Cover and table of contents

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Cover and table of contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2026

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission file number: 001-16111

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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, Georgia30326
(Address of principal executive offices)(Zip Code)

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

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

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☑ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☑ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer☑Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
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. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes☐No☑

The number of shares of the issuer’s common stock, no par value, outstanding as of July 31, 2026, was 264,618,390.

GLOBAL PAYMENTS INC.

FORM 10-Q

For the quarterly period ended June 30, 2026

TABLE OF CONTENTS

Page
PART I - FINANCIAL INFORMATION
ITEM 1.Unaudited Consolidated Statements of Income for the three and six months ended June 30, 2026 and 20253
Unaudited Consolidated Statements of Comprehensive Income for the three and six months ended June 30, 2026 and 20255
Consolidated Balance Sheets at June 30, 2026 (unaudited) and December 31, 20256
Unaudited Consolidated Statements of Cash Flows for the six months ended June 30, 2026 and 20257
Unaudited Consolidated Statements of Changes in Equity for the three and six months ended June 30, 2026 and 20258
Notes to Unaudited Consolidated Financial Statements10
Note 1 - Basis of Presentation and Summary of Significant Accounting Policies10
Note 2 - Acquisition11
Note 3 - Business Dispositions and Discontinued Operations15
Note 4 - Revenues18
Note 5 - Goodwill and Other Intangible Assets19
Note 6 - Long-term Debt and Lines of Credit21
Note 7 - Derivatives and Hedging Instruments24
Note 8 - Income Tax27
Note 9 - Redeemable Noncontrolling Interests27
Note 10 - Shareholders' Equity28
Note 11 - Share-based Awards and Stock Options28
Note 12 - Earnings per Share30
Note 13 - Supplemental Balance Sheet and Cash Flow Information31
Note 14 - Accumulated Other Comprehensive Loss33
Note 15 - Segment Information34
Note 16 - Commitments and Contingencies37
ITEM 2.Management's Discussion and Analysis of Financial Condition and Results of Operations38
ITEM 3.Quantitative and Qualitative Disclosures About Market Risk53
ITEM 4.Controls and Procedures53
PART II - OTHER INFORMATION
ITEM 1.Legal Proceedings53
ITEM 1A.Risk Factors53
ITEM 2.Unregistered Sales of Equity Securities and Use of Proceeds54
ITEM 3.Defaults Upon Senior Securities54
ITEM 4.Mine Safety Disclosures54
ITEM 5.Other Information54
ITEM 6.Exhibits55
Signatures56

PART I—FINANCIAL INFORMATION

Next: Item 1. FINANCIAL STATEMENTS