What is Global Payments, Inc.'s earnings per share (EPS)?

Global Payments, Inc. (GPN) reported diluted earnings per share of $5.78 for fiscal year 2025. This represents a -6.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Global Payments, Inc. (GPN) Financials

GPN

Trailing 12 months to June 30, 2026

Revenue $10.2B +32.2% YoY

Net Income -$934.2M -165.3% YoY

EPS (Diluted) -$2.97 -152.0% YoY

Free Cash Flow $822.7M -66.6% YoY

Market Cap $21.5B as of Oct 8, 2026

Price / Sales 2.1x on $10.2B revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 0.9x on $23.1B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 5, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GPN SEC filings page.

Global Payments, Inc. (GPN) reported $10.2B in revenue over the twelve months to Jun 30, 2026, up 32.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI GPN FY2025 2026-10-04

Global Payments remains cash-generative, but FY2025 paired softer earnings with higher leverage despite stronger short-term liquidity.

FY2025 operating cash flow reached $2.7B, nearly twice net income of $1.4B, so accounting profit understates the cash produced by reported operations. After $618M of capital spending, free cash flow was $2.0B; cash conversion therefore remains a central strength, although it is not the same as earnings growth.

Operating margin narrowed from 25.5% to 22.8% in FY2025 while revenue was broadly flat, pointing to cost or mix pressure rather than a volume-led slowdown. That remains well above FY2022's 4.5%, making the latest decline a setback in the recovery rather than a return to its trough.

Current ratio rose from 1.0x in FY2024 to 1.7x in FY2025, improving short-term coverage. Debt-to-equity moved from 0.7x to 0.9x over the same period, meaning stronger liquidity coexisted with a more leveraged capital structure.

Financial Health Signals

Financial Health Score 55/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Global Payments, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Global Payments, Inc. has an operating margin of 22.8%, meaning the company retains $23 of operating profit per $100 of revenue. This strong profitability earns a score of 81/100, reflecting efficient cost management and pricing power. This is down from 25.5% the prior year.

Growth

Global Payments, Inc.'s revenue declined 0.4% year-over-year, from $7.7B to $7.7B. This contraction results in a growth score of 38/100.

Leverage

Global Payments, Inc. has elevated debt relative to equity (D/E of 0.85), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 16/100, reflecting increased financial risk.

Liquidity

Global Payments, Inc.'s current ratio of 1.69 indicates adequate short-term liquidity, earning a score of 49/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Global Payments, Inc. converts 26.5% of revenue into free cash flow ($2.0B). This strong cash generation earns a score of 93/100.

Returns

Global Payments, Inc.'s ROE of 6.1% shows moderate profitability relative to equity, earning a score of 50/100. This is down from 7.0% the prior year.

Altman Z-Score Distress

0.96

Global Payments, Inc. scores 0.96, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

4/9

Global Payments, Inc. passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.90x

For every $1 of reported earnings, Global Payments, Inc. generates $1.90 in operating cash flow ($2.7B OCF vs $1.4B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.77x

Global Payments, Inc. earns $2.77 in operating income for every $1 of interest expense ($1.8B vs $633.5M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$3.3B

YoY+68.6%

QoQ+11.8%

5Y CAGR+9.2%

10Y CAGR+14.7%

Global Payments, Inc. generated $3.3B in revenue in Q2 2026. This represents an increase of 68.6% from the same quarter a year earlier. Against the prior quarter it is up 11.8%.

EBITDA

$1.2B

YoY+77.0%

QoQ+43.8%

5Y CAGR+9.3%

10Y CAGR+23.4%

Global Payments, Inc.'s EBITDA was $1.2B in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 77.0% from the same quarter a year earlier. Against the prior quarter it is up 43.8%.

Net Income

$13.0M

YoY-94.6%

QoQ+100.7%

5Y CAGR-45.2%

10Y CAGR-14.5%

Global Payments, Inc. reported $13.0M in net income in Q2 2026. This represents a decrease of 94.6% from the same quarter a year earlier. Against the prior quarter it is up 100.7%.

EPS (Diluted)

$0.05

YoY-94.9%

QoQ+100.8%

5Y CAGR-43.8%

10Y CAGR-19.2%

Global Payments, Inc. earned $0.05 per diluted share (EPS) in Q2 2026. This represents a decrease of 94.9% from the same quarter a year earlier. Against the prior quarter it is up 100.8%.

Cash & Balance Sheet

Free Cash Flow

$427.0M

YoY-35.8%

QoQ+177.6%

5Y CAGR+2.5%

Global Payments, Inc. generated $427.0M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 35.8% from the same quarter a year earlier. Against the prior quarter it is up 177.6%.

