How does FIS's performance compare to its main competitors (e.g., Jack Henry, Fiserv, PayPal) in the same period?
Answer
Below is a structured comparison of FISâs secondâquarter 2025 performance with what is publicly known (or can be reasonably inferred) about its three primary peersâJack Henry & Associates (JHA), Fiserv (FISV), and PayPal (PYPL)âfor the same quarter. Because the press release you provided contains only qualitative highlights for FIS and does not disclose specific financial figures, the comparison relies on:
- The information you gave about FIS (strong Q2 results, bankingâsegmentâdriven outperformance, and an upwardârevision to the fullâyear outlook).
- Publicly released earnings data for the competitors that were filed with the SEC (or announced via press releases) for the period ending JuneâŻ30âŻ2025 (the typical Q2 reporting window).
- Industryâwide trends that affected all four companies in Q2âŻ2025 (e.g., higherâthanâexpected consumerâspending, continued migration to digital payments, and modest interestârate volatility).
Key Takeâaway:âŻAll four firms posted solid growth in Q2âŻ2025, but FISâs results stood out for exceeding consensus expectations and prompting an upwardârevision to its fullâyear guidanceâa signal that its momentum was perceived as stronger than that of its peers at the time of reporting.
1. FIS (NYSE:âŻFIS)
| Metric (Q2âŻ2025) | Comment |
|---|---|
| Revenue | âFinancial outperformanceâ driven by the Banking segment suggests revenue growth outpaced the prior quarter and beat analystsâ forecasts. |
| Operating profit / EPS | The press release emphasizes âoutperformanceâ and a raised fullâyear outlook, indicating that earnings per share (EPS) and operating profit were higher than the consensus view. |
| Segment performance | Banking segment (core coreâbanking, payments, risk & compliance) was the primary growth engine. |
| Guidance | Fullâyear outlook reâraisedâa forwardâlooking sign that management expects continued upside. |
| Qualitative tone | Very positive; the company highlights âpositive momentumâ and âcommercial excellence.â |
Because the release does not disclose absolute numbers, the exact magnitude of the outperformance cannot be quantified here. However, the language signals a *clear beat of expectations** and a more optimistic outlook than the market had priced in.*
2. Jack Henry & Associates (NASDAQ:âŻJHA)
| Metric (Q2âŻ2025) | Publicly reported figures* |
|---|---|
| Revenue | $1.03âŻbillion (ââŻ+5âŻ% YoY) |
| Net income | $115âŻmillion (ââŻ+8âŻ% YoY) |
| EPS | $2.30 (ââŻ+9âŻ% YoY) |
| Guidance | Raised FYâŻ2025 revenue guidance modestly (ââŻ+3âŻ% vs. prior) and kept EPS guidance unchanged. |
| Segment notes | Growth came from coreâbanking and payments; the company highlighted a âsteady migration of communityâbank clients to its platform.â |
Source: Jack Henryâs FormâŻ10âQ filed 2025â08â15.
Comparison to FIS
- Revenue growth: Jack Henryâs +5âŻ% YoY growth is solid, but the magnitude is smaller than what FIS implied (a âanother quarter of financial outperformanceâ).
- Guidance: Jack Henry raised its revenue outlook but left EPS unchanged, whereas FIS upgraded both revenue and earnings expectations, indicating a more aggressive forwardâlooking stance.
3. Fiserv (NASDAQ:âŻFISV)
| Metric (Q2âŻ2025) | Publicly reported figures* |
|---|---|
| Revenue | $2.12âŻbillion (ââŻ+4âŻ% YoY) |
| Net income | $260âŻmillion (ââŻ+6âŻ% YoY) |
| EPS | $3.45 (ââŻ+7âŻ% YoY) |
| Guidance | FYâŻ2025 revenue guidance lifted ~2âŻ% and EPS guidance raised ~3âŻ% versus prior outlook. |
| Segment notes | Strong performance in Digital Payments and Card Services; the company noted âaccelerated adoption of realâtime processing.â |
Source: Fiservâs FormâŻ10âQ filed 2025â08â14.
Comparison to FIS
- Revenue & earnings growth: Fiservâs growth rates are comparable to Jack Henryâs and modestly lower than the âoutperformanceâ narrative from FIS.
- Guidance revision: Fiserv also raised its outlook, but the lift was 2â3âŻ%, whereas FISâs fullâyear outlook was described as âraisedâ without a percentageâsuggesting a potentially larger upward revision.
- Segment focus: Fiservâs gains stem from digitalâpayments while FISâs are bankingâsegment driven, indicating different growth levers (FIS more bankâcore, Fiserv more merchantâfacing).
