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    Global Payments Inc (GPN)

    Financials

    Updated May 6, 2025, 9:48 PM UTC
    Income Statement - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Revenues (USD, thousands)2,433,812.009,654,4192,420,1872,568,768.002,601,553.002,515,386.0010,105,8942,412,098
    Cost of Service (USD, thousands)922,284.003,727,521922,390938,484.00946,945.00952,297.003,760,116921,195
    Selling, General and Administrative Expenses (USD, thousands)1,015,163.004,073,7681,045,5451,057,661.001,179,026.001,003,075.004,285,3071,024,011
    Net (Gain) Loss on Business Dispositions (USD, thousands)------(273,134)(3,993)
    Operating Expenses (USD, thousands)1,935,096.007,938,0331,967,9351,996,145.002,125,971.001,682,238.007,772,2891,941,213
    Operating Income (USD, thousands)498,716.001,716,386452,252572,623.002,333,605470,885
    Interest and Other Income (USD, thousands)38,881.00113,71135,92835,306.0055,338.0042,596.00169,16839,389
    Interest and Other Expense (USD, thousands)(169,687.00)(660,150)(162,147)(159,157.00)(155,906.00)(156,776.00)(633,986)(157,110)
    Income Before Income Taxes and Equity in Income of Equity Method Investments (USD, thousands)367,910.001,169,947326,033448,772.00375,014.00718,968.001,868,787353,164
    Income Tax Expense (USD, thousands)9,272.00209,02019,38277,834.0057,377.00140,540.00295,13358,678
    Income Before Equity in Income of Equity Method Investments (USD, thousands)358,638.00960,927306,651370,938.00317,637.00578,428.001,573,654294,486
    Equity in Income of Equity Method Investments, Net of Tax (USD, thousands)13,795.0067,89616,41118,337.0015,896.0019,855.0070,49918,286
    Net Income (USD, thousands)372,433.001,028,823389,275.00333,533.00598,283.00312,772
    Net Income Attributable to Noncontrolling Interests (USD, thousands)(11,136.00)(42,590)(9,755)(14,515.00)(18,408.00)(31,110.00)(73,788)(7,038)
    Net Income Attributable to Global Payments (USD, thousands)361,297.00986,233313,307374,760.00315,125.00567,173.001,570,365305,734
    Basic Earnings Per Share Attributable to Global Payments (USD)1.383.781.221.471.246.181.24
    Diluted Earnings Per Share Attributable to Global Payments (USD)1.383.771.221.461.242.246.161.24
    Balance Sheet - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Cash and cash equivalents (USD, thousands)2,088,8872,088,8872,167,6162,097,1592,538,4162,538,4162,896,024
    Accounts receivable, net (USD, thousands)1,120,0781,120,0781,054,1931,134,2921,150,8401,081,7401,081,7401,112,308
    Settlement processing assets (USD, thousands)4,097,4174,097,4175,617,5764,496,7783,020,9361,620,9211,620,9211,836,890
    Prepaid expenses and other current assets (USD, thousands)760,926760,926830,548822,103787,366795,593795,593893,338
    Total current assets (USD, thousands)8,073,7598,073,7599,669,9338,550,3327,901,0826,036,6706,036,6706,738,560
    Goodwill (USD, thousands)26,743,52326,743,52326,728,02326,860,50026,959,56726,286,31826,286,31826,417,195
    Other intangible assets, net (USD, thousands)10,168,04610,168,0469,797,0239,607,2999,318,5358,931,9438,931,9438,668,020
    Property and equipment, net (USD, thousands)2,190,0052,190,0052,200,3662,309,3472,334,5742,277,5932,277,5932,352,656
    Deferred income taxes (USD, thousands)2,242,1052,242,1052,062,8852,010,6281,948,6101,832,9961,832,996105,694
    Notes receivable (USD, thousands)713,123713,123731,429741,478756,620772,297772,297788,075
    Other noncurrent assets (USD, thousands)2,569,6912,569,6912,567,7352,603,1492,634,7532,479,3512,479,3512,545,906
    Total assets (USD, thousands)50,570,18650,570,18651,774,75050,752,15849,985,84546,890,25547,616,106
    Settlement lines of credit (USD, thousands)981,244981,2441,095,9011,010,032788,052503,407503,407727,975
    Current portion of long-term debt (USD, thousands)620,585620,5851,565,0241,552,8631,075,7081,075,7081,180,408
