环汇 2025年季度报告

☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period endedSeptember30, 2025OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromto Commission file number:001-16111 Registrant’s telephone number, including area code: (770)829-8000 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subjectto such filing requirements for the past 90days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and"emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filer☑Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). The number of shares of the issuer’s common stock, no par value, outstanding as of October30, 2025 was236,743,716. GLOBAL PAYMENTS INC.FORM 10-QFor the quarterly period ended September30, 2025 TABLE OF CONTENTS PART I - FINANCIAL INFORMATION ITEM 1.Unaudited Consolidated Statements of Income for the three andninemonths endedSeptember30, 2025and 2024Unaudited Consolidated Statements of Comprehensive Income for the three andnine months endedSeptember30, 2025 and 2024Unaudited Consolidated Balance Sheets at September 30, 2025 and December 31, 2024Unaudited Consolidated Statements of Cash Flows for theninemonths endedSeptember30, 2025 and2024Unaudited Consolidated Statements of Changes in Equity for the three andninemonths endedSeptember30, 2025 and 2024Notes to Unaudited Consolidated Financial StatementsNote 1 - Basis of Presentation and Summary of Significant Accounting PoliciesNote 2 - Business Dispositions and Discontinued OperationsNote 3 - RevenuesNote 4 - Goodwill and Other Intangible AssetsNote 5 - Long-term Debt and Lines of CreditNote 6 - Derivatives and Hedging InstrumentsNote 7 - Income TaxNote 8 - Redeemable Noncontrolling InterestsNote 9 - Shareholders' EquityNote 10 - Share-based Awards and Stock OptionsNote 11 - Earnings per ShareNote 12 - Supplemental Balance Sheet InformationNote 13 - Accumulated Other Comprehensive LossNote 14 - Segment InformationNote 15 - Commitments and ContingenciesITEM 2.Management's Discussion and Analysis of Financial Condition and Results of OperationsITEM 3.Quantitative and Qualitative Disclosures About Market RiskITEM 4.Controls and ProceduresPART II - OTHER INFORMATIONITEM 1.Legal ProceedingsITEM 1A.Risk FactorsITEM 2.Unregistered Sales of Equity Securities and Use of ProceedsITEM 3.Defaults Upon Senior SecuritiesITEM 4.Mine Safety DisclosuresITEM 5.Other InformationITEM 6.ExhibitsSignatures PART I—FINANCIAL INFORMATION GLOBAL PAYMENTS INC.UNAUDITED CONSOLIDATED STATEMENTS OF INCOME(in thousands, except per share data) GLOBAL PAYMENTS INC.UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(in thousands) September 30, 2025December 31, 2024 GLOBAL PAYMENTS INC.UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands) NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS NOTE 1—BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Business, consolidation and presentation-We are a leading payments technology company delivering innovative software andservices to our customers globally.Our technologies, services and team member expertise allow us to provide a broad range ofsolutions that enable our customers to operate their businesses more efficiently across a variety of channels around the world. GlobalPayments Inc. and its consolidated subsidiaries are referred to herein collectively as "Global Payments," the "Company," "we," "our"or "us," unless the context requires otherwise. On April 17, 2025, we entered into definitive agreements to acquire100% of Worldpay Holdco, LLC (“Worldpay”) from FidelityNational Information Services, Inc. (“FIS”) and affiliates of GTCR LLC (“GTCR”) and divest our Issuer Solutions bu