GPN

EX-99.1

2 exhibit99120260331.htm

EX-99.1

Document

Exhibit 99.1

Global Payments Reports First Quarter 2026 Results

May 6, 2026

•First quarter 2026 GAAP diluted earnings (loss) per share (EPS) of ($6.59) and adjusted EPS of $2.96, an increase of 10%.

•First quarter 2026 GAAP revenue of $2.97 billion and adjusted net revenue of $2.86 billion. On a normalized basis1, adjusted net revenue increased approximately 5.5% or 4.5% in constant currency.

•Entering into $500 million accelerated share repurchase plan.

•Reaffirms full-year outlook for 2026.

ATLANTA -- Global Payments Inc. (NYSE: GPN) today announced results for the first quarter ended March 31, 2026.

“Our first quarter performance reflects the early momentum of Global Payments as a focused, pure-play commerce solutions leader,” said Cameron Bready, chief executive officer. “We have established a differentiated company with compelling scale, deep capabilities, and exceptional talent, and our execution this quarter reinforces our confidence in the opportunities ahead.”

Bready continued, “Since the beginning of the year, our teams have moved with urgency to advance the integration of Worldpay, expand the reach of Genius, and accelerate our most important strategic initiatives, while maintaining disciplined execution across the business.”

Bready concluded, “The acquisition of Worldpay is accelerating our transformation and sharpening our strategic focus. With clear priorities and a strong foundation in place, we are positioned to deliver sustained growth, increasing returns, and meaningful value creation for shareholders over the long term.”

1 Normalized comparisons include the pre-acquisition results of Worldpay and exclude the results of Issuer Solutions and other divested businesses.

1

Exhibit 99.1

First Quarter 2026 Summary

•GAAP revenues were $2.97 billion and diluted earnings (loss) per share were ($6.59).

•Adjusted net revenues increased approximately 29.5% to $2.86 billion. On a normalized basis1 (consistent with our full-year outlook, adjusted net revenue increased approximately 5.5% or 4.5% in constant currency. Adjusted operating margin expanded 110 basis points on a normalized basis1 to 39.9%.

•Adjusted EPS increased 10% to $2.96.

2026 Outlook

“We are pleased with our financial performance in the first quarter, which exceeded our expectations,” said Josh Whipple, chief financial officer. “In the midst of an evolving macroeconomic environment, our results highlight the advantages of our diversified business model and our unmatched worldwide distribution.”

Whipple continued, “For the full year 2026, we continue to expect normalized1, constant currency adjusted net revenue growth of approximately 5% and adjusted earnings per share of $13.80 to $14.00. We continue to expect normalized1 adjusted operating margin expansion of approximately 150 basis points for the full year 2026.”

Whipple concluded, “Following the completion of the acquisition of Worldpay and sale of Issuer Solutions, we are focused on executing our value creation initiatives and advancing our commitment to return capital to shareholders.”

Financial Reporting Considerations for Issuer Solutions Transaction

Effective in the second quarter of 2025, the company began accounting for the Issuer Solutions business as discontinued operations as a result of the announced divestiture to Fidelity National Information Services. Issuer Solutions continued to operate as a business of Global Payments until closing; accordingly, our non-GAAP financial measures reflect total company performance.

Capital Allocation

The company is entering into a $500 million accelerated share repurchase plan.

The company expects to return over $2 billion to shareholders through repurchases and dividends in 2026, including the $500 million accelerated share repurchase plan announced today.

2

Exhibit 99.1

Global Payments’ Board of Directors approved a dividend of $0.25 per share payable on June 26, 2026 to shareholders of record as of June 12, 2026.

Conference Call

Global Payments’ management will host a live audio webcast today, May 6, 2026, at 8:00 a.m. ET to discuss financial results and business highlights. The audio webcast, along with supplemental financial information, can be accessed via the investor relations page of the company’s website at investors.globalpayments.com. A replay of the audio webcast will be archived on the company's website following the live event.

