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GLOBAL PAYMENTS INC. FY 2025 10-K, explained in plain English

GPN · 10-K for the period ending December 31, 2025, filed February 20, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$7.7B
Gross margin72.6%
Operating income$1.8B
Net income$1.4B
Diluted EPS$5.78
Cash & equivalents$8.3B
Total assets$53.3B
Long-term debt$21.6B

Key takeaway

GPN completed a major portfolio transformation in 2025-2026, divesting Issuer Solutions to FIS while acquiring Worldpay Holdco for about $6.2 billion cash plus 43.3 million shares.

🔒 4 more takeaways in the full analysis

Beneath the surface

Despite $8.34 billion in cash, GPN carries $21.55 billion in long-term debt, implying net debt of over $13 billion even before the ~$6.2 billion cash outlay for Worldpay closed in January 2026.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for GPN.

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