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Global Payments GPN Operating margin

Operating margin at other companies

Fidelity National Information Services logo
Fidelity National Information ServicesFIS
15.9%-0.8pp
Shopify logo
ShopifySHOP
13.3%+0.6pp
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
17.9%0.0pp
Corpay logo
CorpayCPAY
46.1%+1.1pp
Paychex logo
PaychexPAYX
36.9%-4.6pp
Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
-7.3%-3.2pp

Other financials

Income statement

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Revenue$3.0B+63.1%
Gross profit$1.7B+28.0%
Operating income-$15.6M-104%
Net income-$1.8B-689%
EPS (diluted)-$6.59-631%

Balance sheet

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Cash & equivalents$5.9B+116%
Total debt$22.6B+39.3%
Total equity$23.8B+6.9%
Total assets$64.3B+34.9%

Cash flow

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Operating cash flow-$288.8M-152%
CapEx$261.3M+105%
Free cash flow-$550.2M-229%

Valuation

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Market cap$18.15B-23.1%
Enterprise value$34.88B-6.2%
P/S2.1×-1.0×

Profitability

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Gross margin67.3%-6.4pp
Net margin-8%-28.2pp

Returns & leverage

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Return on equity-3.1%-10.1pp
Debt / equity0.9×+0.2×
Current ratio0.8×-0.2×

Where this comes from

Calculated from Global Payments’s reported figures.

Based on trailing twelve months.

The official record: Global Payments’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Global Payments's operating margin?
Global Payments (GPN) reported operating margin of 15.3% in Q1 2026.
How has Global Payments's operating margin changed year-over-year?
Global Payments's operating margin decreased by 40.4% year-over-year, from 25.7% to 15.3%.
What is the long-term trend for Global Payments's operating margin?
Over 4 years (2021 to 2025), Global Payments's operating margin has grown at a 15.1% compound annual growth rate (CAGR), from 58.7% to 103%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.