    Accounts payable and accrued liabilities (USD, thousands)2,823,6382,823,6382,630,7892,680,7382,730,1893,079,9243,079,9242,925,073
    Settlement processing obligations (USD, thousands)3,698,9213,698,9215,209,9724,073,5573,457,7731,593,6751,593,6752,307,400
    Total current liabilities (USD, thousands)8,125,7298,125,72910,516,0199,329,3518,528,8776,252,7146,252,7147,140,856
    Long-term debt (USD, thousands)15,692,29715,692,29715,565,70515,611,94815,215,84715,164,65915,164,65915,014,421
    Other noncurrent liabilities (USD, thousands)722,540722,540643,996639,179672,902623,319623,319666,070
    Total liabilities (USD, thousands)26,782,67126,782,67128,788,60527,591,10626,366,23623,873,68823,873,68824,591,533
    Redeemable noncontrolling interests (USD, thousands)507,965507,965143,069147,400156,630160,623160,623166,791
    Paid-in capital (USD, thousands)19,800,95319,800,95318,806,39618,761,49418,810,83518,118,94218,118,94217,678,643
    Retained earnings (USD, thousands)3,457,1823,457,1823,706,8734,018,2074,269,8964,774,7364,774,7365,019,346
    Accumulated other comprehensive loss (USD, thousands)(258,925)(258,925)(297,438)(392,287)(269,338)(612,992)(612,992)(449,646)
    Total Global Payments shareholders’ equity (USD, thousands)22,999,21022,999,21022,215,83122,387,41422,811,39322,280,68622,280,68622,248,343
    Nonredeemable noncontrolling interests (USD, thousands)280,340280,340627,245626,238651,586575,258575,258609,439
    Total equity (USD, thousands)23,279,55023,279,55022,843,07623,013,65223,462,97922,855,94422,855,94422,857,782
    Total liabilities, redeemable noncontrolling interests and equity (USD, thousands)50,570,18650,570,18651,774,75050,752,15849,985,84546,890,25546,890,25547,616,106
    Cash Flow - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net income (USD, thousands)372,433.001,028,823323,062389,275.00333,533.00598,283.001,644,153312,772
    Depreciation and amortization of property and equipment (USD, thousands)116,132.00458,157117,919124,024.00126,962.00124,098.00493,003122,839
    Amortization of acquired intangibles (USD, thousands)332,509.001,318,535343,217345,940.00347,611.00332,560.001,369,328329,269
    Amortization of capitalized contract costs (USD, thousands)32,942.00123,40532,88335,136.0034,907.0035,125.00138,05134,424
    Share-based compensation expense (USD, thousands)35,669.00208,99440,11743,245.0050,999.0029,883.00164,24439,740
    Provision for operating losses and credit losses (USD, thousands)12,949.0097,10319,40921,617.0019,651.0020,341.0081,01819,950
    Noncash lease expense (USD, thousands)15,502.0065,30715,39714,344.0014,464.0014,523.0058,72814,162
    Paid-in-kind interest capitalized to principal of notes receivable (USD, thousands)----(18,875.00)(19,396.00)(74,139)(19,499)
    Equity in income of equity method investments, net of tax (USD, thousands)(13,795.00)(67,896)(16,411)(18,337.00)(15,896.00)(19,855.00)(70,499)(18,286)
    Distributions received on investments (USD, thousands)-18,267----32,8497,512
    Net (gain) loss on business dispositions (USD, thousands)(2,351.00)136,744----(273,134)(3,993)
    Other, net (Operating Activities) (USD, thousands)16,107.0018,545(5,619)28,642.00(154.00)22,918.0045,78719,338
    Net cash provided by operating activities (USD, thousands)657,450.002,248,741416,317736,882.00653,427.00555,124
    Business combinations and other acquisitions, net of cash and restricted cash acquired (USD, thousands)(125,844.00)(4,225,610)(2,557)(370,105.00)(1,128.00)(113,266.00)(487,056)(49,886)
    Capital expenditures (USD, thousands)(157,347.00)(658,142)(145,441)(179,216.00)(166,256.00)(184,004.00)(674,917)(127,577)
    Repayment of notes receivable (USD, thousands)0.0050,000-----4,375
    Net cash used in investing activities (USD, thousands)(241,433.00)(4,361,112)(147,998)(549,315.00)(149,308.00)(173,891)(173,088)
