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Screener / SEC EDGAR /CIK 0001123360 /10-K filed Feb 20, 2026, compared with Feb 14, 2025 /Numbers from the XBRL of the 10-Ks
Financials peers:
FITBHBANGPNWTWFISMTB
NYSE Financials · Business Services

Global Payments GPN

GPN quote by TradingView

Global Payments Inc. and its consolidated subsidiaries are referred to collectively as "Global Payments," the "Company," "we," "our" or "us," unless the context requires otherwise. 10-K, Item 1

Headquarters
Atlanta, GA
CEO
Cameron M. Bready
Next results
around Feb 17, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $7.7B through the costs to a net profit of $1.4B · income statement of the 10-K

23% operating margin
Revenue to Gross profit: $5.6BRevenue to Cost of revenue: $2.1BGross profit to Operating profit: $1.8BGross profit to Operating expenses: $3.8BOperating profit to Net profit: $1.4BOperating profit to Tax & other: $354.5M Revenue: $7.7B REVENUE $7.7B +0% Y/Y Gross profit: $5.6B · 73% margin GROSS PROFIT $5.6B 73% margin Cost of revenue: $2.1B · 27% of revenue COST OF REVENUE $2.1B 27% of revenue Operating profit: $1.8B · 23% margin OPERATING PROFIT $1.8B 23% margin · −11% Y/Y Operating expenses: $3.8B · 50% of revenue OPERATING EXPENSES $3.8B 50% of revenue Net profit: $1.4B · 18% margin NET PROFIT $1.4B 18% margin · −11% Y/Y Tax & other: $354.5M · 5% of revenue TAX & OTHER $354.5M 5% of revenue
Gross profit $5.6B 73% margin
Operating profit $1.8B 23% margin · −11% Y/Y
Net profit $1.4B 18% margin · −11% Y/Y
The full income statement, year by year

GPN among Financials peers

Six ratios from the latest 10-K. Each corner is the share of 75 peers the company is above, not a score.

Compare
Revenue growth: -0.4%, above 11% of 75 peers (their median 7.2%) REVENUE GROWTH -0.4% · above 11% Gross margin: 61.5%, above 62% of 8 peers (their median 52.2%) GROSS MARGIN 61.5% · above 62% Operating margin: 6.8%, above 19% of 27 peers (their median 26.3%) OPERATING MARGIN 6.8% · above 19% Net margin: -11.2%, above 3% of 75 peers (their median 20.7%) NET MARGIN -11.2% · above 3% FCF margin: -1.5%, above 6% of 48 peers (their median 21.5%) FCF MARGIN -1.5% · above 6% Return on capital: 3.1%, above 4% of 25 peers (their median 12.2%) RETURN ON CAPITAL 3.1% · above 4%
GPN Peer median Below the median

What changed

14 new risk paragraphs. 10-K filed Feb 20, 2026 against Feb 14, 2025.

Risk factors
14 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Accounting checks
9 other checks clear
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
3 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

9 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 9 checks found nothing to note

  • Receivables -0.4% vs revenue -0.4% (-0.1 pts)
  • Cash from operations $2.7B vs net income $1.4B (FY ending Dec 31, 2025)
  • Same auditor in both 10-Ks: Deloitte & Touche LLP
6 more checks with nothing to note
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

14 paragraphs in Risk Factors that were not in the 10-K filed Feb 14, 2025. Quoted as filed.

All 14 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
    More specifically, our computer systems and/or our associated third parties’ computer systems have been, and we expect will continue to be, targeted on a regular basis, and our data protection measures may not prevent, and occasionally have not prevented, unauthorized access. The techniques used to obtain unauthorized access, disable or…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
    The acquisition and integration of Worldpay involves a number of risks. The combination of two independent businesses is complex, costly and time consuming, and we will be required to devote significant management attention and resources to integrating the business practices and operations of Worldpay. Potential difficulties that we may…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
    Many merchants in our enterprise merchant segment have non-exclusive agreements with multiple providers of payment processing services and receive services simultaneously from multiple providers. These large merchants frequently have the contractual right and the technical capabilities to redirect and reallocate transaction volume…
  4. Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
    On July 4, 2025, the One Big Beautiful Bill Act (“OBBBA”) was enacted in the U.S. The OBBBA includes provisions, such as the permanent extension of certain expiring provisions of the Tax Cuts and Jobs Act, modifications to the international tax framework, and the restoration of favorable tax treatment for certain business provisions.…

New risk paragraphs, against peers

Latest 10-K of each, Financials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$9.0B$7.4B$7.7B$7.7B
Net income$111.5M$986.2M$1.6B$1.4B
Operating cash flow$2.2B$2.5B$3.1B$2.7B
Free cash flow$1.6B$1.9B$2.4B$2.0B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$7.7B ▼ 0.4% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

3 filings in the last 30 days · SEC EDGAR

All filings

About the company

Global Payments, Atlanta, GA · from the 10-K filed Feb 20, 2026

Global Payments Inc. and its consolidated subsidiaries are referred to collectively as "Global Payments," the "Company," "we," "our" or "us," unless the context requires otherwise. We are a leading payments technology company delivering innovative software and services to our customers globally, with worldwide reach spanning North America, Europe, Asia-Pacific and Latin America. The payments technology industry provides financial institutions, businesses and consumers with payment processing services, merchant acceptance solutions and related business management software and value-added services.

Headquarters
Atlanta, GA
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Nov 5, 2026
Incorporated in
GA

Email alerts

Sources

The 10-K filed Feb 20, 2026 (open at SEC), compared with the 10-K filed Feb 14, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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