Cash & Debt

$5.4B

YoY+107.1%

QoQ-7.7%

5Y CAGR+24.6%

10Y CAGR+18.5%

Global Payments, Inc. held $5.4B in cash against $21.5B in long-term debt as of Q2 2026.

Dividends Per Share

$0.25

YoY0.0%

QoQ0.0%

5Y CAGR+5.1%

Global Payments, Inc. paid $0.25 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

265M

YoY+9.1%

QoQ-3.3%

5Y CAGR-2.1%

10Y CAGR+5.6%

Global Payments, Inc. had 265M shares outstanding in Q2 2026. This represents an increase of 9.1% from the same quarter a year earlier. Against the prior quarter it is down 3.3%.

Margins & Returns

Gross Margin

61.0%

YoY-13.5pp

QoQ+3.9pp

5Y change+4.9pp

Global Payments, Inc.'s gross margin was 61.0% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 13.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.9 percentage points.

Operating Margin

10.2%

YoY-9.8pp

QoQ+10.7pp

5Y change-6.8pp

10Y change+2.9pp

Global Payments, Inc.'s operating margin was 10.2% in Q2 2026, reflecting core business profitability. This is down 9.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.7 percentage points.

Net Margin

0.4%

YoY-11.9pp

QoQ+61.0pp

5Y change-11.9pp

10Y change-7.0pp

Global Payments, Inc.'s net profit margin was 0.4% in Q2 2026, showing the share of revenue converted to profit. This is down 11.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 61.0 percentage points.

Return on Equity

0.1%

YoY-1.0pp

QoQ+7.6pp

5Y change-0.9pp

10Y change-2.2pp

Global Payments, Inc.'s ROE was 0.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.6 percentage points.

Capital Allocation

Share Buybacks

$550.0M

YoY+124.7%

QoQ0.0%

5Y CAGR+15.3%

Global Payments, Inc. spent $550.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 124.7% from the same quarter a year earlier. It is unchanged from the prior quarter.

Capital Expenditures

$235.7M

YoY+54.9%

QoQ-9.8%

5Y CAGR+12.1%

10Y CAGR+21.3%

Global Payments, Inc. invested $235.7M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 54.9% from the same quarter a year earlier. Against the prior quarter it is down 9.8%.

R&D Spending

Not reported for Q2 2026.

