Global Payments Posts $3.18 Q4 EPS, Authorizes $2.5 B Buyback and $0.25 Dividend
Global Payments reported Q4 fiscal 2025 adjusted EPS of $3.18, up 12%, on $2.32 billion revenue and 44.7% operating margin, an 80 bps increase. It authorized a $2.5 billion repurchase including a $550 million accelerated plan, declared a $0.25 dividend and forecast 2026 EPS of $13.80–14.00 with $7.5 billion capital returns through 2027.
1. Q4 Fiscal 2025 Results
Global Payments delivered adjusted EPS of $3.18, up 12% year-over-year, on revenue of $2.32 billion, narrowly missing consensus by $5 million. Adjusted net revenues rose 1% year-over-year (6% on a constant-currency basis excluding dispositions), while operating margin expanded 80 basis points to 44.7%.
2. Capital Return Programs
The board authorized $2.5 billion in share repurchases, launching a $550 million accelerated buyback plan and declaring a $0.25 per share dividend payable March 30, 2026. The company expects to return over $2 billion to shareholders through repurchases and dividends in 2026 and $7.5 billion through 2027.
3. 2026 Outlook
For fiscal 2026, Global Payments forecast adjusted EPS of $13.80 to $14.00, above the $13.64 consensus, and projected revenue of approximately $9.781 billion, slightly below estimates. It anticipates net revenue growth of about 5% on a constant-currency basis (excluding dispositions) and operating margin expansion of roughly 150 basis points.
4. Strategic Transactions
The company completed the acquisition of Worldpay and divested Issuer Solutions, solidifying its position as a pure-play merchant solutions provider. Issuer Solutions was classified as discontinued operations in Q2 2025 upon its divestiture announcement.