Global Payments Q3 revenue climbs 64% on Worldpay deal, but profit falls sharply

what happened

Global Payments published its third-quarter 2026 results. According to TradingView, which summarized the 10-Q report filed with the SEC, revenue rose 63.7% to $3.31 billion from $2.02 billion a year earlier. The gain came mainly from the Worldpay acquisition. Net income attributable to the company fell 55.8% to $280.89 million, and diluted earnings per share dropped 59.8% to $1.06 from $2.64.

Profit was weighed down by heavier amortization of intangibles tied to Worldpay and by acquisition and integration costs. The year-earlier period also included a gain from selling Payroll Solutions, which makes the comparison look worse. By segment, Enterprise revenue reached $836.3 million, Platforms $633.6 million and SMB $1.66 billion, while SMB operating income slipped 3.5%. The company expects its transformation plan to add more than $650 million in annual operating income by the first half of 2027, and it targets $650 million of annual Worldpay synergies by the end of 2028.

why it matters

For investors, the key question is how quickly the company can deliver the promised synergies and bring down integration costs that currently eat into earnings. Much of the revenue growth reflects the deal itself, so judging the core business requires looking past Worldpay's contribution.

market impact

GPN: revenue growth from the deal is offset by amortization and integration costs that squeeze EPS

tags

instruments