GLOBAL PAYMENTS INC (GPN) Earnings History

GLOBAL PAYMENTS INC - Q4 FY2025 EarningsMissed

Filed at: Feb 18, 2026, 6:59 AM EST|Read from source

EXECUTIVE SUMMARY

Global Payments reported a transformative year in 2025, marked by the significant acquisition of Worldpay and the divestiture of Issuer Solutions, repositioning the company as a leading pure-play merchant solutions provider. The company demonstrated strong financial results, consistent with its commitments, and enhanced its cash flow generation profile, setting a foundation for sustained long-term value creation.

POSITIVE HIGHLIGHTS

  • •

    Adjusted EPS increased 11% (11% constant currency) to $3.18 for Q4 2025, and 10.8% to $12.22 for FY2025.

    positive
  • •

    Adjusted operating margin expanded 80 basis points to 44.7% in Q4 2025 and 97 basis points to 44.2% for FY2025.

    positive
  • •

    Announced a new share repurchase authorization of $2.5 billion and entered into a $550 million accelerated share repurchase plan.

    positive
  • •

    Completed the acquisition of Worldpay and divestiture of Issuer Solutions ahead of schedule, repositioning the company as a leading pure-play merchant solutions provider.

    positive

CONCERNS & RISKS

  • •

    GAAP revenues decreased 0.1% to $1.90 billion in Q4 2025 and 0.4% to $7.71 billion for FY2025.

    negative
  • •

    GAAP operating income decreased 70.1% to $215.33 million in Q4 2025 and 11.1% to $1.75 billion for FY2025.

    negative
  • •

    GAAP net income attributable to Global Payments decreased 61.6% to $217.52 million in Q4 2025 and 10.8% to $1.40 billion for FY2025.

    negative
  • •

    GAAP diluted EPS attributable to Global Payments decreased 59.1% to $0.92 in Q4 2025 and 6.2% to $5.78 for FY2025.

    negative
  • •

    The company is providing a 2026 outlook with GAAP diluted EPS expected to decrease 30% to 32%.

    negative

FINANCIAL METRICS

Revenue
Quarterly
$1.90B
-0.1%
Prior year: $1.90B
Annual (YTD)
$7.71B
N/A
Prior year: $7.74B
Net Income
Quarterly
$236.58M
0.0%
Prior year: $236.58M
EPS (Diluted)
Quarterly
$0.92
-59.1%
Prior year: $2.25
Operating Income
Quarterly
$215.33M
0.0%
Prior year: $215.33M
EPS (Basic)
Quarterly
$0.92
-59.3%
Prior year: $2.26

MARGIN ANALYSIS

Operating Margin
Current Quarter
11.3%
Prior Year
37.9%
YoY Change
-2659 bps
Net Margin
Current Quarter
11.5%
Prior Year
30.0%
YoY Change
-1856 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

REVENUE BY SEGMENT — Q4 FY2025 2025

VISUAL OVERVIEW

|
Merchant Solutions
0.0%
N/A
CC: +1.1%
Issuer Solutions
0.0%
N/A
CC: +4.5%

DETAILED BREAKDOWN

|
SegmentCurrentPrior YrYoY% TotalCC
Merchant Solutions
N/A———+1.1%
Issuer Solutions
N/A———+4.5%
Total Revenue$0.00M——100.0%—

Segment performance shows business unit health and growth drivers. Constant currency (CC) removes FX impact for like-for-like comparison.

MANAGEMENT GUIDANCE

FY2026

Adjusted net revenue
"Constant currency adjusted net revenue growth of approximately 5% excluding dispositions."
Adjusted operating margin
"Expansion of approximately 150 basis points."
Adjusted diluted EPS
$13.80—$14.00
Mid-point: $13.90
"Growth of 13% to 15%."
GAAP diluted EPS
"Expected decrease of 30% to 32%."

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

MANAGEMENT COMMENTARY

2025 was a transformative year for Global Payments, marked by significant advancements in repositioning the business and delivering strong financial results.

— GLOBAL PAYMENTS INC, Q4 FY2025 2025 Earnings Call

The Worldpay acquisition is a pivotal moment, sharpening strategic focus as the world's leading commerce solutions provider.

— GLOBAL PAYMENTS INC, Q4 FY2025 2025 Earnings Call

Strategic actions in 2025 strengthened the foundation for sustainable growth and meaningfully enhanced cash-flow generation.

— GLOBAL PAYMENTS INC, Q4 FY2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.