Global Payments Inc. · NYSE:GPN
Global Payments — Q1 2026 Earnings Presentation
15 slides from Global Payments's earnings presentation, May 6, 2026
Slide 1: 1Q 2026 Results
DC2-Restricted 1Q 2026 Results May 6, 2026 © 2026 Global Payments Inc . All righ ts reserved.
Slide 2: Today's Speakers
Today’s Speakers Cameron Bready Bob Cortopassi Josh Whipple Chief Executive Officer Chief Operating Officer Chief Financial Officer © 2026 Global Payments Inc. All rights reserved. 2
Slide 3: Agenda
Agenda 01 Business Update 02 1Q 2026 Financial Results © 2026 Global Payments Inc. All rights reserved. 4
Slide 4: Integration Update
DC2-Restricted Integration Update Our combined scale is enabling outcomes that neither organization could have achieved on its own Implemented “best of both” approach across talent, products, and technology Top 4 layers of organization defined and in place; full alignment by early Q3 Developed execu
Slide 5: Go To Market Acceleration
Go To Market Acceleration Global distribution breadth is a competitive advantage Expanding Distribution New Product Innovation Notable Wins • Enabled Genius selling through • Enhancements to Genius: heritage Worldpay’s direct o Digital menu solutions for SMB salesforce restaurants o Handhelds for st
Slide 6: Continued Acceleration of Genius
Continued Acceleration of Genius Expanding across geographies, distribution channels, verticals and form factors 1Q 2026 2Q/3Q 2026 ~90% ~25% • Deploy enterprise-grade solutions for Increase in YoY increase in new SMBs (e.g., kitchen management & bookings YoY location additions digital menu) • Annou
Slide 7: Financial Discussion
DC2-Restricted Payment Financial Discussion received Josh Whipple Chief Financial Officer © 2025 Global Payments Inc. All rights reserved. 8
Slide 8: 1Q 2026 Financial Performance
1Q 2026 Financial Performance Adjusted Adjusted operating Adjusted Adjusted net revenue margin EPS2 FCF $2.86B 39.9% $2.96 $544M +5.5% +110bps +10% ~70% normalized1 normalized1 +10% constant currency conversion +4.5% normalized rate constant currency 1 Note: The acquisition of Worldpay and sale of I
Slide 9: Maintaining 2026 Outlook for PF Business
Maintaining 2026 Outlook for PF Business ~5% normalized constant currency adj. net revenue growth1 ~150bps normalized adj. operating margin expansion 1 ~$1B annual capital investment $13.80–$14.00 normalized adj. earnings per share1 >90% adj. free cash conversion2 >$2B of capital returned to shareho
Slide 10: Consistent Capital Allocation Priorities
• Committed to investment grade credit rating; achieve ~3.0x net leverage target by end of 2027 Consistent • Capital expenditures: 7% – 8% of revenue Capital Allocation • Steady dividend Targeting $7.5B Priorities • Ongoing share repurchases returns to shareholders for the period 2025 to o Announcin
Slide 11: Appendix
Appendix
Slide 12: 2026 Guidance Assumptions
2026 Guidance Assumptions • ~$850M adjusted net interest Capital Debt & Interest and other expense • ~$1B (~8% of adjusted net revenue) Expenditures Adj. Tax Rate • ~15.5% adjusted effective tax rate Adj. Free Cash • >90%1 Income from Flow Conversion Equity Method • ~$70M Investments Net Income • De
Slide 13: Non GAAP Financial Measures
Non GAAP Financial Measures Consolidated (unaudited) (In thousands, except per share data) Note: Financials in clud e the impact of th e sold Issuer So lutio ns business. See Sched ule 5 for a reconciliation of ea ch non-GA AP fina ncia l measure to th e most compar able GAAP measure , and Schedu le
Slide 14: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures Consolidated (unaudited) (1 ) Include adjustme nts to re ven ues for gross-up rela ted pa yments ( inclu ded in operating expenses) associa ted with certain lines of bu sine ss to reflect econo mic benefits to the company. Net re ven ue adju stments also
Slide 15: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures 2026 Outlook Summary (unaudited) (In millions, except per share data) (1 ) Include adjustme nts to re ven ues for gross- up rela ted payments (in clud ed in o perating expenses) associa ted with certain lines of business to reflect economic ben efit to t