Global Payments Inc. (GPN) Income Statement
GPN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGPN revenue and net income
Where GPN's revenue goes
2025Each bar shows an amount and its share of revenue. GPN kept 18.2% of revenue as net income.
GPN profit margins
GPN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −23.7% | −5.0% | +0.7% | +10.8% |
| Gross profit | −11.9% | +2.5% | +8.2% | +12.3% |
| Operating income | −35.6% | −9.4% | +3.9% | +12.3% |
| Net income | −10.8% | +132.4% | +19.1% | +17.5% |
| EPS (diluted) | +5.9% | +9.4% | +13.8% | +16.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GPN quarterly EPS vs estimates
Global Payments beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 3, 2026 (estimate $3.57).
GPN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.71B | $10.11B | $9.65B | $8.98B | $8.52B | $7.42B | $4.91B | $3.37B | $3.98B | $3.37B |
| Cost of revenue | $2.11B | $3.76B | $3.73B | $3.78B | $3.77B | $3.65B | $2.07B | $1.10B | $1.93B | $1.60B |
| Gross profit | $5.59B | $6.35B | $5.93B | $5.20B | $4.75B | $3.77B | $2.84B | $2.27B | $2.05B | $1.77B |
| Research & development | — | $55.8M | — | — | — | — | $31.1M | $0 | $0 | — |
| Sales, general & admin | $3.34B | $4.29B | $4.07B | $3.52B | $3.39B | $2.88B | $2.05B | $1.53B | $1.49B | $1.33B |
| Total operating expenses | $4.12B | $4.06B | $3.71B | $3.22B | $2.99B | $2.56B | $1.79B | $1.48B | $1.48B | $1.41B |
| Operating income | $1.47B | $2.29B | $2.21B | $1.98B | $1.76B | $1.21B | $1.05B | $793.2M | $571.9M | $356.3M |
| Interest income | $494.5M | $169.2M | $113.7M | $33.6M | $19.3M | $43.6M | $31.4M | $20.7M | $8.7M | $64.6M |
| Interest expense | $649.6M | $634.0M | $660.1M | $449.4M | $333.7M | $343.5M | $304.9M | $195.6M | $174.8M | $69.3M |
| Income before taxes | $1.38B | $1.94B | $1.24B | $310.0M | $1.16B | $682.3M | $531.5M | $562.2M | $392.7M | $257.0M |
| Income taxes | $251.6M | $295.1M | $209.0M | $166.7M | $169.0M | $77.2M | $62.2M | $77.5M | −$101.4M | $36.3M |
| Net income | $1.40B | $1.57B | $986.2M | $111.5M | $965.5M | $584.5M | $430.6M | $452.1M | $468.4M | $201.8M |
| EBITDA | $3.45B | $4.52B | $3.74B | $2.43B | $3.23B | $2.69B | $1.76B | $1.29B | $1.01B | $748.1M |
| EPS (diluted) | $12.23 | $11.55 | $10.42 | $9.33 | $8.17 | $6.40 | $6.17 | $5.19 | $4.01 | $3.18 |
| Gross margin | 72.6% | 62.8% | 61.4% | 57.9% | 55.7% | 50.8% | 57.8% | 67.5% | 51.5% | 52.4% |
| Operating margin | 19.1% | 22.6% | 22.9% | 22.0% | 20.6% | 16.4% | 21.3% | 23.6% | 14.4% | 10.6% |
| Net margin | 18.2% | 15.5% | 10.2% | 1.2% | 11.3% | 7.9% | 8.8% | 13.4% | 11.8% | 6.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.32B | $2.97B | $1.90B | $2.01B | $1.96B | $2.41B | $2.52B | $2.00B | $1.97B | $2.42B | $2.43B | $2.48B |
| Cost of revenue | $1.29B | $1.27B | $557.3M | $556.7M | $498.8M | $921.2M | $952.3M | $504.6M | $504.5M | $922.4M | $922.3M | $915.5M |
| Gross profit | $2.03B | $1.70B | $1.34B | $1.45B | $1.46B | $1.49B | $1.56B | $1.49B | $1.47B | $1.50B | $1.51B | $1.56B |
| Sales, general & admin | $1.69B | $1.71B | $775.0M | $1.02B | $1.03B | $1.02B | $1.00B | $40.1M | $1.06B | $40.1M | $1.02B | $926.9M |
| Total operating expenses | $1.69B | $1.71B | $1.09B | $811.7M | $897.3M | $995.6M | $958.5M | $945.5M | $991.2M | $966.6M | $892.7M | $923.9M |
