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Side-by-side financial comparison of Avantor, Inc. (AVTR) and Fidelity National Information Services (FIS). Click either name above to swap in a different company.

Fidelity National Information Services is the larger business by last-quarter revenue ($2.8B vs $1.7B, roughly 1.7× Avantor, Inc.). Fidelity National Information Services runs the higher net margin — 18.2% vs 3.1%, a 15.0% gap on every dollar of revenue. On growth, Fidelity National Information Services posted the faster year-over-year revenue change (8.1% vs -1.4%). Fidelity National Information Services produced more free cash flow last quarter ($739.0M vs $117.2M). Over the past eight quarters, Fidelity National Information Services's revenue compounded faster (6.8% CAGR vs -0.5%).

Avantor, Inc. is an American biotechnology, chemicals, and pharmaceutical company headquartered in Radnor, Pennsylvania. Established in 1904 as J.T. Baker, the company changed its name to Avantor in 2010. Avantor went public in 2019 and is now listed on the New York Stock Exchange under the symbol “AVTR”.

Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services. FIS is most known for its development of Financial Technology, or FinTech. Annually, FIS facilitates the movement of roughly US$9 trillion through the processing of approximately 75 billion transactions in service to more than 20,000 clients around the globe.

AVTR vs FIS — Head-to-Head

Bigger by revenue
FIS
FIS
1.7× larger
FIS
$2.8B
$1.7B
AVTR
Growing faster (revenue YoY)
FIS
FIS
+9.5% gap
FIS
8.1%
-1.4%
AVTR
Higher net margin
FIS
FIS
15.0% more per $
FIS
18.2%
3.1%
AVTR
More free cash flow
FIS
FIS
$621.8M more FCF
FIS
$739.0M
$117.2M
AVTR
Faster 2-yr revenue CAGR
FIS
FIS
Annualised
FIS
6.8%
-0.5%
AVTR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVTR
AVTR
FIS
FIS
Revenue
$1.7B
$2.8B
Net Profit
$52.4M
$511.0M
Gross Margin
31.5%
38.3%
Operating Margin
7.6%
18.8%
Net Margin
3.1%
18.2%
Revenue YoY
-1.4%
8.1%
Net Profit YoY
-89.5%
97.3%
EPS (diluted)
$0.08
$0.98

