v3.26.1
Revenue
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue

In the following tables, revenue is disaggregated by primary geographical market and type of revenue. The tables also include a reconciliation of the disaggregated revenue with the Company's reportable segments. Prior-period amounts have been
reclassified to conform to the new reportable segment presentation as discussed in Note 11.

For the three months ended June 30, 2026 (in millions):
Capital
BankingMarketCorporate
SolutionsSolutionsand OtherTotal
Primary Geographical Markets:
North America$2,070 $505 $63 $2,638 
All others413 305 21 739 
Total$2,483 $810 $84 $3,377 
Type of Revenue:
Recurring revenue:
Transaction processing and services$1,930 $415 $77 $2,422 
Software maintenance104 163 1 268 
Other recurring87 29 3 119 
Total recurring2,121 607 81 2,809 
Software license61 113 — 174 
Professional services155 87 3 245 
Other non-recurring146 3 — 149 
Total$2,483 $810 $84 $3,377 
For the three months ended June 30, 2025 (in millions):
Capital
BankingMarketCorporate
SolutionsSolutionsand OtherTotal
Primary Geographical Markets:
North America$1,486 $472 $81 $2,039 
All others234 311 32 577 
Total$1,720 $783 $113 $2,616 
Type of Revenue:
Recurring revenue:
Transaction processing and services$1,282 $396 $96 $1,774 
Software maintenance91 157 1 249 
Other recurring70 22 5 97 
Total recurring1,443 575 102 2,120 
Software license46 98 — 144 
Professional services122 104 4 230 
Other non-recurring109 6 7 122 
Total$1,720 $783 $113 $2,616 

For the six months ended June 30, 2026 (in millions):

Capital
BankingMarketCorporate
SolutionsSolutionsand OtherTotal
Primary Geographical Markets:
North America$4,050 $1,004 $137 $5,191 
All others807 629 44 1,480 
Total$4,857 $1,633 $181 $6,671 
Type of Revenue:
Recurring revenue:
Transaction processing and services$3,749 $831 $157 $4,737 
Software maintenance217 329 1 547 
Other recurring177 54 8 239 
Total recurring4,143 1,214 166 5,523 
Software license151 232 — 383 
Professional services289 182 4 475 
Other non-recurring274 5 11 290 
Total$4,857 $1,633 $181 $6,671 
For the six months ended June 30, 2025 (in millions):

Capital
BankingMarketCorporate
SolutionsSolutionsand OtherTotal
Primary Geographical Markets:
North America$2,898 $973 $156 $4,027 
All others454 598 69 1,121 
Total$3,352 $1,571 $225 $5,148 
Type of Revenue:
Recurring revenue:
Transaction processing and services$2,512 $798 $192 $3,502 
Software maintenance180 310 2 492 
Other recurring135 45 10 190 
Total recurring2,827 1,153 204 4,184 
Software license67 206 — 273 
Professional services239 199 9 447 
Other non-recurring219 13 12 244 
Total$3,352 $1,571 $225 $5,148 

Clients in the United Kingdom, Canada, Germany, Australia, India, and Ireland account for the majority of the revenue from clients based outside of the U.S. No individual country outside the U.S. accounted for more than 10% of total revenue for the three months and six months ended June 30, 2026 and 2025, respectively.

Contract Balances

The Company recognized revenue of $217 million and $207 million during the three months, and $585 million and $527 million during the six months ended June 30, 2026 and 2025, respectively, that was included in the corresponding deferred revenue balance at the beginning of the periods.

Transaction Price Allocated to the Remaining Performance Obligations

As of June 30, 2026, the Company estimates it will recognize approximately $25.0 billion of revenue from remaining unfulfilled performance obligations, which are primarily comprised of recurring account- and volume-based processing services. This amount excludes anticipated recurring renewals that are not yet contractually committed, as well as variable consideration related to Total Issuing™ Solutions contracts, which have remaining contractual terms similar to the Company's other processing arrangements but for which future processing volumes cannot be reasonably estimated; such amounts are allocated entirely to, and recognized in, the period in which the related processing services are performed. The Company estimates that approximately 34% of remaining performance obligations will be recognized over the next 12 months, approximately another 25% over the subsequent 13 to 24 months, and the remainder thereafter.