Filing Flows › Global Payments (GPN) › Q2 2026 › vs Q1 2026
Global Payments (GPN) Q2 2026 vs Q1 2026 (quarter over quarter)
Global Payments's revenue rose $351M (+12%) from $3.0B in Q1 2026 to $3.3B in Q2 2026. Operating margin 10.2% against -0.5% (+10.7 pts).
Global Payments, Q2 2026: revenue $3.3B (+69% year over year), operating margin 10.2%, net earnings $13.0M, operating cash flow $663M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 10.2% | -0.5% | +10.7 pts |
| Net margin | 0.4% | -60.6% | +61.0 pts |
| Free cash flow margin | 12.9% | -18.5% | +31.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $3.3B | $3.0B | $351M | +12% |
| Operating profit | $337M | −$15.6M | $353M | — |
| Costs & expenses | $3.0B | $3.0B | −$1.7M | -0.1% |
| Pre-tax earnings | $24.0M | −$1.8B | $1.8B | — |
| Other expense, net | $313M | $1.8B | −$1.5B | -82% |
| Cost of revenue | $1.3B | $1.3B | $20.3M | +2% |
| SG&A | $1.7B | $1.7B | −$21.9M | -1% |
| Income tax benefit | $4.9M | $11.8M | −$6.9M | -58% |
| Net earnings | $13.0M | −$1.8B | $1.8B | — |
| Minority interests | $16.0M | $20.8M | −$4.9M | -23% |
| Operating cash sources | $933M | −$914M | $1.8B | — |
| Depreciation & amortization | $884M | $865M | $19.3M | +2% |
| Share-based compensation | $35.7M | $21.5M | $14.2M | +66% |
| Working capital & other | $270M | −$625M | $895M | — |
| Operating cash flow | $663M | −$289M | $951M | — |
| Free cash flow (OCF − capex) | $427M | −$550M | $977M | — |
| Capital expenditures | $236M | $261M | −$25.7M | -10% |
Questions
How much did Global Payments's revenue grow quarter over quarter in Q2 2026?
Global Payments's revenue rose $351M (+12%) from $3.0B in Q1 2026 to $3.3B in Q2 2026. Operating margin 10.2% against -0.5% (+10.7 pts).