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FIS10-Q: Restructuring

FIS is divesting non-strategic businesses, causing a 26% revenue drop in its 'Corporate and Other' segment.

What happened

The company is actively running off non-strategic business lines, which requires decoupling of integrated systems, data migration, and managing transitional service agreements.

Source

SEC EDGARAug 4, 2026

Quarterly report (Form 10-Q)

FIS 10-Q

Filing excerpt

Revenue in our Corporate and Other segment decreased 26% for the three months ended June 30, 2026, primarily due to the run-off of certain non-strategic businesses.

sec.gov/Archives/edgar/data/1136893/000113689326000050/fis-20260630.htmRead the full source

Other signals in this filing (9)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Restructuring

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
06/30
Filed
Aug 4, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$29M (Revenue decrease in Corporate and Other segment for Q2 2026)
Percent
-26% (Revenue change in Corporate and Other segment for Q2 2026)

Details

CIK
1136893
Accession number
0001136893-26-000050
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Change management needs
Signal category
Workforce

Topics and mentions

Vendors

  • Worldpay

Extraction

Confidence
High
Relevance
70%
Sentiment
Neutral
Detected
Aug 11, 2026
signal_type
sec-10q
signal_subtype
restructuring

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/6034edb7-4862-4c2f-9faa-fc287c609c75 returns this record as JSON. POST /v1/companies/enrich returns every signal for fisglobal.com.

{
  "signal_id": "6034edb7-4862-4c2f-9faa-fc287c609c75",
  "signal_type": "sec-10q",
  "signal_subtype": "restructuring",
  "detected_at": "2026-08-11T08:11:49.061+00:00",
  "company": {
    "name": "FIS",
    "domain": "fisglobal.com"
  },
  "data": {
    "detail": "The company is actively running off non-strategic business lines, which requires decoupling of integrated systems, data migration, and managing transitional service agreements. This creates opportunities for IT consulting and services firms specializing in divestitures and system separation.",
    "metrics": {
      "pct": -0.26,
      "timeframe": "current_quarter",
      "pct_context": "Revenue change in Corporate and Other segment for Q2 2026",
      "dollar_context": "Revenue decrease in Corporate and Other segment for Q2 2026",
      "dollar_millions": 29
    },
    "summary": "FIS is divesting non-strategic businesses, causing a 26% revenue drop in its 'Corporate and Other' segment.",
    "excerpts": "Revenue in our Corporate and Other segment decreased 26% for the three months ended June 30, 2026, primarily due to the run-off of certain non-strategic businesses.",
    "relevance": 0.7,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1136893/000113689326000050/fis-20260630.htm",
    "filing_date": "2026-08-04",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "06/30",
    "sales_relevance": "Change management needs",
    "signal_category": "workforce",
    "vendors_mentioned": [
      "Worldpay"
    ]
  }
}

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