$GPN · GLOBAL PAYMENTS INC
Global Payments filed its Q3 FY2026 10-Q. Revenue rose 63.7% YoY to $3.306B, driven by a large acquisition (goodwill jumped to $26.99B from $17.08B). But operating income fell to $246.2M from $774.0M, and income from continuing operations dropped to $88.4M from $468.8M. Diluted EPS from continuing operations was $0.30 versus $1.85 a year ago; total diluted EPS was $1.06 versus $2.64. Nine-month results show a net loss attributable to Global Payments of $1.51B, driven by a $1.49B discontinued-operations loss.
- Revenue rose 63.7% YoY to $3.306B in Q3 FY2026.
- Continuing-operations diluted EPS fell to $0.30 from $1.85.
- Operating income dropped to $246.2M from $774.0M.
- Goodwill surged to $26.99B from $17.08B after an acquisition.
- Nine-month net loss attributable to Global Payments was $1.51B.
Markets closed — no regular-session reaction yet; extended-hours move not captured here. Stock closed at $94.98, down 1.16% on the day.
A 63.7% revenue jump masks a 68% drop in operating income and an 84% drop in continuing-operations EPS, a red flag on acquisition economics.
The revenue surge reflects a major acquisition, consistent with consolidation in payments, but sharply higher cost of service and SG&A compressed margins versus peers.
Integration of the large acquisition drove cost of service up to $1.30B from $559M and SG&A to $1.76B from $1.03B, pressuring operating margin to 7.4%. The $1.49B nine-month discontinued-operations loss signals disposition-related charges.