Highlights

  • Second quarter 2026 revenues were $3,320,791 thousand, compared with $1,969,287 thousand, with operating income of $337,121 thousand.
  • Net income attributable to Global Payments was $12,971 thousand, or $0.05 per diluted share, for the second quarter of 2026.
  • The six-month net loss attributable to Global Payments was $1,786,907 thousand, including a loss from discontinued operations of $1,688,190 thousand.
  • Management said it expects 2026 EPS of $13.60 to $13.80 and normalized adjusted net revenue growth of approximately 4% to 5%.

Global Payments (NYSE: GPN) shares were trading at USD 82.16 on October 27, 2026, up 0.37%, with a relative volume at time of 2.06. The payments technology company acquired Worldpay and sold its Issuer Solutions business on January 9, 2026, realigned into three reportable segments in the second quarter of 2026, and filed its quarterly report on Form 10-Q for the quarter ended June 30, 2026 on August 5, 2026.

Global Payments Inc. is a Georgia corporation with principal executive offices at 3550 Lenox Road, Atlanta, Georgia. It is a payments technology company delivering software and services to customers globally. It reports three segments: Enterprise, which serves large enterprises and multinational clients; Platforms, which serves software partners, payment facilitators and marketplaces; and Small and Medium-Sized Businesses (SMB), which provides payment, software and commerce solutions. Its former Issuer Solutions business is presented as a discontinued operation. The fiscal year ends December 31.

Second Quarter 2026 Results

Consolidated revenues were $3,320,791 thousand for the three months ended June 30, 2026, up 68.6% from $1,969,287 thousand. The company attributed the increase primarily to the Worldpay acquisition, which contributed approximately $1.4 billion.

Operating income was $337,121 thousand, compared with $393,308 thousand, and the company attributed the decrease primarily to higher amortization expense on acquired Worldpay intangible assets and higher acquisition and integration expenses. Income from continuing operations was $130,887 thousand, and the loss from discontinued operations, net of tax, was $101,963 thousand. Net income attributable to Global Payments was $12,971 thousand, or $0.05 per diluted share, compared with $241,640 thousand, or $0.99.

Six-Month Results

For the six months ended June 30, 2026, revenues were $6,290,473 thousand, and operating income was $321,475 thousand, compared with $765,267 thousand. The loss from continuing operations was $61,938 thousand. The loss from discontinued operations, net of tax, was $1,688,190 thousand, which included tax expense of $1.7 billion that the company said primarily related to the derecognition of goodwill in the sale of Issuer Solutions, which was not deductible for U.S. federal income tax purposes. The net loss attributable to Global Payments was $1,786,907 thousand, or $6.58 per diluted share, compared with net income of $547,374 thousand, or $2.23.

Cash, Debt and Capital Return

Cash and cash equivalents totaled $5,409.0 million at June 30, 2026, of which $1,697.9 million was considered available for general purposes. Operating activities provided net cash of $373.8 million for the six months, and investing activities provided net cash of $5,452.6 million, including net proceeds of $7,362.3 million from the Issuer Solutions sale. Net cash used in financing activities was $9,244.4 million.

The company had $15.6 billion of senior unsecured notes outstanding, $2.0 billion of 1.500% convertible notes due 2031, $1.5 billion of 1.000% convertible notes due 2029, $1.0 billion outstanding under a term loan facility due April 21, 2028, and $1.6 billion outstanding under its revolving credit facility. It repurchased and retired 15,220,854 shares for $1,099.9 million in the six months, and $1,400.0 million remained available under the repurchase program. It paid dividends of $134.7 million, and on July 28, 2026 the board declared a dividend of $0.25 per share payable on September 25, 2026.

Outlook

The company stated that it expects transformation initiatives to generate more than $650 million of annual run-rate operating income benefit by the first half of 2027 and Worldpay integration activities to generate $600 million of annual run-rate expense synergies by year-end 2028. It expects to incur integration and transformation expenses through 2028. On the earnings call, management said it expects full-year 2026 EPS of $13.60 to $13.80, normalized constant currency adjusted net revenue growth of approximately 4% to 5%, and more than $2 billion returned to shareholders in 2026.