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVTR
AVTR
FIS
FIS
Q4 25
$1.7B
$2.8B
Q3 25
$1.6B
$2.7B
Q2 25
$1.7B
$2.6B
Q1 25
$1.6B
$2.5B
Q4 24
$1.7B
$2.6B
Q3 24
$1.7B
$2.6B
Q2 24
$1.7B
$2.5B
Q1 24
$1.7B
$2.5B
Net Profit
AVTR
AVTR
FIS
FIS
Q4 25
$52.4M
$511.0M
Q3 25
$-711.8M
$264.0M
Q2 25
$64.7M
$-470.0M
Q1 25
$64.5M
$77.0M
Q4 24
$500.4M
$259.0M
Q3 24
$57.8M
$224.0M
Q2 24
$92.9M
$243.0M
Q1 24
$60.4M
$724.0M
Gross Margin
AVTR
AVTR
FIS
FIS
Q4 25
31.5%
38.3%
Q3 25
32.4%
37.8%
Q2 25
32.9%
36.4%
Q1 25
33.8%
34.7%
Q4 24
33.4%
36.9%
Q3 24
32.9%
38.0%
Q2 24
34.1%
38.2%
Q1 24
34.0%
37.1%
Operating Margin
AVTR
AVTR
FIS
FIS
Q4 25
7.6%
18.8%
Q3 25
-40.0%
16.8%
Q2 25
7.7%
15.6%
Q1 25
9.3%
13.7%
Q4 24
37.8%
18.5%
Q3 24
7.3%
19.1%
Q2 24
10.3%
15.2%
Q1 24
8.7%
14.6%
Net Margin
AVTR
AVTR
FIS
FIS
Q4 25
3.1%
18.2%
Q3 25
-43.8%
9.7%
Q2 25
3.8%
-18.0%
Q1 25
4.1%
3.0%
Q4 24
29.7%
10.0%
Q3 24
3.4%
8.7%
Q2 24
5.5%
9.8%
Q1 24
3.6%
29.3%
EPS (diluted)
AVTR
AVTR
FIS
FIS
Q4 25
$0.08
$0.98
Q3 25
$-1.04
$0.50
Q2 25
$0.09
$-0.90
Q1 25
$0.09
$0.15
Q4 24
$0.73
$0.51
Q3 24
$0.08
$0.41
Q2 24
$0.14
$0.44
Q1 24
$0.09
$1.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVTR
AVTR
FIS
FIS
Cash + ST InvestmentsLiquidity on hand
$365.4M
$599.0M
Total DebtLower is stronger
$3.9B
$9.1B
Stockholders' EquityBook value
$5.6B
$13.9B
Total Assets
$11.8B
$33.5B
Debt / EquityLower = less leverage
0.71×
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVTR
AVTR
FIS
FIS
Q4 25
$365.4M
$599.0M
Q3 25
$251.9M
$571.0M
Q2 25
$449.4M
$581.0M
Q1 25
$315.7M
$805.0M
Q4 24
$261.9M
$834.0M
Q3 24
$285.3M
$1.3B
Q2 24
$272.6M
$2.1B
Q1 24
$234.9M
$3.3B
Total Debt
AVTR
AVTR
FIS
FIS
Q4 25
$3.9B
$9.1B
Q3 25
$3.9B
$8.9B
Q2 25
$4.2B
$8.9B
Q1 25
$4.1B
$8.7B
Q4 24
$4.1B
$9.7B
Q3 24
$4.9B
$10.5B
Q2 24
$5.1B
$10.6B
Q1 24
$5.3B
$10.6B
Stockholders' Equity
AVTR
AVTR
FIS
FIS
Q4 25
$5.6B
$13.9B
Q3 25
$5.6B
$13.9B
Q2 25
$6.3B
$14.2B
Q1 25
$6.1B
$15.1B
Q4 24
$6.0B
$15.7B
Q3 24
$5.6B
$16.6B
Q2 24
$5.4B
$17.0B
Q1 24
$5.3B
$18.0B
Total Assets
AVTR
AVTR
FIS
FIS
Q4 25
$11.8B
$33.5B
Q3 25
$11.7B
$33.0B
Q2 25
$12.8B
$33.4B
Q1 25
$12.3B
$32.8B
Q4 24
$12.1B
$33.8B
Q3 24
$12.8B
$34.3B
Q2 24
$12.7B
$34.6B
Q1 24
$12.8B
$35.9B
Debt / Equity
AVTR
AVTR
FIS
FIS
Q4 25
0.71×
0.65×
Q3 25
0.69×
0.64×
Q2 25
0.67×
0.63×
Q1 25
0.67×
0.57×
Q4 24
0.68×
0.62×
Q3 24
0.89×
0.63×
Q2 24
0.94×
0.62×
Q1 24
1.00×
0.59×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVTR
AVTR
FIS
FIS
Operating Cash FlowLast quarter
$152.7M
$758.0M
Free Cash FlowOCF − Capex
$117.2M
$739.0M
FCF MarginFCF / Revenue
7.0%
26.3%
Capex IntensityCapex / Revenue
2.1%
0.7%
Cash ConversionOCF / Net Profit
2.91×
1.48×
TTM Free Cash FlowTrailing 4 quarters
$495.0M
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVTR
AVTR
FIS
FIS
Q4 25
$152.7M
$758.0M
Q3 25
$207.4M
$1.0B
Q2 25
$154.4M
$382.0M
Q1 25
$109.3M
$457.0M
Q4 24
$173.3M
$782.0M
Q3 24
$244.8M
$641.0M
Q2 24
$281.1M
$546.0M
Q1 24
$141.6M
$206.0M
Free Cash Flow
AVTR
AVTR
FIS
FIS
Q4 25
$117.2M
$739.0M
Q3 25
$171.7M
$952.0M
Q2 25
$124.8M
$343.0M
Q1 25
$81.3M
$420.0M
Q4 24
$145.8M
$764.0M
Q3 24
$204.0M
$605.0M
Q2 24
$235.3M
$530.0M
Q1 24
$106.9M
$179.0M
FCF Margin
AVTR
AVTR
FIS
FIS
Q4 25
7.0%
26.3%
Q3 25
10.6%
35.0%
Q2 25
7.4%
13.1%
Q1 25
5.1%
16.6%
Q4 24
8.6%
29.4%
Q3 24
11.9%
23.5%
Q2 24
13.8%
21.3%
Q1 24
6.4%
7.3%
Capex Intensity
AVTR
AVTR
FIS
FIS
Q4 25
2.1%
0.7%
Q3 25
2.2%
2.2%
Q2 25
1.8%
1.5%
Q1 25
1.8%
1.5%
Q4 24
1.6%
0.7%
Q3 24
2.4%
1.4%
Q2 24
2.7%
0.6%
Q1 24
2.1%
1.1%
Cash Conversion
AVTR
AVTR
FIS
FIS
Q4 25
2.91×
1.48×
Q3 25
3.83×
Q2 25
2.39×
Q1 25
1.69×
5.94×
Q4 24
0.35×
3.02×
Q3 24
4.24×
2.86×
Q2 24
3.03×
2.25×
Q1 24
2.34×
0.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVTR
AVTR

Laboratory Solutions Segment$1.1B67%
Bioscience Production Segment$547.5M33%

FIS
FIS

Banking Solutions$1.6B57%
Other$701.0M25%
Capital Market Solutions$508.0M18%

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