Global Payments Inc. · NYSE:GPN
Global Payments — Q3 2025 Earnings Presentation
13 slides from Global Payments's earnings presentation, Nov 4, 2025
Slide 1: 3Q 2025 earnings
3Q 2025 earnings November 4, 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: 3Q 2025 highlights
Delivered 3Q results ahead of our expectations Produced strong adjusted free cash flow with 100% conversion rate Reduced leverage to 2.9x, below target of 3.0x and ahead of schedule 3Q 2025 Received Competition and Markets Authority (CMA) clearance in the U.K. for Worldpay acquisition highlights Now
Slide 4: 3Q 2025 financial performance
3Q 2025 financial performance Adjusted net Adjusted Adjusted Adjusted revenue growth operating margin EPS FCF $2.4B 45.0% $3.26 $784M +3% +110 bps +12% 100% +6% constant currency +80 bps ex-dispositions2 +11% constant currency1 Conversion Rate 1,2 ex-dispositions (1) Adjusted net revenue growth and a
Slide 5: Segment financial performance and outlook
Segment financial performance and outlook Merchant Issuer Solutions Solutions 3Q 2025 3Q 2025 Adjusted net revenue Adjusted operating margin Adjusted net revenue Adjusted operating margin $1.9B +2% 51.1% +110 bps $562M +6% 46.9% +150 bps +6.0% constant currency +5.1% constant currency 1 ex-dispositio
Slide 6: LTM 3Q 2025 key metrics
LTM 3Q 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: Global Rollout
Global Rollout Expect to introduce Followed by Romania, Poland, Today Genius in Germany before year end. Early 2026 and Australia thereafter. Genius launched across North America in the US, End of In 2026, we will bring Genius to Ireland, 2026-2027 Canada, and Mexico, and in Spain, and the Czech the
Slide 8: 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. 8
Slide 9: 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 10: 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 11: 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 12: Reconciliation of Non-GAAP Financial Measures Adjusted Free Cash Flow (unaudited)
Reconciliation of Non-GAAP Financial Measures Adjusted Free Cash Flow (unaudited) (1) Includes certain cash payments related to the business transformation and reorganization activities. Note: Amounts may not sum due to rounding © 2025 Global Payments Inc. All rights reserved. 12
Slide 13: Reconciliation of Non-GAAP Financial Measures 2025 Outlook Summary (unaudited)
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