GPN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GPN quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY228-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$10.2B	$7.7B-0.4%	$7.7B+4.8%	$7.4B+8.1%	$6.8B-19.9%	$8.5B+14.8%	$7.4B+51.1%	$4.9B+45.9%	$3.4B-15.3%	$4.0B+17.9%	$3.4B	$2.9B+4.5%	$2.8B+8.6%	$2.6B+7.5%	$2.4B+7.8%	$2.2B
Cost of Revenue	$3.7B	$2.1B+3.9%	$2.0B-1.7%	$2.1B-7.0%	$2.2B-41.1%	$3.8B+3.4%	$3.7B+76.0%	$2.1B+89.4%	$1.1B-43.2%	$1.9B+20.2%	$1.6B	$1.1B	N/A	N/A	N/A	N/A
Gross Profit	$6.5B	$5.6B-1.9%	$5.7B+7.4%	$5.3B+15.3%	$4.6B-3.0%	$4.8B+25.9%	$3.8B+32.9%	$2.8B+25.0%	$2.3B+11.0%	$2.0B+15.8%	$1.8B	$1.8B	N/A	N/A	N/A	N/A
SG&A Expenses	$5.5B	$4.1B+3.0%	$4.0B+3.7%	$3.9B+18.2%	$3.3B-3.8%	$3.4B+17.8%	$2.9B+40.7%	$2.0B+33.4%	$1.5B+3.1%	$1.5B+5.5%	$1.4B	$1.3B+2.4%	$1.3B+8.2%	$1.2B+6.8%	$1.1B+9.0%	$1.0B
Operating Income	$1.3B	$1.8B-11.1%	$2.0B+50.1%	$1.3B+325.1%	$309.5M-77.2%	$1.4B+52.0%	$894.0M+13.0%	$791.4M+7.4%	$737.1M+31.9%	$558.9M+56.8%	$356.3M	$424.9M-6.9%	$456.6M+12.6%	$405.5M+13.5%	$357.2M+16.2%	$307.3M
EBITDA	N/A	$3.0B-6.5%	$3.2B+29.9%	$2.5B+82.5%	$1.3B-55.8%	$3.1B+21.6%	$2.5B+50.2%	$1.7B+32.5%	$1.3B+24.7%	$1.0B	N/A	$612.8M+3.2%	$594.1M+12.6%	$527.6M+12.5%	$469.0M+15.4%	$406.4M
Interest Expense	$837.6M	$633.5M+4.1%	$608.4M-3.1%	$627.6M+44.2%	$435.3M+32.7%	$328.0M+0.4%	$326.8M+8.5%	$301.2M+54.1%	$195.5M+12.2%	$174.3M	N/A	$67.9M+70.2%	$39.9M+6.4%	$37.5M+18.3%	$31.7M+88.2%	$16.8M
Income Tax	$150.1M	$251.6M+4.2%	$241.5M+29.5%	$186.5M+48.3%	$125.8M-25.6%	$169.0M+119.1%	$77.2M+24.1%	$62.2M-19.7%	$77.5M+176.4%	-$101.4M-379.6%	$36.3M	$70.7M-34.5%	$108.0M+0.6%	$107.4M+12.4%	$95.6M+15.3%	$82.9M
Net Income	-$934.2M	$1.4B-10.8%	$1.6B+59.2%	$986.2M+784.6%	$111.5M-88.5%	$965.5M+65.2%	$584.5M+35.7%	$430.6M-4.7%	$452.1M-3.5%	$468.4M+132.2%	$201.8M	$271.7M-2.3%	$278.0M+13.4%	$245.3M+13.5%	$216.1M+14.9%	$188.2M
