Filing Flows › Global Payments (GPN) › Q3 2025
Global Payments (GPN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Global Payments (GPN) reported revenue of $2.0B for the third quarter 2025 (Q3 2025), +1% from a year earlier and +3% from the quarter before. Operating margin was 38.3%, net earnings $635M (31.5% of revenue).
Global Payments, Q3 2025: revenue $2.0B (+1% year over year), operating margin 38.3%, net earnings $635M, operating cash flow $769M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | +3% | +1% |
| Operating profit | $774M | +81% | +75% |
| Net earnings | $635M | +163% | +102% |
| Operating cash flow | $769M | -6% | -8% |
| Free cash flow | $599M | -10% | -11% |
What changed
Revenue was $2.0B in Q3 2025, up 1% year over year and up 3% from the previous quarter.
Operating profit was $0.77B, a 38.3% margin (up 16.2 points year over year). Of the extra revenue versus a year earlier, 1516% reached operating profit, above the 22% margin then. Total costs fell 20% while revenue rose 1%. Net earnings were $0.64B, up 102% year over year. The effective tax rate was 23.2%.
Operating cash flow was $0.77B (down 8% year over year), 116% of net income including minority interests. Non-cash charges added back $0.30B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.23B. Capital expenditures of $0.17B left free cash flow of $0.60B.
Questions
What was Global Payments' revenue in the third quarter 2025?
Global Payments (GPN) reported revenue of $2.0B for the third quarter 2025 (Q3 2025), +1% from a year earlier and +3% from the quarter before.
Was Global Payments profitable in the third quarter 2025?
Operating profit was $774M (38.3% of revenue) and net earnings $635M.
Source: Global Payments 10-Q on SEC EDGAR.