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NYSE · Industrials

Global Payments Inc. (GPN)

As-reported financials and SEC filings for Global Payments Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Global Payments Inc.

Global Payments Inc. is a payments technology company that provides payment processing services, merchant acceptance solutions, and business management software globally. Its main offerings include authorization, settlement, funding services, point-of-sale software, and commerce enablement solutions for financial institutions, businesses, and consumers. The company serves customers across various industries through direct sales, financial institution partnerships, and other distribution channels.

Snapshot

Revenue
$7.71B
Revenue growth (YoY)
-0.4%
Net income
$1.40B
Diluted EPS
$5.78
Gross margin
72.6%
Operating margin
22.8%
Net margin
18.2%
FCF margin
26.5%
ROE
5.9%
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$22.14B
Long-term debt / equity
0.83×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Global Payments

  • Revenue fell 0.4% to $7.7B in FY2025, slower than the 4.8% the year before.
  • Operating margin is 22.8% in FY2025, +6.8 pp against 15.9% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $3.3B, up 68.6% from Q2 FY2025.
  • Free cash flow was $2.0B in FY2025, 26.5% of revenue.
  • Net income fell 10.8% to $1.4B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Global Payments’s fundamentals sit among the 668 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin72.6%
96th percentile of 455
Operating margin22.8%
91st percentile of 598
Net margin18.2%
91st percentile of 630
FCF margin26.5%
96th percentile of 546
Revenue growth (YoY)-0.4%
33rd percentile of 652
ROE5.9%
46th percentile of 590
Long-term debt / equity0.83×
70th percentile of 403
Short interest5.93d
82nd percentile of 661

Global Payments’s gross margin of 72.6% ranks in the 96th percentile of the 455 Industrials companies reporting it. Global Payments’s FCF margin of 26.5% ranks in the 96th percentile of the 546 Industrials companies reporting it. Global Payments’s operating margin of 22.8% ranks in the 91st percentile of the 598 Industrials companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+5 quant / multi-strat
Initiated / added
4
2 new, 2 added
Reduced / exited
5
4 trimmed, 1 exited
Combined position
$1.33B
reported long value
InvestorAs ofPosition valueSharesChange
Harris Associates (Oakmark)Q2 2026$937.0M12.9MAdded
Citadel AdvisorsquantQ2 2026$159.6M2.2MReduced
Point72 Asset ManagementquantQ2 2026$122.7M1.7MReduced
Millennium ManagementquantQ2 2026$48.5M668.6KAdded
AQR Capital ManagementquantQ2 2026$32.9M465.2KReduced
Gotham Asset ManagementQ2 2026$13.6M187.3KReduced
Bridgewater AssociatesQ2 2026$12.3M170.1KNew
Two Sigma InvestmentsquantQ2 2026$1.2M17.0KNew

No longer held by: D. E. Shaw (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
15.0M
settled 2026-09-30
Change vs prior
-8.0%
vs previous settlement
Days to cover
5.93
at avg daily volume
Avg daily volume
2.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3015.0M-8.0%5.93
2026-09-1516.3M+1.1%7.26
2026-08-3116.1M+9.5%6.01
2026-08-1414.7M-16.3%4.13
2026-07-3117.6M-12.5%5.38
2026-07-1520.1M+2.1%6.38
2026-06-3019.7M+5.1%4.68
2026-06-1518.7M+29.1%3.80

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$7.71B$7.74B$7.38B$6.83B$8.52B
Gross profit
Operating income$1.75B$1.97B$1.32B$309.5M$1.36B
Net income$1.40B$1.57B$986.2M$111.5M$965.5M
Diluted EPS$5.78$6.16$3.77$0.40$3.29

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$2.66B$3.06B$2.55B$2.54B$2.78B
Capital expenditure$617.8M$674.9M$658.1M$615.7M$493.2M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$3.32B68.6%$13.0M$0.05
Q1 FY2026$2.97B63.1%$-1.80B$-6.59
Q4 FY2025-0.0%
Q3 FY2025$2.01B0.5%$635.2M$2.64
Q2 FY2025$1.97B-0.1%$241.6M$0.99
Q1 FY2025$1.82B-0.8%$305.7M$1.24
Q4 FY20241114.5%
Q3 FY2024$2.00B-19.3%$315.1M$1.24

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryServices-Business Services, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2016
SEC CIK1123360

Selected SEC filings

10-K2026-02-20
View on EDGAR →
10-K2025-02-14
View on EDGAR →
10-Q2026-08-05
View on EDGAR →
10-Q2026-05-08
View on EDGAR →
10-Q2025-11-04
View on EDGAR →
10-Q2025-08-06
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-05-07
View on EDGAR →

Largest Industrials peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.