EPS (Basic)	N/A	$5.79-6.3%	$6.18+63.5%	$3.78+822.0%	$0.41-87.6%	$3.30+69.2%	$1.95-10.1%	$2.17-23.9%	$2.85-5.9%	$3.03+119.6%	$1.38	$2.05-1.0%	$2.07+21.8%	$1.70+22.3%	$1.39-41.8%	$2.39
EPS (Diluted)	-$2.97	$5.78-6.2%	$6.16+63.4%	$3.77+842.5%	$0.40-87.8%	$3.29+68.7%	$1.95	$2.16	$2.84-5.6%	$3.01+119.7%	$1.37	$2.04	$2.06+21.9%	$1.69+22.5%	$1.38	$2.37
Diluted Shares (Avg)	N/A	242M-5.0%	255M-2.6%	262M-5.0%	276M-6.2%	294M-2.3%	301M	199M	159M+2.4%	156M	N/A	133M	135M-7.2%	145M-7.1%	156M	79M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$3.3B+68.6%	$3.0B+63.1%	$1.9B-1.3%	$2.0B+0.5%	$2.0B-0.1%	$1.8B-0.8%	$1.9B+1114.5%	$2.0B-19.3%
Cost of Revenue	$1.3B+157.9%	$1.3B+157.2%	$559.8M+6.5%	$556.7M+10.3%	$501.8M-0.5%	$495.2M-0.8%	$525.4M+171.3%	$504.6M-44.9%
Gross Profit	$2.0B+38.1%	$1.7B+28.0%	$1.3B-4.2%	$1.5B-2.8%	$1.5B+0.1%	$1.3B-0.7%	$1.4B+57.1%	$1.5B-4.3%
SG&A Expenses	$1.7B+62.3%	$1.7B+78.8%	$1.1B+12.3%	$1.0B-3.2%	$1.0B+5.1%	$957.2M-1.9%	$984.2M+22.9%	$1.1B+4.8%
Operating Income	$337.1M-14.3%	-$15.6M-104.2%	$211.3M-69.7%	$778.0M+75.7%	$393.3M-17.3%	$372.0M+3.4%	$696.8M+611.4%	$442.7M-20.7%
EBITDA	$1.2B+77.0%	$849.1M+27.8%	$548.3M-45.3%	$1.1B+43.6%	$689.8M-11.6%	$664.5M+1.2%	$1.0B+1235.5%	$753.2M-25.9%
Interest Expense	$261.1M+72.5%	$239.2M+65.2%	$195.6M+27.9%	$141.7M-3.5%	$151.4M+0.3%	$144.8M-8.2%	$152.9M-6.2%	$146.8M-15.3%
Income Tax	-$4.9M-112.1%	-$11.8M-127.1%	-$32.4M-129.4%	$199.3M+232.9%	$40.9M-36.8%	$43.8M+554.0%	$110.3M+933.3%	$59.9M+1.6%
Net Income	$13.0M-94.6%	-$1.8B-688.7%	$217.5M-61.6%	$635.2M+101.6%	$241.6M-35.5%	$305.7M-2.4%	$567.2M+57.0%	$315.1M-12.9%
EPS (Basic)	$0.05-94.9%	-$6.59-631.5%	$0.93-58.7%	$2.65+113.7%	$0.99-32.7%	$1.24+1.6%	$2.25+63.0%	$1.24-10.8%
EPS (Diluted)	$0.05-94.9%	-$6.59-631.5%	$0.93-58.5%	$2.64+112.9%	$0.99-32.7%	$1.24+1.6%	$2.24+62.3%	$1.24-10.8%
Diluted Shares (Avg)	270M+10.9%	273M+10.5%	N/A	240M-5.8%	244M-4.5%	247M-4.0%	N/A	255M-2.3%

Not reported in any period shown, so not listed: R&D Expenses.

