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Global Payments Inc. (GPN)
NYSE:GPN
US Market
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Global Payments (GPN) Operating Margin by Segment

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Operating Margin by Segment

Indicates the efficiency of each segment in turning revenue into profit, helping assess operational effectiveness and potential areas for cost optimization.
Merchant and Issuer margins surge in 2024–25 then abruptly collapse or zero out in 2026 Q1, while Consumer margins have been zeroed since late‑2023—a pattern consistent with resegmentation, the Worldpay integration, issuer disposition and one‑time accounting adjustments rather than pure operating improvement. Management still reported company‑level margin expansion (Q1 adjusted operating margin 39.9%) and is targeting further normalized expansion, but segment-level figures look volatile and transitional; wait for the new reportable segments and 2027–28 synergy delivery before extrapolating sustainable margin gains.
Date
Merchant Solutions
Issuer Solutions
Consumer Solutions
Enterprise
Platforms
SMB
Jun 30, 2026
29.5029.5038.10
Mar 31, 2026
0.00
22.4029.4036.70
Dec 31, 2025
49.2248.07
Sep 30, 2025
50.7547.86
Jun 30, 2025
49.7849.56
Mar 31, 2025
47.5147.24
Dec 31, 2024
48.0447.84
Sep 30, 2024
49.6646.37
Jun 30, 2024
48.5147.84
Mar 31, 2024
46.6447.83