Global Payments Q3 2026: Worldpay Synergy Target Raised to $650 Million

Global Payments reported adjusted EPS of $3.58 for the third quarter of 2026, meeting expectations, with revenue of $3.31 billion also beating estimates. The Worldpay acquisition, completed earlier in the year, reshaped the company's revenue base so substantially that reported revenue surged roughly 65% year over year.

Strip out the acquisition and portfolio divestitures, and the underlying business grew normalized adjusted net revenue just over 4%, a sequential acceleration that management described as consistent with its plan. The SMB segment contributed the bulk of revenue, while the Enterprise and newer Platforms segments exist largely because of the Worldpay deal.

CEO Cameron Bready raised the annual run-rate Worldpay expense synergy target to $650 million. That figure underpins the full-year 2026 adjusted EPS guidance of $13.60 to $13.80, which the company reaffirmed alongside a normalized, constant-currency adjusted net revenue growth outlook of roughly 4% to 5%.

On the GAAP side, the acquisition left visible marks: amortization of acquired intangibles, acquisition and integration expenses, and higher interest expense all weighed on reported results. Net income and operating income both declined sharply on a reported basis as a result.

The company also noted it has returned more than $1.4 billion in capital to shareholders year-to-date, and the board approved a quarterly dividend of $0.25 per share payable December 24 to holders of record December 10. A reported private-equity takeover interest in the company has added a separate layer of attention to the stock heading into year-end, though the quarterly results themselves were squarely in line with what management had guided investors to expect.