GLOBAL PAYMENTS INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: GPN reported a dramatic Q1 FY2026 swing to a net loss of $1.80B (EPS -$6.59) despite revenue surging 63.1% to $2.97B, driven largely by acquisition-related costs, a massive jump in SG&A, and sharply negative operating and free cash flows.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue jumped 63.1% YoY to $2.97B from $1.82B, likely reflecting the consolidation of acquired businesses. However, Cost of Revenue rose even faster at 157.2% YoY to $1.27B, suggesting the revenue mix shift from acquisitions is margin-dilutive.
SG&A expenses rose 78.8% YoY to $1.71B, contributing to an operating loss of -$15.6M versus operating income of $372.0M in the prior year period — a swing of over $387M. This reflects elevated integration, restructuring, or transaction costs associated with recent corporate activity.
Net loss of -$1.80B (vs. net income of $305.7M prior year) implies approximately $1.78B in non-operating losses beyond the operating loss, potentially including goodwill impairment, debt-related charges, or transaction costs tied to the significant balance sheet expansion.
Revenue
$2.97B
++63.14% YoY
EPS (Basic)
$-6.59
-631.45% YoY
Operating Income
$-15.65M
-104.21% YoY
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