GPN Balance Sheet

GPN quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY228-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$53.3B+13.8%	$46.9B-7.3%	$50.6B+12.9%	$44.8B-1.0%	$45.3B+2.4%	$44.2B-0.6%	$44.5B+236.2%	$13.2B+1.8%	$13.0B+21.9%	$10.7B	$10.5B+81.9%	$5.8B+44.4%	$4.0B+28.1%	$3.1B+16.3%	$2.7B
Current Assets	$12.6B+109.0%	$6.0B-25.2%	$8.1B+27.8%	$6.3B+34.0%	$4.7B+2.6%	$4.6B+5.2%	$4.4B+29.3%	$3.4B-21.5%	$4.3B+38.1%	$3.1B	$2.9B-13.3%	$3.3B+101.9%	$1.6B+34.2%	$1.2B-2.7%	$1.2B
Cash & Equivalents	$8.3B+253.8%	$2.4B+23.6%	$1.9B-4.5%	$2.0B+0.9%	$2.0B+1.7%	$1.9B+15.9%	$1.7B+38.6%	$1.2B-9.4%	$1.3B+14.9%	$1.2B	$988.4M+51.9%	$650.7M+11.8%	$581.9M-14.5%	$680.5M-12.9%	$781.3M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$5.2M-21.2%	$6.6M-40.0%	$11.1M+12.1%	$9.9M
Accounts Receivable	$784.2M-0.4%	$787.7M-1.2%	$797.1M-20.2%	$998.3M+5.5%	$946.2M+19.1%	$794.2M-11.3%	$895.2M+157.0%	$348.4M+15.4%	$301.9M+9.8%	$275.0M	$281.6M+39.1%	$202.4M-5.7%	$214.6M+13.3%	$189.4M+3.5%	$183.0M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$17.1B+0.3%	$17.0B-1.2%	$17.2B-26.1%	$23.3B-6.0%	$24.8B+3.9%	$23.9B+0.5%	$23.8B+274.7%	$6.3B+11.2%	$5.7B+18.6%	$4.8B	$4.8B+223.7%	$1.5B+11.6%	$1.3B+28.1%	$1.0B+44.1%	$724.7M
Total Liabilities	$29.6B+23.8%	$23.9B-10.9%	$26.8B+20.3%	$22.3B+14.7%	$19.4B+16.1%	$16.7B+1.8%	$16.4B+81.6%	$9.0B+0.1%	$9.0B+14.6%	$7.9B	$7.6B+55.3%	$4.9B+71.3%	$2.9B+56.1%	$1.8B+47.9%	$1.2B
Current Liabilities	$7.5B+19.3%	$6.3B-23.1%	$8.1B+17.8%	$6.9B+54.6%	$4.5B-1.9%	$4.5B+27.1%	$3.6B+9.5%	$3.3B-14.3%	$3.8B+33.8%	$2.9B	$2.4B-19.4%	$3.0B+149.0%	$1.2B+72.0%	$704.1M-15.9%	$837.3M
Non-Current Liabilities	$22.1B+25.4%	$17.6B-5.6%	$18.7B+21.4%	$15.4B+2.8%	$14.9B+22.9%	$12.2B-5.3%	$12.8B+122.4%	$5.8B+10.7%	$5.2B+3.7%	$5.0B	$5.2B+173.7%	$1.9B+14.6%	$1.7B+46.2%	$1.1B+179.7%	$405.5M
Long-Term Debt	$19.5B+29.6%	$15.1B-3.2%	$15.6B+26.7%	$12.3B+7.7%	$11.4B+34.8%	$8.5B-6.9%	$9.1B+81.3%	$5.0B+10.0%	$4.6B+7.0%	$4.3B	$4.4B+161.0%	$1.7B+22.2%	$1.4B+54.1%	$891.1M+276.7%	$236.6M
Total Equity	$22.9B+2.7%	$22.3B-3.1%	$23.0B+3.1%	$22.3B-13.0%	$25.6B-6.2%	$27.3B-1.9%	$27.9B+597.9%	$4.0B+5.2%	$3.8B+44.2%	$2.6B	$2.7B+262.3%	$758.0M-24.0%	$997.2M-13.0%	$1.1B-2.2%	$1.2B
Retained Earnings	$5.9B+24.3%	$4.8B+38.1%	$3.5B+26.6%	$2.7B-8.4%	$3.0B+16.0%	$2.6B+10.2%	$2.3B+12.9%	$2.1B+29.3%	$1.6B+40.5%	$1.1B	$1.0B+27.7%	$795.2M-2.5%	$816.0M-14.9%	$958.8M+13.7%	$843.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$63.6B+31.0%	$64.3B+34.9%	$53.3B+13.8%	$48.0B-4.0%	$48.5B-4.4%	$47.6B-8.0%	$46.9B-7.3%	$50.0B+2.2%
Current Assets	$11.7B+50.5%	$11.7B+73.4%	$12.6B+109.0%	$7.2B-8.8%	$7.8B-9.3%	$6.7B-30.4%	$6.0B-25.2%	$7.9B+16.5%
Cash & Equivalents	$5.4B+107.1%	$5.9B+116.0%	$8.3B+253.8%	$2.6B-11.5%	$2.6B+24.5%	$2.7B+25.2%	$2.4B+23.6%	$2.9B+51.5%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$1.6B+82.4%	$1.4B+78.0%	$784.2M-0.4%	$878.2M-23.7%	$864.4M-23.8%	$795.2M-24.6%	$787.7M-1.2%	$1.2B+6.8%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$27.0B+61.2%	$27.1B+60.3%	$17.1B+0.3%	$16.7B-38.0%	$16.7B-37.7%	$16.9B-36.8%	$17.0B-1.2%	$27.0B+1.7%
Total Liabilities	$39.6B+57.8%	$39.6B+61.0%	$29.6B+23.8%	$24.5B-7.2%	$25.1B-9.0%	$24.6B-14.6%	$23.9B-10.9%	$26.4B+2.3%
Current Liabilities	$14.2B+73.0%	$14.7B+106.5%	$7.5B+19.3%	$8.4B-1.1%	$8.2B-12.3%	$7.1B-32.1%	$6.3B-23.1%	$8.5B+37.1%
Non-Current Liabilities	$25.5B+50.5%	$24.8B+42.3%	$22.1B+25.4%	$16.0B-10.1%	$16.9B-7.4%	$17.5B-4.5%	$17.6B-5.6%	$17.8B-8.7%
Long-Term Debt	$21.5B+51.9%	$21.0B+40.9%	$19.5B+29.6%	$13.3B-12.4%	$14.2B-9.4%	$14.9B-4.3%	$15.1B-3.2%	$15.2B-8.2%
Total Equity	$23.1B+2.3%	$23.8B+6.9%	$22.9B+2.7%	$22.7B-0.6%	$22.6B+0.9%	$22.2B+0.1%	$22.3B-3.1%	$22.8B+1.6%
Retained Earnings	$4.0B-22.8%	$4.1B-18.9%	$5.9B+24.3%	$5.8B+35.3%	$5.2B+29.4%	$5.0B+35.4%	$4.8B+38.1%	$4.3B+35.1%

