Global Payments reported second quarter 2026 adjusted net revenue of $3.16 billion, reflecting normalized growth of 4% despite a 100-basis-point headwind from the Middle East conflict, and adjusted earnings per share of $3.46, a 12% increase driven by operating margin expansion and share repurchases. The company updated its full-year 2026 guidance to normalized constant currency adjusted net revenue growth of 4% to 5% and adjusted EPS of $13.60 to $13.80, assuming the conflict's impact on its travel portfolio persists through year-end. Adjusted operating margin expanded 70 basis points on a normalized basis to 42.0%, aided by Worldpay integration synergies. The SMB segment posted $1.51 billion in revenue with 4% normalized growth, supported by the Genius platform rollout, while Enterprise revenue grew 7% normalized to $838 million despite a 400-basis-point travel headwind, and Platforms revenue rose 7% normalized to $628 million on embedded payments strength. Global Payments repurchased approximately 8 million shares for $550 million in the quarter, completing over half of its $2 billion annual return target, and expects full-year adjusted free cash flow conversion to exceed 90%.
Global Payments IncQ2 EPS beat and raised guidance driven by margin expansion and buybacks.
