Form 10-Q · Quarterly report
Global Payments 10-Q, filed Aug 5, 2026
- Filed
- CIK
- 0001123360
- Accession no.
- 0001123360-26-000084
Summary
Global Payments reported second-quarter 2026 revenue of $3.32 billion, up from $1.97 billion a year earlier, mainly from its January 2026 acquisition of Worldpay, while consolidated operating income and margin fell on higher amortization of Worldpay intangibles and acquisition and integration costs. The company, now reporting in Enterprise, Platforms and SMB segments, said it expects transformation initiatives to deliver more than $650 million in annual run-rate operating income benefit by the first half of 2027 and Worldpay integration to yield $600 million in annual run-rate expense synergies by year-end 2028.
Key points
- Global Payments acquired 100% of Worldpay Holdco from Fidelity National Information Services (FIS) and GTCR affiliates on January 9, 2026, paying GTCR about $6.0 billion in cash and 42.8 million Global Payments shares, and divested its Issuer Solutions business to FIS for about $7.5 billion in cash plus FIS's ownership interest in Worldpay.
- Revenue for the three months ended June 30, 2026 was $3,320.8 million versus $1,969.3 million a year earlier, and $6,290.5 million for the six months versus $3,789.6 million.
- Enterprise and Platforms segment operating income increased year over year, while SMB segment operating income declined, primarily from higher amortization of acquired Worldpay intangible assets.
- The Issuer Solutions business is presented as a discontinued operation in all periods, and the company expects integration and transformation expenses through 2028.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2—MANAGEMENT'S DISCUSSION Executive Overview We are a leading payments technology company delivering innovative software and services to our customers globally. Our technologies, services and team member expertise allow us to provide a broad range of solutions that enable our customers to operate their businesses more efficiently across a variety of channels around the world. We have grown organically, as well as through acquisitions, and continue to invest in new technology solutions and infrastructure to support our growing business and the ongoing consolidation and enhancement of our operating platforms. …
An excerpt of the text as filed with the SEC, cut for length.
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