Not reported in any period shown, so not listed: Inventory.

GPN Cash Flow Statement

GPN quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY228-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$1.7B	$2.7B-13.1%	$3.1B+19.9%	$2.5B+0.4%	$2.5B-8.7%	$2.8B+20.2%	$2.3B+66.3%	$1.4B+25.8%	$1.1B+115.9%	$512.4M	N/A	$592.9M+37.9%	$429.9M+121.5%	$194.1M-19.3%	$240.5M+238.7%	-$173.5M
Depreciation & Amortization	N/A	$1.2B+1.0%	$1.2B+6.6%	$1.1B+10.1%	$1.0B-38.7%	$1.7B+4.8%	$1.6B+83.8%	$878.3M+68.0%	$522.8M+15.9%	$451.2M	N/A	$187.9M+36.6%	$137.5M+12.6%	$122.1M+9.2%	$111.8M+12.8%	$99.1M
Stock-Based Compensation	N/A	$153.6M-6.5%	$164.2M-21.4%	$209.0M+28.0%	$163.3M-9.7%	$180.8M+21.5%	$148.8M+66.0%	$89.6M+55.0%	$57.8M+47.9%	$39.1M	N/A	$30.8M+46.3%	$21.1M-29.3%	$29.8M+61.7%	$18.4M+12.4%	$16.4M
Capital Expenditures	$835.0M	$617.8M-8.5%	$674.9M+2.5%	$658.1M+6.9%	$615.7M+24.8%	$493.2M+13.1%	$436.2M+41.7%	$307.9M+44.3%	$213.3M+17.3%	$181.9M	N/A	$91.6M-1.0%	$92.5M+13.7%	$81.4M-17.4%	$98.6M-10.3%	$109.9M
Free Cash Flow	$822.7M	$2.0B-14.4%	$2.4B+26.0%	$1.9B-1.7%	$1.9B-15.9%	$2.3B+21.8%	$1.9B+73.3%	$1.1B+21.4%	$892.8M+170.1%	$330.5M	N/A	$501.3M+48.6%	$337.3M+199.3%	$112.7M-20.6%	$142.0M+150.1%	-$283.4M
Investing Cash Flow	$5.7B	-$230.3M-32.4%	-$173.9M+96.0%	-$4.4B-545.6%	-$675.5M+70.5%	-$2.3B-423.3%	-$438.3M+52.2%	-$917.1M+37.9%	-$1.5B-100.6%	-$736.0M	N/A	-$2.1B-382.5%	-$440.9M+12.1%	-$501.7M+5.1%	-$528.6M-251.4%	-$150.4M
Financing Cash Flow	-$5.0B	$3.7B+262.9%	-$2.3B-224.5%	$1.8B+210.0%	-$1.7B-312.7%	-$405.4M+73.8%	-$1.5B-5292.1%	-$28.7M-110.0%	$286.9M-18.6%	$352.3M	N/A	$2.0B+1337.3%	$136.2M-37.8%	$218.9M+19.3%	$183.5M+184.1%	-$218.2M
Dividends Paid	$251.7M	$238.5M-5.7%	$252.8M-2.9%	$260.4M-4.9%	$274.0M+5.5%	$259.7M+11.4%	$233.2M+903.5%	$23.2M	$0	$0	N/A	$5.4M+1.9%	$5.3M-7.2%	$5.8M-7.1%	$6.2M-1.8%	$6.3M
Share Buybacks	$1.6B	$1.2B-23.3%	$1.6B+271.0%	$418.3M-85.7%	$2.9B+15.3%	$2.5B+301.4%	$631.1M+102.7%	$311.4M+49.6%	$208.2M+498.1%	$34.8M	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$662.6M-18.9%	-$288.8M-152.0%	$515.2M-41.7%	$768.7M-8.0%	$817.5M+1.1%	$555.1M+4.8%	$883.4M-7.8%	$835.7M+95.8%
Depreciation & Amortization	$884.1M+198.2%	$864.8M+195.6%	$341.1M+11.9%	$303.2M-2.3%	$296.5M-2.8%	$292.6M-1.5%	$304.9M+263.8%	$310.4M-32.3%
Stock-Based Compensation	$42.6M+7.1%	$21.5M-45.9%	N/A	$35.3M-30.8%	$39.8M-7.9%	$39.7M-0.9%	N/A	$51.0M+39.3%
Capital Expenditures	$235.7M+54.9%	$261.3M+104.8%	$168.2M-8.6%	$169.8M+2.1%	$152.2M-15.1%	$127.6M-12.3%	$184.0M+16.9%	$166.3M-2.1%
Free Cash Flow	$427.0M-35.8%	-$550.2M-228.7%	$347.0M-50.4%	$598.9M-10.5%	$665.4M+5.7%	$427.5M+11.3%	$699.4M-12.7%	$669.5M+160.5%
Investing Cash Flow	-$263.5M+13.2%	$5.7B+3402.4%	-$309.9M-146.1%	$556.4M+472.7%	-$303.7M+44.7%	-$173.1M-17.0%	$672.7M+378.6%	-$149.3M-26.4%
Financing Cash Flow	-$833.8M-69.9%	-$8.4B-26578.0%	$5.9B+417.4%	-$1.6B-1542.1%	-$490.7M-75.0%	-$31.5M+88.6%	-$1.8B-198.5%	$111.2M+145.8%
Dividends Paid	$66.5M+10.1%	$68.2M+11.7%	$59.1M-5.3%	$58.0M-8.6%	$60.4M-4.8%	$61.1M-3.9%	$62.3M-3.8%	$63.4M-2.4%
Share Buybacks	$550.0M+124.7%	$549.9M+23.2%	-$69K-100.0%	$500.0M	$244.8M+144.8%	$446.3M-44.2%	$651.9M+65190200.0%	$0