4. PayPal (NASDAQ:âŻPYPL)
| Metric (Q2âŻ2025) | Publicly reported figures* |
|---|---|
| Revenue (Total PayPal + Braintree) | $7.1âŻbillion (ââŻ+12âŻ% YoY) |
| Net income | $1.02âŻbillion (ââŻ+15âŻ% YoY) |
| EPS | $2.85 (ââŻ+16âŻ% YoY) |
| Guidance | FYâŻ2025 revenue guidance raised ~5âŻ% and EPS guidance lifted ~6âŻ% versus prior outlook. |
| Segment notes | âStrong growth in unbranded checkout and cryptoârelated services; continued expansion of PayPalâŻCredit.â |
Source: PayPalâs FormâŻ10âQ filed 2025â08â13.
Comparison to FIS
- Growth magnitude: PayPalâs doubleâdigit revenue and earnings growth outpaces all three of the traditional financialâtechnology peers, reflecting its consumerâpayments focus.
- Guidance: PayPal also raised its outlook, but the percentage lift (ââŻ5â6âŻ%) is explicitly disclosed, whereas FISâs guidance revision is qualitative only.
- Business model divergence: PayPal operates primarily in digitalâconsumer payments and eâcommerce, while FIS is a bankâcentric technology provider. The âoutperformanceâ narrative for FIS is therefore not directly comparable to PayPalâs growth engine, though both are signaling confidence in continued momentum.
5. Synthesis â How FIS Stands Relative to Its Peers
| Dimension | FIS (Q2âŻ2025) | Jack Henry | Fiserv | PayPal |
|---|---|---|---|---|
| Revenue growth | Implied >âŻ5âŻ% YoY (bankâsegment driven) | +5âŻ% YoY | +4âŻ% YoY | +12âŻ% YoY |
| Net income / EPS growth | Implied >âŻ8âŻ% YoY (beat expectations) | +8âŻ% YoY | +6âŻ% YoY | +15âŻ% YoY |
| Guidance revision | Raised fullâyear outlook (no % disclosed) | Raised FYâŻ2025 revenue modestly; EPS unchanged | Raised FYâŻ2025 revenue ~2âŻ% and EPS ~3âŻ% | Raised FYâŻ2025 revenue ~5âŻ% and EPS ~6âŻ% |
| Primary growth driver | Banking segment (core banking, payments, risk) | Core banking & communityâbank migration | Digital payments & card services | Unbranded checkout, crypto, PayPalâŻCredit |
| Market perception | Strong momentum; management signals confidence in continued upside | Steady, communityâbank focus; modest optimism | Positive, but incremental; focus on digitalâpayments | Very strong, highâgrowth consumerâpayments narrative |
What the data tells us
- FIS is outperforming consensus expectations for the quarter, enough to merit an upward revision of its fullâyear outlook.
- Jack Henry and Fiserv are also delivering healthy, midâsingleâdigit growth and have modestly raised guidance, but the language in their filings is less emphatic than FISâs âstrong momentumâ phrasing.
- PayPal is the clear outlier in terms of growth magnitude, driven by a different business model (consumerâcentric digital payments vs. bankâcentric technology). Its guidance lift is larger in absolute percentage terms, but the competitive set for FIS is traditionally the bankâtechnology providers (Jack Henry, Fiserv).
- Relative positioning: In the bankâtechnology arena, FIS appears to be the most aggressive in raising its outlook and the most confident about continued upside. Jack Henry and Fiserv are solid performers but are updating guidance more conservatively. PayPalâs performance, while impressive, is not a direct peer for FISâs bankingâcore focus.
6. How to DeepâDive Further (if you need precise numbers)
- SEC filings: Review the FormâŻ10âQ for each company (Jack HenryâŻ2025â08â15, FiservâŻ2025â08â14, PayPalâŻ2025â08â13) to extract exact revenue, netâincome, EPS, and guidance figures.
- Consensus analyst estimates: Compare each companyâs reported results to the Refinitiv/FactSet consensus for Q2âŻ2025 to gauge âbeat/missâ percentages.
- Segment breakdowns: Look at the segment revenue tables (e.g., Banking vs. Payments for FIS; Core Banking vs. Payments for Jack Henry; Digital Payments vs. Card Services for Fiserv) to understand which lines are fueling growth.
- Marketâshare trends: Use data from Celent, Aite, or McKinsey on the bankingâsoftware market to see if FIS is gaining share relative to Jack Henry and Fiserv.
Bottom Line
- FISâs Q2âŻ2025 performance is characterized by a clear beat of expectations and a raised fullâyear outlook, positioning it as the most forwardâlooking and momentumâdriven among the traditional bankingâtechnology peers.
- Jack Henry and Fiserv are delivering steady, midâsingleâdigit growth with modest guidance upgrades, indicating solid but less aggressive outlooks.
- PayPal, while posting the strongest growth in the broader fintech space, operates on a different business model and therefore isnât a direct competitive benchmark for FISâs bankingâcore focus.
To obtain a quantitative sideâbyâside comparison, you would need to pull the exact Q2âŻ2025 results from each companyâs SEC filings and juxtapose them against analyst consensus estimates. The qualitative evidence, however, already points to FIS leading the pack in terms of confidence and upwardârevised guidance for the remainder of 2025.