Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Fidelity National Information Services Inc., consolidated income statement (quarterly data)

US$ in millions

3 months ended:	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018
Revenue	3,510)	3,713)	3,604)	3,719)	3,492)	3,672)	3,507)	3,475)	3,223)	3,315)	3,197)	2,962)	3,078)	3,342)	2,822)	2,112)	2,057)	2,167)	2,084)	2,106)	2,066)
Cost of revenue	(2,169)	(2,196)	(2,148)	(2,234)	(2,242)	(2,251)	(2,178)	(2,135)	(2,118)	(2,109)	(2,104)	(2,046)	(2,089)	(1,987)	(1,838)	(1,404)	(1,381)	(1,377)	(1,364)	(1,414)	(1,414)
Gross profit	1,341)	1,517)	1,456)	1,485)	1,250)	1,421)	1,329)	1,340)	1,105)	1,206)	1,093)	916)	989)	1,355)	984)	708)	676)	790)	720)	692)	652)
Selling, general, and administrative expenses	(1,004)	(1,024)	(977)	(1,082)	(1,035)	(966)	(989)	(977)	(1,006)	(903)	(862)	(870)	(881)	(1,232)	(757)	(317)	(361)	(321)	(283)	(339)	(358)
Asset impairments	—)	(17,605)	(17)	(29)	(58)	—)	(202)	—)	—)	(136)	—)	—)	—)	—)	(87)	—)	—)	—)	(95)	—)	—)
Operating income (loss)	337)	(17,112)	462)	374)	157)	455)	138)	363)	99)	167)	231)	46)	108)	123)	140)	391)	315)	469)	342)	353)	294)
Interest expense, net	(137)	(109)	(76)	(47)	(43)	(46)	(46)	(48)	(74)	(82)	(84)	(88)	(80)	(95)	(95)	(72)	(75)	(72)	(80)	(73)	(72)
Other income (expense), net	(11)	13)	(41)	30)	61)	7)	110)	324)	(493)	17)	(4)	74)	(39)	(211)	164)	(120)	(52)	2)	(58)	(4)	3)
Other income (expense), net	(148)	(96)	(117)	(17)	18)	(39)	64)	276)	(567)	(65)	(88)	(14)	(119)	(306)	69)	(192)	(127)	(70)	(138)	(77)	(69)
Earnings (loss) before income taxes and equity method investment earnings (loss)	189)	(17,208)	345)	357)	175)	416)	202)	639)	(468)	102)	143)	32)	(11)	(183)	209)	199)	188)	399)	204)	276)	225)
(Provision) benefit for income taxes	(48)	(155)	(91)	(77)	(54)	(125)	(41)	(302)	97)	(1)	(121)	(4)	30)	20)	(48)	(40)	(32)	(86)	(37)	(51)	(34)
Equity method investment earnings (loss)	—)	—)	—)	—)	—)	—)	—)	5)	1)	2)	—)	(7)	(1)	6)	(5)	(4)	(7)	(3)	(4)	(7)	(1)
Net earnings (loss)	141)	(17,363)	254)	280)	121)	291)	161)	342)	(370)	103)	22)	21)	18)	(157)	156)	155)	149)	310)	163)	218)	190)
Net earnings attributable to noncontrolling interest	(1)	(3)	(5)	(3)	(1)	—)	(3)	(1)	(3)	1)	(2)	(2)	(3)	(1)	(2)	(1)	(1)	(12)	(9)	(6)	(8)
Net earnings (loss) attributable to FIS common stockholders	140)	(17,366)	249)	277)	120)	291)	158)	341)	(373)	104)	20)	19)	15)	(158)	154)	154)	148)	298)	154)	212)	182)

Download chart

Income statement item	Description	The company
Revenue	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	Fidelity National Information Services Inc. revenue increased from Q3 2022 to Q4 2022 but then decreased significantly from Q4 2022 to Q1 2023.
Operating income (loss)	The net result for the period of deducting operating expenses from operating revenues.	Fidelity National Information Services Inc. operating income (loss) decreased from Q3 2022 to Q4 2022 but then increased from Q4 2022 to Q1 2023 not reaching Q3 2022 level.
Earnings (loss) before income taxes and equity method investment earnings (loss)	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Fidelity National Information Services Inc. earnings (loss) before income taxes and equity method investment earnings (loss) decreased from Q3 2022 to Q4 2022 but then increased from Q4 2022 to Q1 2023 not reaching Q3 2022 level.
Net earnings (loss) attributable to FIS common stockholders	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Fidelity National Information Services Inc. net earnings (loss) attributable to FIS common stockholders decreased from Q3 2022 to Q4 2022 but then increased from Q4 2022 to Q1 2023 not reaching Q3 2022 level.

Fidelity National Information Services Inc. (NYSE:FIS)

Income StatementQuarterly Data

Income Statement
Quarterly Data