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Revenue | 12 Months Ended
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Dec. 31, 2025
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. For the year ended December 31, 2025 (in millions):
|  | Banking Solutions |  | Capital Market Solutions |  | Corporate and Other |  | Total
Primary Geographical Markets: |  |  |  |  |  |  |  |
North America |  | $ | 6,283 |  |  | $ | 1,916 |  |  | $ | 107 |  |  | $ | 8,306 |
All others |  | 1,002 |  |  | 1,280 |  |  | 89 |  |  | 2,371 |
Total |  | $ | 7,285 |  |  | $ | 3,196 |  |  | $ | 196 |  |  | $ | 10,677 |
Type of Revenue: |  |  |  |  |  |  |  |
Recurring revenue: |  |  |  |  |  |  |  |
Transaction processing and services |  | $ | 5,412 |  |  | $ | 1,578 |  |  | $ | 146 |  |  | $ | 7,136 |
Software maintenance |  | 389 |  |  | 607 |  |  | 2 |  |  | 998 |
Other recurring |  | 309 |  |  | 99 |  |  | 1 |  |  | 409 |
Total recurring |  | 6,110 |  |  | 2,284 |  |  | 149 |  |  | 8,543 |
Software license |  | 176 |  |  | 499 |  |  | — |  |  | 675 |
Professional services |  | 522 |  |  | 385 |  |  | 5 |  |  | 912 |
Other non-recurring |  | 477 |  |  | 28 |  |  | 42 |  |  | 547 |
Total |  | $ | 7,285 |  |  | $ | 3,196 |  |  | $ | 196 |  |  | $ | 10,677 |
For the year ended December 31, 2024 (in millions):
|  | Banking Solutions |  | Capital Market Solutions |  | Corporate and Other |  | Total
Primary Geographical Markets: |  |  |  |  |  |  |  |
North America |  | $ | 5,893 |  |  | $ | 1,839 |  |  | $ | 117 |  |  | $ | 7,849 |
All others |  | 999 |  |  | 1,140 |  |  | 139 |  |  | 2,278 |
Total |  | $ | 6,892 |  |  | $ | 2,979 |  |  | $ | 256 |  |  | $ | 10,127 |
Type of Revenue: |  |  |  |  |  |  |  |
Recurring revenue: |  |  |  |  |  |  |  |
Transaction processing and services |  | $ | 5,146 |  |  | $ | 1,507 |  |  | $ | 207 |  |  | $ | 6,860 |
Software maintenance |  | 362 |  |  | 576 |  |  | 2 |  |  | 940 |
Other recurring |  | 244 |  |  | 62 |  |  | 3 |  |  | 309 |
Total recurring |  | 5,752 |  |  | 2,145 |  |  | 212 |  |  | 8,109 |
Software license |  | 196 |  |  | 431 |  |  | 1 |  |  | 628 |
Professional services |  | 551 |  |  | 399 |  |  | 4 |  |  | 954 |
Other non-recurring |  | 393 |  |  | 4 |  |  | 39 |  |  | 436 |
Total |  | $ | 6,892 |  |  | $ | 2,979 |  |  | $ | 256 |  |  | $ | 10,127 |
For the year ended December 31, 2023 (in millions):
|  | Banking Solutions |  | Capital Market Solutions |  | Corporate and Other |  | Total
Primary Geographical Markets: |  |  |  |  |  |  |  |
North America |  | $ | 5,812 |  |  | $ | 1,712 |  |  | $ | 167 |  |  | $ | 7,691 |
All others |  | 931 |  |  | 1,054 |  |  | 155 |  |  | 2,140 |
Total |  | $ | 6,743 |  |  | $ | 2,766 |  |  | $ | 322 |  |  | $ | 9,831 |
Type of Revenue: |  |  |  |  |  |  |  |
Recurring revenue: |  |  |  |  |  |  |  |
Transaction processing and services |  | $ | 4,981 |  |  | $ | 1,409 |  |  | $ | 276 |  |  | $ | 6,666 |
Software maintenance |  | 364 |  |  | 531 |  |  | 2 |  |  | 897 |
Other recurring |  | 227 |  |  | 53 |  |  | 4 |  |  | 284 |
Total recurring |  | 5,572 |  |  | 1,993 |  |  | 282 |  |  | 7,847 |
Software license |  | 131 |  |  | 369 |  |  | 8 |  |  | 508 |
Professional services |  | 562 |  |  | 391 |  |  | 9 |  |  | 962 |
Other non-recurring |  | 478 |  |  | 13 |  |  | 23 |  |  | 514 |
Total |  | $ | 6,743 |  |  | $ | 2,766 |  |  | $ | 322 |  |  | $ | 9,831 |
Clients in the U.K., Germany, Australia, Switzerland, France, South Africa, the Netherlands and India accounted for the majority of the revenue from clients based outside of North America for all periods presented. No individual country outside of North America accounted for more than 10% of total revenue for the years ended December 31, 2025, 2024 and 2023. Contract Balances The Company recognized revenue of approximately $761 million, $728 million and $677 million, during the years ended December 31, 2025, 2024 and 2023, 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 December 31, 2025, approximately $23.5 billion of revenue is estimated to be recognized in the future from the Company's remaining unfulfilled performance obligations, which are primarily comprised of recurring account- and volume-based processing services. This excludes the amount of anticipated recurring renewals not yet contractually obligated. The Company expects to recognize approximately 34% of our remaining performance obligations over the next 12 months, approximately another 25% over the next 13 to 24 months, and the balance thereafter.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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