Global Payments Inc. · NYSE:GPN
Global Payments — Q2 2025 Earnings Presentation
12 slides from Global Payments's earnings presentation, Aug 6, 2025
Slide 1: 2Q 2025 earnings
2Q 2025 earnings August 6, 2025
Slide 2: Forward-looking statements
Forward-looking statements This presentation may contain certain forward-looking statements within the meaning of the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are based on current expectations, estimates and projections
Slide 3: 2Q 2025 highlights
Delivered 2Q results modestly ahead of our expectations Produced strong adjusted free cash flow with 108% conversion rate Entering into $500 million accelerated share repurchase plan in connection with Payroll divestiture Updates outlook for 2025 2Q 2025 Launched Genius for Restaurants and Genius for
Slide 4: 2Q 2025 financial performance
2Q 2025 financial performance Adjusted net Adjusted Adjusted revenue growth operating margin EPS $2.4B 44.6% $3.10 +2% +130 bps +11% +5% constant currency +11% constant currency1 ex-dispositions1,2 +110 bps ex-dispositions2 (1) Adjusted net revenue growth and adjusted EPS growth on a constant currenc
Slide 5: Segment financial performance and outlook
Segment financial performance and outlook Merchant Issuer Solutions Solutions 2Q 2025 2Q 2025 Adjusted net revenue Adjusted operating margin Adjusted net revenue Adjusted operating margin $1.8B +1% 50.1% +130 bps $547M +4% 48.7% +190 bps +5.5% constant currency +3.5% constant currency 1 ex-dispositio
Slide 6: LTM 2Q 2025 key metrics
LTM 2Q 2025 key metrics MERCHANT ISSUER POS & Integrated & Core Issuer Software Embedded Payments Solutions Adj. net revenue High-single-digit High-single-digit Mid-single-digit Low-single-digit growth1 Bookings New POS New ARR2 New partners New ARR2 New partners Traditional accounts growth location
Slide 7: 2025 outlook
2025 outlook Adjusted net revenue growth (constant currency ex-dispositions) 5% to 6% Adjusted operating margin expansion (ex-dispositions) 90%+ >50 bps Adjusted free cash flow conversion Adjusted EPS growth (constant currency) High end of 10% to 11% © 2025 Global Payments Inc. All rights reserved. 7
Slide 8: Non-GAAP financial measures
Non-GAAP financial measures Global Payments supplements revenues, operating income, operating margin, EPS and net operating cash flows determined in accordance with U.S. GAAP by providing these measures with certain adjustments (such measures being non-GAAP financial measures) in this document to assis
Slide 9: Reconciliation of Non-GAAP Financial Measures Consolidated (unaudited)
Reconciliation of Non-GAAP Financial Measures Consolidated (unaudited) (1) Includes adjustments to revenues for gross-up related payments (included in operating expenses) associated with certain lines of business to reflect economic benefits to the company. Net revenue adjustments also included Inters
Slide 10: Reconciliation of Non-GAAP Financial Measures Segment Adjusted Net Revenue and Adjusted Operating Income
Reconciliation of Non-GAAP Financial Measures Segment Adjusted Net Revenue and Adjusted Operating Income (unaudited) (1) Includes adjustments to revenues for gross-up related payments (included in operating expenses) associated with certain lines of business to reflect economic benefits to the company
Slide 11: Reconciliation of Non-GAAP Financial Measures Adjusted Free Cash Flow
Reconciliation of Non-GAAP Financial Measures Adjusted Free Cash Flow (unaudited) (1) Includes applicable 2024 federal cash taxes associated with the sale of the AdvancedMD business. (2) Includes certain cash payments related to the business transformation and reorganization activities. Note: Amount
Slide 12: Reconciliation of Non-GAAP Financial Measures 2025 Outlook Summary
Reconciliation of Non-GAAP Financial Measures 2025 Outlook Summary (unaudited) (1) Includes adjustments to revenues for gross-up related payments (included in operating expenses) associated with certain lines of business to reflect economic benefit to the company. Amounts also included adjustments to