Non-GAAP Financial Measures

Global Payments supplements its reporting of revenue, operating income, operating margin, net income, earnings per share, free cash flow, and free cash flow conversion with certain non-GAAP financial measures. These non-GAAP financial measures include adjusted revenue, adjusted operating income, adjusted operating margin, adjusted net income, and adjusted earnings per share, adjusted free cash flow, and adjusted free cash flow conversion. The constant currency growth measures adjust for

gpn-202602180001123360false00011233602026-02-182026-02-180001123360us-gaap:CommonStockMember2026-02-182026-02-180001123360gpn:A4875SeniorNotesDue2031Member2026-02-182026-02-18

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 18, 2026

Commission file number 001-16111

GLOBAL PAYMENTS INC.

(Exact name of registrant as specified in charter)

Georgia58-2567903 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)

3550 Lenox Road, Atlanta, Georgia 30326 (Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code:     (770) 829-8000

NONE

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act Title of each classTrading symbolName of exchange on which registered Common stock, no par valueGPNNew York Stock Exchange 4.875% Senior Notes due 2031GPN31ANew York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02.    Results of Operations and Financial Condition

On February 18, 2026, Global Payments Inc. (the "Company" or "Global Payments") issued a press release announcing its financial results for the quarter and year ended December 31, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K (this "Report") and is incorporated herein by reference.

The information being furnished pursuant to Item 2.02 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 5.02.    Departure of Directors or Certain Officers, Election of Directors, Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Appointment of Director

On February 18, 2026, the Company announced that the Board of Directors of the Company (the “Board”) appointed Vivek Sankaran as a new director of the Company and to the Audit Committee and Compensation Committee of the Board, effective February 19, 2026.

Mr. Sankaran will be compensated for his service as director on the same basis as other non-employee directors of the Company. There are no arrangements or understandings between Mr. Sankaran and any other person pursuant to which he was selected as a director, and there are no related person transactions within the meaning of Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission between the Company and Mr. Sankaran required to be disclosed herein.

Mr. Sankaran is the former CEO of Albertsons Companies, where he led a major operational and digital transformation. Before his appointment as CEO of Albertsons in April 2019, he spent a decade at PepsiCo, ultimately leading Frito-Lay North America. Before joining PepsiCo in 2009, Mr. Sankaran was a partner at McKinsey & Company, where he served various Fortune 100 companies. Mr. Sankaran has an MBA from the University of Michigan, a master’s degree in manufacturing from Georgia Institute of Technology and a bachelor’s degree in mechanical engineering from the Indian Institute of Technology in Chennai.

Appointment of Chief Accounting Officer and Principal Accounting Officer

On February 18, 2026, the Company announced the appointment of Jennifer Bozeman Whyte as the Company’s Chief Accounting Officer and principal accounting officer, effective March 1, 2026.

Ms. Whyte, age 49, has serv

gpn-202511040001123360false00011233602025-11-042025-11-040001123360us-gaap:CommonStockMember2025-11-042025-11-040001123360gpn:A4875SeniorNotesDue2031Member2025-11-042025-11-04

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 4, 2025

Commission file number 001-16111

GLOBAL PAYMENTS INC.

(Exact name of registrant as specified in charter)

Georgia58-2567903 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)

3550 Lenox Road, Atlanta, Georgia 30326 (Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code:     (770) 829-8000

NONE

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act Title of each classTrading symbolName of exchange on which registered Common stock, no par valueGPNNew York Stock Exchange 4.875% Senior Notes due 2031GPN31ANew York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02.    Results of Operations and Financial Condition

On November 4, 2025, Global Payments Inc. (the "Company" or "Global Payments") issued a press release announcing its financial results for the quarter ended September 30, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K (this "Report") and is incorporated herein by reference.

The information being furnished pursuant to Item 2.02 of this Report, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01.    Financial Statements and Exhibits (d) Exhibits

Exhibit No.Description 99.1Press Release of Global Payments Inc., containing financial information for the quarter ended September 30, 2025, dated November 4, 2025.

104Cover Page Interactive Data File (embedded within the Inline XBRL document).

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

GLOBAL PAYMENTS INC.

Date:November 4, 2025By: /s/ Joshua J. Whipple Joshua J. Whipple Chief Financial Officer