★ WIDE MOAT STOCKS COMPARISON ★

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Stock Comparison

Fidelity National Information Services, Inc. vs Nasdaq, Inc.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Fidelity National Information Services, Inc.

FIS · New York Stock Exchange

Market cap (USD)$21.2B
Gross margin (TTM)37.6%
Operating margin (TTM)17.9%
Net margin (TTM)22.9%
SectorTechnology
IndustryInformation Technology Services
CountryUS
Data as of2026-07-12
Moat score
80/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Fidelity National Information Services, Inc.'s moat claims, evidence, and risks.

View FIS analysis

Nasdaq, Inc.

NDAQ · NASDAQ

Market cap (USD)$49.7B
Gross margin (TTM)54.8%
Operating margin (TTM)29.5%
Net margin (TTM)23.2%
SectorFinancials
IndustryFinancial - Data & Stock Exchanges
CountryUS
Data as of2026-07-12
Moat score
80/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Nasdaq, Inc.'s moat claims, evidence, and risks.

View NDAQ analysis

Comparison highlights

  • Moat score: both at 80 / 100.
  • Segment focus: Fidelity National Information Services, Inc. has 2 segments (72% in Banking Solutions); Nasdaq, Inc. has 3 segments (41.2% in Capital Access Platforms).
  • Moat breadth: Fidelity National Information Services, Inc. has 3 moat types across 1 domains; Nasdaq, Inc. has 5 across 3.

Primary market context

Fidelity National Information Services, Inc.

Banking Solutions

Market

Core banking, issuer processing, and bank transaction processing software/services

Geography

Global

Customer

Banks, credit unions, commercial lenders, card issuers, and other institutions

Role

Software/platform provider and outsourced processor

Revenue share

72%

Nasdaq, Inc.

Capital Access Platforms

Market

Issuer and investor solutions: listings, index licensing, market data, and investment analytics/workflow platforms

Geography

Global (with major exposure to U.S. and Nordic/Baltic markets)

Customer

Public/private companies (issuers), asset managers, institutional investors, data subscribers

Role

Listing venue + index administrator/licensor + data/analytics provider

Revenue share

41.2%

Side-by-side metrics

Fidelity National Information Services, Inc.
Nasdaq, Inc.
Ticker / Exchange
FIS - New York Stock Exchange
NDAQ - NASDAQ
Market cap (USD)
$21.2B
$49.7B
Gross margin (TTM)
37.6%
54.8%
Operating margin (TTM)
17.9%
29.5%
Net margin (TTM)
22.9%
23.2%
Sector
Technology
Financials
Industry
Information Technology Services
Financial - Data & Stock Exchanges
HQ country
US
US
Primary segment
Banking Solutions
Capital Access Platforms
Market structure
Oligopoly
Oligopoly
Market share
n/a
80%-84% (reported)
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
80 / 100
80 / 100
Moat domains
Demand
Legal, Network, Demand
Last update
2026-07-12
2026-07-12

Moat coverage

Shared moat types

Data Workflow Lockin

Fidelity National Information Services, Inc. strengths

Long Term ContractsSwitching Costs General

Nasdaq, Inc. strengths

Concession LicenseTwo Sided NetworkBrand TrustDe Facto Standard

Segment mix

Fidelity National Information Services, Inc. segments

Full profile >

Banking Solutions

Oligopoly

72%

Capital Market Solutions

Competitive

25%

Nasdaq, Inc. segments

Full profile >

Market Services

Competitive

23.1%

Capital Access Platforms

Oligopoly

41.2%

Financial Technology

Competitive

35.7%

Act on this comparison

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.