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GPN

Global Payments Inc.

GPN

Global Payments Inc. • NYSE
$75.76 ▲ 1.05% (+0.79)
Market Cap $18.58 B
52w High $119.36
52w Low $65.93
Dividend Yield 1.00%
P/E 11.5
Volume 1.14M
Outstanding Shares 245.25M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $2.008B ▲ $811.732M ▼ $635.209M ▲ 31.64% ▲ $1.87 ▲ $1.126B ▲
Q2-2025 $1.957B ▼ $897.32M ▼ $241.64M ▼ 12.349% ▼ $0.99 ▼ $818.495M ▼
Q1-2025 $2.412B ▼ $995.611M ▲ $305.734M ▼ 12.675% ▼ $1.24 ▼ $995.954M ▼
Q4-2024 $2.515B ▲ $958.475M ▲ $567.173M ▲ 22.548% ▲ $2.26 ▲ $1.376B ▲
Q3-2024 $1.998B $945.451M $315.125M 15.775% $1.24 $844.939M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $2.603B ▼ $47.962B ▼ $24.465B ▼ $22.668B ▲
Q2-2025 $2.612B ▼ $48.519B ▲ $25.097B ▲ $22.593B ▲
Q1-2025 $2.896B ▲ $47.616B ▲ $24.592B ▲ $22.248B ▼
Q4-2024 $2.538B ▼ $46.89B ▼ $23.874B ▼ $22.281B ▼
Q3-2024 $2.942B $49.986B $26.366B $22.811B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $660.595M ▲ $768.731M ▼ $556.449M ▲ $-1.604B ▼ $-303.257M ▼ $598.922M ▼
Q2-2025 $246.098M ▼ $817.525M ▲ $-303.734M ▼ $-490.741M ▼ $191.613M ▼ $665.355M ▲
Q1-2025 $312.772M ▼ $555.124M ▼ $-173.088M ▼ $-31.526M ▲ $412.3M ▲ $427.547M ▼
Q4-2024 $598.283M ▲ $653.427M ▼ $672.73M ▲ $-1.616B ▼ $-403.54M ▼ $469.423M ▼
Q3-2024 $333.533M $1.541B $-149.308M $-593.898M $852.366M $1.375B

Revenue by Products

Product Q2-2024Q3-2024Q4-2024Q1-2025
Issuer Solutions Segment
Issuer Solutions Segment
 $610.00M ▲$620.00M ▲$1.26Bn ▲$620.00M ▼
Merchant Solutions Segment
Merchant Solutions Segment
 $1.97Bn ▲$2.00Bn ▲$3.86Bn ▲$1.81Bn ▼
Business and Consumer Solutions Segment
Business and Consumer Solutions Segment
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown steadily over the past several years, showing that the core business is expanding at a healthy pace. Profitability has improved as well, with gross profit rising faster than sales, which suggests better pricing power, a richer software mix, or improved efficiency. Operating profit and earnings took a noticeable hit a couple of years ago but have since recovered strongly, now sitting comfortably above earlier levels. This pattern hints at past one‑time charges, integration costs, or other non‑recurring issues that weighed on results, followed by a cleaner, more profitable base. Overall, the income statement shows a scalable business with improving margins, but also a history of some volatility tied to strategic moves or external shocks.

Balance Sheet

Balance Sheet The balance sheet shows a company that has grown through investment and likely acquisitions, financed partly with debt. Total assets have stayed broadly stable at a high level, while debt has climbed meaningfully over the five‑year period and only recently started to edge down. Equity remains solid but has drifted lower, which points to rising financial leverage. This structure can amplify returns when things go well but leaves less room for error if growth slows or integration challenges arise. Cash on hand has been fairly stable to slightly higher, giving some cushion, but the overall picture is of a business that is more indebted than it used to be and needs to keep delivering consistent cash flows to comfortably service that debt load.

Cash Flow

Cash Flow Cash generation is a clear strength. Operating cash flow has been positive and generally rising, with a strong step‑up in the most recent year. After capital spending, the company has consistently produced healthy free cash flow, and capital expenditures themselves are relatively modest compared with the cash coming in. This suggests the business is not overly capital‑intensive and can fund both growth investments and debt service from internal cash. The improvement in free cash flow in the latest year also backs up the story from the income statement: profitability is not just on paper, it is converting into real cash, which is critical for flexibility in a more leveraged balance sheet.

Competitive Edge

Competitive Edge Global Payments sits in a favorable niche at the intersection of payments, software, and financial technology. It benefits from significant scale, a broad international footprint, and deep relationships with merchants and financial institutions. Its key edge is the integration of payment processing directly into business software and industry‑specific platforms, which makes its solutions harder to switch away from and often more valuable than basic payment services. Strategic deals like the TSYS merger, and the push to acquire additional assets like Worldpay, have expanded its reach across both merchant acquiring and issuer processing. That said, it competes in a very crowded and fast‑moving space alongside global card networks, newer fintechs, and large technology firms, so maintaining this edge requires constant innovation and careful execution on integrations.

Innovation and R&D

Innovation and R&D The company positions itself as a technology‑led payments platform rather than a simple processor. Its unified commerce ecosystem and the Genius point‑of‑sale platform aim to give merchants a full operating system for their business, from payments to marketing to analytics. It is investing heavily in cloud migration, partnering with major cloud providers to modernize infrastructure and speed up product development. Vertical‑specific solutions in areas like education, restaurants, and retail give it deeper functionality and more loyal customers. On the frontier, Global Payments is actively exploring and deploying artificial intelligence for fraud detection, customer service, and payment optimization, and is preparing for real‑time payments, open banking, and potentially stablecoin‑based cross‑border payments. This innovation agenda supports its moat, but it also comes with execution risk, as the company must pick the right technologies and bring them to market quickly enough to stay ahead.

Summary

Overall, Global Payments shows the profile of a mature but still growing fintech and payments platform: steady revenue growth, improving margins, and strong cash conversion, supported by an expanding suite of integrated software and payment solutions. The main financial trade‑off is between stronger profitability and higher leverage; the company is clearly using its balance sheet to fund acquisitions and scale, which can pay off but increases sensitivity to any slowdown or misstep. Competitively, its scale, vertical focus, and embedded payments strategy give it a defensible position, though the industry remains intensely competitive and technologically dynamic. Future performance will hinge on its ability to keep integrating acquisitions smoothly, manage debt prudently, and execute on innovation in AI, real‑time payments, and digital assets without overreaching. The current trajectory suggests solid strategic progress, but the environment demands consistent, high‑quality execution to sustain it.

NEWS

November 28, 2025 · 8:30 AM UTC

Global Payments to Present at UBS Global Technology and AI Conference

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November 18, 2025 · 8:30 AM UTC

Global Payments Announces Uber Eats Partnership at Inaugural Genius User Conference

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November 11, 2025 · 8:30 AM UTC

Global Payments Launches Modular Countertop Designed for Genius

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November 4, 2025 · 6:55 AM UTC

Global Payments Reports Third Quarter 2025 Results

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October 21, 2025 · 8:30 AM UTC

Global Payments to Report Third Quarter Results on November 4, 2025

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