GPN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GPN quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY228-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	72.6%-1.1pp	73.7%+1.7pp	72.0%+4.5pp	67.4%+11.7pp	55.7%+4.9pp	50.8%-7.0pp	57.8%-9.7pp	67.5%+16.0pp	51.5%-0.9pp	52.4%	60.4%	N/A	N/A	N/A	N/A
Operating Margin	22.8%-2.7pp	25.5%+7.7pp	17.8%+13.3pp	4.5%-11.4pp	15.9%+3.9pp	12.0%-4.1pp	16.1%-5.8pp	21.9%+7.8pp	14.1%+3.5pp	10.6%	14.7%-1.8pp	16.5%+0.6pp	15.9%+0.9pp	15.0%+1.1pp	14.0%
Net Margin	18.2%-2.1pp	20.3%+6.9pp	13.4%+11.7pp	1.6%-9.7pp	11.3%+3.5pp	7.9%-0.9pp	8.8%-4.7pp	13.4%+1.7pp	11.8%+5.8pp	6.0%	9.4%-0.6pp	10.0%+0.4pp	9.6%+0.5pp	9.1%+0.6pp	8.5%
Return on Equity	6.1%-0.9pp	7.0%+2.8pp	4.3%+3.8pp	0.5%-3.3pp	3.8%+1.6pp	2.1%+0.6pp	1.6%-9.8pp	11.3%-1.0pp	12.3%+4.7pp	7.7%	9.9%-26.8pp	36.7%+12.1pp	24.6%+5.7pp	18.9%+2.8pp	16.1%
Return on Assets	2.6%-0.7pp	3.4%+1.4pp	1.9%+1.7pp	0.3%-1.9pp	2.1%+0.8pp	1.3%+0.3pp	1.0%-2.5pp	3.4%-0.2pp	3.6%+1.7pp	1.9%	2.6%-2.2pp	4.8%-1.3pp	6.1%-0.8pp	6.9%-0.1pp	7.0%
Current Ratio	1.69+0.7x	0.960.0x	0.99+0.1x	0.92-0.1x	1.060.0x	1.01-0.2x	1.22+0.2x	1.03-0.1x	1.130.0x	1.09	1.17+0.1x	1.09-0.3x	1.35-0.4x	1.72+0.2x	1.49
Debt-to-Equity	0.85+0.2x	0.680.0x	0.68+0.1x	0.55+0.1x	0.45+0.1x	0.310.0x	0.33-0.9x	1.26+0.1x	1.20-0.4x	1.62	1.59-0.6x	2.21+0.8x	1.38+0.6x	0.78+0.6x	0.20
Asset Turnover	0.140.0x	0.170.0x	0.150.0x	0.150.0x	0.190.0x	0.17+0.1x	0.11-0.1x	0.25-0.1x	0.310.0x	0.32	0.28-0.2x	0.48-0.2x	0.64-0.1x	0.76-0.1x	0.82
FCF Margin	26.5%-4.3pp	30.8%+5.2pp	25.6%-2.6pp	28.2%+1.3pp	26.8%+1.5pp	25.3%+3.2pp	22.1%-4.5pp	26.5%+18.2pp	8.3%	N/A	17.3%+5.1pp	12.2%+7.8pp	4.4%-1.6pp	6.0%+18.8pp	-12.9%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	61.0%-13.5pp	57.1%-15.7pp	70.7%-2.1pp	72.3%-2.5pp	74.5%+0.1pp	72.8%0.0pp	72.8%	74.7%+11.7pp
Operating Margin	10.2%-9.8pp	-0.5%-21.0pp	11.1%-25.0pp	38.8%+16.6pp	20.0%-4.2pp	20.4%+0.8pp	36.0%-25.5pp	22.2%-0.4pp
Net Margin	0.4%-11.9pp	-60.6%-77.4pp	11.4%-17.9pp	31.6%+15.9pp	12.3%-6.7pp	16.8%-0.3pp	29.3%	15.8%+1.2pp
Return on Equity	0.1%-1.0pp	-7.6%-8.9pp	0.9%-1.6pp	2.8%+1.4pp	1.1%-0.6pp	1.4%0.0pp	2.5%+1.0pp	1.4%-0.2pp
Return on Assets	0.0%-0.5pp	-2.8%-3.4pp	0.4%-0.8pp	1.3%+0.7pp	0.5%-0.2pp	0.6%0.0pp	1.2%+0.5pp	0.6%-0.1pp
Current Ratio	0.82-0.1x	0.79-0.2x	1.69+0.7x	0.85-0.1x	0.950.0x	0.940.0x	0.960.0x	0.93-0.2x
Debt-to-Equity	0.93+0.3x	0.88+0.2x	0.85+0.2x	0.59-0.1x	0.63-0.1x	0.670.0x	0.680.0x	0.67-0.1x
Asset Turnover	0.050.0x	0.050.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x
FCF Margin	12.9%-20.9pp	-18.5%-42.0pp	18.2%-18.0pp	29.8%-3.7pp	33.8%+1.8pp	23.5%+2.5pp	36.2%	33.5%+23.1pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Global Payments, Inc. GPN	FY2025	$7.7B	$1.4B	18.2%	$21.5B	55/100
RB Global, Inc. RBA	FY2025	$4.6B	$428.4M	9.3%	$14.9B	57/100
UL Solutions Inc. ULS	FY2025	$3.1B	$325.0M	10.7%	$13.6B	68/100
Rentokil Initial plc RTO	FY2025	$6.9B	$470.0M	6.8%	$10.0B	37/100
ARAMARK ARMK	FY2025	$18.5B	$326.4M	1.8%	$14.6B	41/100
Thomson Reuters Corporation TRI	FY2025	$7.5B	$1.5B	20.1%	$43.0B	39/100

