Filing Flows › Global Payments (GPN) › Q1 2025
Global Payments (GPN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Global Payments (GPN) reported revenue of $2.4B for the first quarter 2025 (Q1 2025), -0.3% from a year earlier and -4% from the quarter before. Operating margin was 19.5%, net earnings $306M (12.7% of revenue).
Global Payments, Q1 2025: revenue $2.4B (-0.3% year over year), operating margin 19.5%, net earnings $306M, operating cash flow $555M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | -4% | -0.3% |
| Operating profit | $471M | -43% | +4% |
| Net earnings | $306M | -46% | -2% |
| Operating cash flow | $555M | -15% | +5% |
| Free cash flow | $428M | -9% | +11% |
What changed
Revenue was $2.4B in Q1 2025, roughly flat year over year and down 4% from the previous quarter.
Operating profit was $0.47B, a 19.5% margin (up 0.8 points year over year). Total costs fell 1% while revenue was flat. Net earnings were $0.31B, down 2% year over year. The effective tax rate was 15.8%.
Operating cash flow was $0.56B (up 5% year over year), 177% of net income including minority interests. Non-cash charges added back $0.45B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.25B. Capital expenditures of $0.13B left free cash flow of $0.43B.
Questions
What was Global Payments' revenue in the first quarter 2025?
Global Payments (GPN) reported revenue of $2.4B for the first quarter 2025 (Q1 2025), -0.3% from a year earlier and -4% from the quarter before.
Was Global Payments profitable in the first quarter 2025?
Operating profit was $471M (19.5% of revenue) and net earnings $306M.
Source: Global Payments 10-Q on SEC EDGAR.