Quarterly ResultMay 6, 2026, 07:08 AM
Global Payments Q1 Adjusted EPS $2.96 (+10%); $500M Share Buyback
AI Summary
Global Payments Inc. announced its first quarter 2026 financial results, reporting GAAP diluted EPS of ($6.59) and adjusted diluted EPS of $2.96, a 10% increase. GAAP revenue was $2.97 billion, with adjusted net revenue rising 5.5% on a normalized basis to $2.86 billion. The company also initiated a $500 million accelerated share repurchase plan and reaffirmed its full-year 2026 outlook for adjusted net revenue growth of approximately 5% and adjusted EPS of $13.80 to $14.00.
Key Highlights
- Q1 2026 GAAP diluted EPS was ($6.59).
- Q1 2026 adjusted diluted EPS increased 10% to $2.96.
- Q1 2026 GAAP revenue reached $2.97 billion.
- Q1 2026 adjusted net revenue grew 5.5% (normalized) to $2.86 billion.
- Company is entering a $500 million accelerated share repurchase plan.
- Reaffirmed full-year 2026 adjusted EPS outlook of $13.80 to $14.00.
- Reaffirmed full-year 2026 normalized adjusted net revenue growth of ~5%.
- Board approved a quarterly dividend of $0.25 per share.