Global Payments has reported third quarter (Q3) GAAP revenues of $2.01bn for the period ending 30 September 2025.

This figure marks a slight increase from the $1.99bn recorded in the same quarter last year.

GAAP net income attributable to Global Payments reached $635.2m for the quarter, while operating income stood at $778m, compared to $442m in the previous year quarter.

Adjusted net revenues rose by 3% (or by 6% when excluding currency effects and dispositions) to $2.43bn.

Diluted earnings per share were $2.64, and the operating margin was 38.8%.

Adjusted earnings per share rose by 12% (11% on a constant currency basis) to $3.26.

The company’s adjusted operating margin expanded by 110 basis points to 45%.

Global Payments’ Merchant Solutions segment posted revenue of $2bn for the Q3 2025.

The company’s Issuer Solutions segment is reported as discontinued operations as of Q2 2025, following the agreement announced to divest the segment to Fidelity National Information Services.

Until the completion of the transaction, Issuer Solutions remains part of Global Payments, and non-GAAP financial measures continue to reflect the performance of the entire company.

For Q3 2025, Issuer Solutions recorded non-GAAP revenues of $561.7m and non-GAAP operating income of $263.4m.

Speaking on the company’s 2025 outlook, Global Payments chief financial officer Josh Whipple said: “The company continues to expect constant currency adjusted net revenue growth in the range of 5% to 6%, excluding dispositions, for the full year.

“We still expect annual adjusted operating margin expansion to be more than 50 basis points, excluding dispositions, and for our constant currency adjusted earnings per share growth to be at the high end of the 10% to 11% range in 2025.”