Global Payments reported a solid Q2 2026, with EPS up 12%, despite a Middle East travel headwind. Management cut full-year EPS guidance slightly due to the persistent conflict but maintained margin expansion targets. The update highlighted accelerated adoption of the 'Genius' POS platform and strong enterprise bookings. Adjusted net revenue grew 4% normalized; adjusted EPS grew 12% to $3.46.
Global Payments reported a solid Q2 2026, with EPS up 12%, despite a Middle East travel headwind. Management cut full-year EPS guidance slightly due to the persistent conflict but maintained margin expansion targets. The update highlighted accelerated adoption of the 'Genius' POS platform and strong enterprise bookings. Adjusted net revenue grew 4% normalized; adjusted EPS grew 12% to $3.46.
Bookings are strong across segments: SMB new merchant locations per salesperson up 30%, Genius bookings up sequentially 25%+, enterprise bookings up 10% year-to-date with new wins, and platform signed 48 new partners in Q2. Management expects acceleration in the back half as…
Bookings are strong across segments: SMB new merchant locations per salesperson up 30%, Genius bookings up sequentially 25%+, enterprise bookings up 10% year-to-date with new wins, and platform signed 48 new partners in Q2. Management expects acceleration in the back half as…
EPS guidance lowered to $13.60-$13.80 due to Middle East conflict impact on travel portfolio; assumes impact persists through year.
Management emphasized AI as an accelerator across products and operations, citing AI-native optimization services improving approval rates, agentic commerce pilots with leading AI platforms and global retailers, and AI-powered features in Genius such as voice ordering and…
Management emphasized AI as an accelerator across products and operations, citing AI-native optimization services improving approval rates, agentic commerce pilots with leading AI platforms and global retailers, and AI-powered features in Genius such as voice ordering and reporting.
Bookings are strong across segments: SMB new merchant locations per salesperson up 30%, Genius bookings up sequentially 25%+, enterprise bookings up 10% year-to-date with new wins, and platform signed 48 new partners in Q2. Management expects acceleration in the back half as enterprise clients go live.
Global Payments continues to invest approximately $1 billion annually (8% of adjusted net revenue) in the business, with capex of $236 million in Q2 2026, funding innovation, AI, and product development like Genius.
Management expressed confidence in execution, integration progress, and future growth, while acknowledging external headwinds from the Middle East and currency, but framing them as modest and transitory.
“Our revenue boost solution, which was already generating $2 billion in annual approval uplift, is now delivering an additional 50 basis point increase in approval rates through AI-powered intelligent decisioning.”
| Показатель | Период | Диапазон | Середина | Статус |
|---|---|---|---|---|
| EPS | FY2026 | $13.60–$13.80 | $13.70 | LOWERED |
| Op margin | FY2026 | 43%inline к консенсусу | 43% | MAINTAINED |
Domino's expanded its partnership with Global Payments to become an exclusive payments provider in the US, signifying a major customer win and revenue commitment.
“We also expanded our relationship with Domino's Pizza to be their exclusive provider for card-present and card-not-present payments in the U.S.”
… across our expanding financial institution network. Turning to our enterprise segment, our strategy to sell our advanced payments capabilities and value-added services in a modularized, configurable way continues to pay dividends. Bookings are up 10% year-to-date, including notable new wins with Shangri-La Hotels, online derivatives platform IG Group, Australian crypto trading platform BingX, and a multinational home furnishing brand. We also expanded our relationship with Domino's Pizza to be their exclusive provider for card-present and card-not-present payments in the U.S., alongside our existing relationship in Canada. Further, we extended our relationship with a leading global retailer to support their Canadian locations, and we renewed key municipality partners, including the state of Ohio and the cities of Chicago and San Antonio. We also continue to make strong progress integrating and ramping our recently signed clients, with approximately one-third of these going live during the second quarter, including our recent wins with Aldi, Morsons, and ride-sharing and delivery platform Careem in the UAE. Within our platform segment, our growth strategy is centered around …
Aldi was a recent enterprise win that went live, adding processing volume and revenue for Global Payments.
“approximately one-third of these going live during the second quarter, including our recent wins with Aldi, Morsons, and ride-sharing and delivery platform Careem in the UAE.”
… for card-present and card-not-present payments in the U.S., alongside our existing relationship in Canada. Further, we extended our relationship with a leading global retailer to support their Canadian locations, and we renewed key municipality partners, including the state of Ohio and the cities of Chicago and San Antonio. We also continue to make strong progress integrating and ramping our recently signed clients, with approximately one-third of these going live during the second quarter, including our recent wins with Aldi, Morsons, and ride-sharing and delivery platform Careem in the UAE. Within our platform segment, our growth strategy is centered around expanding our leadership position in embedded payments. We are investing to extend our reach with fast-growing payfax, marketplaces, and software platforms, while leveraging our global footprint and broad portfolio of value-added services to drive expansion across both new and existing partners. Within this segment, we signed 48 new partners during the second quarter, with more than half of these wins being international. These partners are well diversified across verticals, including B2B, healthcare, hospitality, …
Desjardins is a distribution partner adopting Global Payments' Genius POS platform, indicating successful channel expansion for the product in Canada.
“In Canada, our longstanding bank partner, Desjardins, is now selling Genius and experiencing strong momentum.”
… Since the beginning of the year, we have seen a 30% increase in new merchant locations per quota-carrying sales professional. This contributed to a greater than 25% sequential increase in Genius bookings in the second quarter. New customer yields also increased 75% year-over-year, demonstrating that our clients are willing to pay for the value Genius delivers. Genius adoption is accelerating as we expand across geographies and sales channels. In Canada, our longstanding bank partner, Desjardins, is now selling Genius and experiencing strong momentum. In the U.S., we are on track to enable WorldPay's financial institution partners to begin selling Genius during the fourth quarter, starting with 30 of our largest bank partners. Further, our pipeline remains strong, and we continue to win new marquee clients. For example, Long John Silver has recently completed its rollout of Genius digital menu solutions across 100 locations, and Polo Tropical selected Genius for its 135 stores. Jeremiah's Italian Ice chose Genius to replace its legacy point of sale solution and to unify its software and payments together with a single provider. In response to this strong demand, we are …
Global Payments' 'revenue boost' AI solution added ~50 basis points to approval rates and is driving $2 billion in annual approval uplift for merchants, indicating a strong AI-driven value-add pricing opportunity. — Demonstrates Global Payments is successfully monetizing AI capabilities to enhance merchant yield and differentiate from competitors, potentially pressuring them to invest similarly.
… in value-added services like fraud and authorization optimization. And we're magnifying that advantage by deploying AI. Payment performance is not based on guesswork. It is based on frameworks and identifying patterns in data. For example, our AI-native optimization services continue to drive payment performance and risk mitigation across multiple products, delivering higher approval rates with minimal risk. Our revenue boost solution, which was already generating $2 billion in annual approval uplift, is now delivering an additional 50 basis point increase in approval rates through AI-powered intelligent decisioning. Our patent-pending authentication optimization solution is also utilizing agentic capabilities to deliver significant improvements in authorization performance for 3D secure transactions. Further, agentic commerce is an emerging growth opportunity, and we continue to invest in platform-agnostic modular set of capabilities designed to help merchants participate in new commerce models, regardless of channel, agent, or payment method. We now have multiple agentic commerce pilots in flight with leading AI platforms and some of the world's largest global retailers. We …