurchase about $ 1.2 billion in 2025. In addition, the company will continue to pay quarterly dividends targeting shares per share, according to EPS.
FIS increased its prospects for revenue increase to 4.8 to 5.3% and the adapted EPS increase to 10 to 11%.
On April 17, 2025, FIS entered into definitive agreements for (i) to buy Solutions of the publisher from Global Payments Inc. For a business value of $ 13.5 billion, including $ 1.5 billion of the expected net present value of tax data or a net purchase price of $ 12.0 billion. Billions of net trading fees and other expenses.
The completion of the transaction depends (inter alia) the expiry or end of the waiting period applied to the transactions under the law on improving the 1976 Hart-Scott-Rodino antitrust.
FIS expects to finance the issuer of the publisher by a combination of about $ 8 billion and new debt and revenue after taxes from the sale of WorldPay minorities. Following the closure of transactions, the company expects the Pro Forma Gross Mearce to be about 3.4x, removing the 2.8X gross leverage in 18 months.
Transactions are expected to close simultaneously in the first half of 2026, subject to regulatory approvals and other usual closure conditions.