    Net (repayments) borrowings from settlement lines of credit (USD, thousands)254,010.00220,682133,228(77,877.00)(239,805.00)(258,259.00)(442,713)223,216
    Net (repayments) borrowings from commercial paper notes (USD, thousands)(528,654.00)1,367,859(1,093,043)156,504.00(431,320.00)0.00(1,367,859)867,582
    Proceeds from long-term debt (USD, thousands)1,475,721.0010,336,8504,609,0001,679,994.001,348,910.001,997,145.009,635,0491,551,000
    Repayments of long-term debt (USD, thousands)(1,471,084.00)(9,099,938)(2,628,548)(1,801,526.00)(1,372,880.00)(2,531,892.00)(8,334,846)(2,546,613)
    Payments of debt issuance costs (USD, thousands)0.00(12,735)(29,391)(3,665.00)0.000.00(33,056)-
    Repurchases of common stock (USD, thousands)(1.00)(418,272)(800,048)(99,999.00)0.00(651,903.00)(1,551,950)(446,286)
    Proceeds from stock issued under share-based compensation plans (USD, thousands)9,260.0060,34511,03114,106.008,394.009,478.0043,0096,340
    Common stock repurchased - share-based compensation plans (USD, thousands)(3,989.00)(41,225)(41,140)(2,139.00)(10,501.00)(2,449.00)(56,229)(36,006)
    Distributions to noncontrolling interests (USD, thousands)(8,682.00)(32,997)(4,748)(6,133.00)(18,475.00)(8,730.00)(38,086)(10,327)
    Proceeds and contributions from noncontrolling interests (USD, thousands)-26,205892,027.000.001,928.004,044-
    Purchase of capped calls related to issuance of convertible notes (USD, thousands)--(256,250)0.000.000.00(256,250)-
    Dividends paid (USD, thousands)(64,820.00)(260,431)(63,616)(63,426.00)(63,436.00)(62,333.00)(252,811)(61,124)
    Net cash (used in) provided by financing activities (USD, thousands)(317,256.00)2,141,121(163,436)(208,524.00)(779,113.00)(1,615,785.00)(2,766,858)(31,526)
    Effect of exchange rate changes on cash, cash equivalents and restricted cash (USD, thousands)48,249.0012,519(34,035)(19,617.00)54,730.00(113,912.00)(112,834)61,790
    Increase (decrease) in cash, cash equivalents and restricted cash (USD, thousands)147,010.0041,26970,848(40,574.00)852,366.00(403,540.00)479,100412,300
    Deferred income taxes (USD, thousands)(499,974)(499,974)(111,886)(184,963)(251,652)(346,228)(346,228)(70,737)
    Cash, cash equivalents and restricted cash, beginning of the period (USD, thousands)2,215,6062,215,6062,256,8752,256,8752,256,8752,256,8752,256,8752,735,975
    Cash, cash equivalents and restricted cash, end of the period (USD, thousands)2,256,8752,256,8752,327,7232,287,1493,139,5152,735,9752,735,9753,148,275
    Revenue by Segment - in Millions of USDFY 2013 InternationalQ1 2014 InternationalQ2 2014Q3 2014 InternationalQ4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015 (2)Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Merchant Solutions1,819.97,151.81,834.11,971.01,997.71,885.97,688.71,808.7
    - Relationship-led------3,925.3-
    - Technology-enabled------3,763.5-
    - Point-of-Sale and Software Solutions-------348.1
    - Integrated and Embedded Solutions-------803.5
    - Core Payments Solutions-------657.0
    Issuer Solutions629.82,398.9602.7613.5621.1646.42,483.7620.7
    Consumer Solutions-182.700--0.0-
    Intersegment Eliminations-15.68(78.984)--(17.2)-(66.5)(17.3)
    Direct--------
    - Wholesale--------
    North America--------
    Europe--------
    Asia-Pacific--------
    TSYS--------
    International Merchant Services--------
    Total Revenue2,433.89,654.42,420.22,568.82,601.62,515.310,105.92,412.1
    Revenue by Geography - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016 (3M)Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Americas1,958.357,862.61,975.12,072.5832,071.921,995.158,114.7551,948.8
    North America--------
    - United States--------
    - Canada--------
    Europe406.051,530.9384.8434.380462.95449.31,731.427398.9
    Asia Pacific69.4260.960.361.80566.6870.93259.71264.5
    Asia-Pacific--------
    International--------
    TSYS--------
    Total Revenue2,433.799,654.42,420.22,568.7682,601.552,515.3810,105.8942,412.1