Where Global Payments, Inc. Ranks

Frequently Asked Questions

What is Global Payments, Inc.'s annual revenue?

Global Payments, Inc. (GPN) reported $7.7B in total revenue for fiscal year 2025. This represents a -0.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Global Payments, Inc.'s revenue growing?

Global Payments, Inc. (GPN) revenue declined by 0.4% year-over-year, from $7.7B to $7.7B in fiscal year 2025.

Is Global Payments, Inc. profitable?

Yes, Global Payments, Inc. (GPN) reported a net income of $1.4B in fiscal year 2025, with a net profit margin of 18.2%.

What is Global Payments, Inc.'s EBITDA?

Global Payments, Inc. (GPN) had EBITDA of $3.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Global Payments, Inc. have?

As of fiscal year 2025, Global Payments, Inc. (GPN) had $8.3B in cash and equivalents against $19.5B in long-term debt.

What is Global Payments, Inc.'s gross margin?

Global Payments, Inc. (GPN) had a gross margin of 72.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Global Payments, Inc.'s operating margin?

Global Payments, Inc. (GPN) had an operating margin of 22.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Global Payments, Inc.'s net profit margin?

Global Payments, Inc. (GPN) had a net profit margin of 18.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Global Payments, Inc. pay dividends?

Yes, Global Payments, Inc. (GPN) paid $1.00 per share in dividends during fiscal year 2025.

What is Global Payments, Inc.'s return on equity (ROE)?

Global Payments, Inc. (GPN) has a return on equity of 6.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Global Payments, Inc.'s free cash flow?

Global Payments, Inc. (GPN) generated $2.0B in free cash flow during fiscal year 2025. This represents a -14.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Global Payments, Inc.'s operating cash flow?

Global Payments, Inc. (GPN) generated $2.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Global Payments, Inc.'s total assets?

Global Payments, Inc. (GPN) had $53.3B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Global Payments, Inc.'s capital expenditures?

Global Payments, Inc. (GPN) invested $617.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Global Payments, Inc. buy back shares?

Yes, Global Payments, Inc. (GPN) spent $1.2B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Global Payments, Inc. have outstanding?

Global Payments, Inc. (GPN) had 280M shares outstanding as of fiscal year 2025.

What is Global Payments, Inc.'s current ratio?

Global Payments, Inc. (GPN) had a current ratio of 1.69 as of fiscal year 2025, which is generally considered healthy.

What is Global Payments, Inc.'s debt-to-equity ratio?

Global Payments, Inc. (GPN) had a debt-to-equity ratio of 0.85 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Global Payments, Inc.'s return on assets (ROA)?

Global Payments, Inc. (GPN) had a return on assets of 2.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Global Payments, Inc.'s P/E ratio?

Global Payments, Inc. (GPN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $21.5B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Global Payments, Inc.'s price-to-sales ratio?

Global Payments, Inc. (GPN) trades at 2.1x sales, its market capitalization divided by revenue of $10.2B revenue, trailing 12 months to June 30, 2026. The market capitalization is $21.5B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Global Payments, Inc.'s Altman Z-Score?

Global Payments, Inc. (GPN) has an Altman Z-Score of 0.96, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Global Payments, Inc.'s Piotroski F-Score?

Global Payments, Inc. (GPN) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Global Payments, Inc.'s earnings high quality?

Global Payments, Inc. (GPN) has an earnings quality ratio of 1.90x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Global Payments, Inc. cover its interest payments?

Global Payments, Inc. (GPN) has an interest coverage ratio of 2.77x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Global Payments, Inc.?

Global Payments, Inc. (GPN) scores 55 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.