| Operating income | $337.1M | −$15.6M | $247.5M | $639.2M | $560.6M | $495.3M | $604.6M | $547.6M | $475.4M | $531.2M | $618.9M | $636.3M |
| Interest income | $44.7M | $33.5M | $144.4M | $21.5M | $35.5M | $39.4M | $42.6M | $126.6M | $35.3M | $35.9M | $38.9M | $137.6M |
| Interest expense | $277.5M | $242.4M | $204.5M | $142.9M | $152.2M | $157.1M | $156.8M | $155.9M | $148.2M | $162.1M | $169.7M | $176.1M |
| Income before taxes | $104.3M | −$204.7M | $136.0M | $672.6M | $330.4M | $371.4M | $738.8M | $363.8M | $379.7M | $342.4M | $381.7M | $435.5M |
| Income taxes | −$4.9M | −$11.8M | −$32.6M | $199.3M | $118.3M | $58.7M | $140.5M | $59.9M | $64.7M | $19.4M | $9.3M | $58.9M |
| Net income | −$8.7M | −$1.80B | $217.5M | $635.2M | $241.6M | $305.7M | $567.2M | $315.1M | $374.8M | $313.3M | $361.3M | $361.8M |
| EBITDA | $337.1M | $882.6M | $710.7M | $1.13B | $818.5M | $996.0M | $1.38B | $844.9M | $979.6M | $984.9M | $1.03B | $1.09B |
| EPS (diluted) | $3.46 | $2.96 | $3.18 | $3.26 | $3.10 | $2.69 | $2.95 | $3.08 | $2.93 | $2.59 | $2.65 | $2.75 |
| Gross margin | 61.0% | 57.1% | 70.6% | 72.3% | 74.5% | 61.8% | 62.1% | 74.7% | 74.4% | 61.9% | 62.1% | 63.0% |
| Operating margin | 10.2% | −0.5% | 13.0% | 31.8% | 28.7% | 20.5% | 24.0% | 27.4% | 24.1% | 21.9% | 25.4% | 25.7% |
| Net margin | −0.3% | −60.6% | 11.5% | 31.6% | 12.3% | 12.7% | 22.5% | 15.8% | 19.0% | 12.9% | 14.8% | 14.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GPN's financial statements (latest annual report filed February 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GPN financial results
In fiscal year 2025 (ended December 31, 2025), Global Payments reported revenue of $7.7 billion, down 23.7% from the year before. It had net income of $1.4 billion (down 10.8%), a net profit margin of 18.2%. Diluted earnings per share came to $12.23. Over five years revenue grew at an average rate of 0.7% a year.
See the GPN stock overview for the latest quote and news, or the GPN chart for price history and technical indicators.
GPN income statement FAQ
What is Global Payments's annual revenue?
Global Payments reported total revenue of $7.7 billion for fiscal year 2025, which ended on December 31, 2025. That was down 23.7% from $10.1 billion the previous year.
Is Global Payments profitable?
Yes. Global Payments reported net income of $1.4 billion in fiscal 2025, a net profit margin of 18.2%; its operating margin was 19.1%.
What is Global Payments's gross margin?
Global Payments's gross margin was 72.6% in fiscal 2025: for every $100 of revenue, Global Payments kept $73 after the direct cost of its products and services.
How fast is Global Payments growing?
Revenue grew 0.7% a year on average over the last five fiscal years, from $7.4 billion to $7.7 billion.
What are Global Payments's earnings per share?
Global Payments earned $12.23 per diluted share in fiscal 2025, compared with $11.55 a year earlier.
When will Global Payments report its next earnings?
Global Payments is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 before the market opens.
When does Global Payments's fiscal year end?
Global Payments's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 20, 2026.