GPN · 8-K · 20260805PR000082
Acquisition / Partnership / Divestiture
GLOBAL PAYMENTS INC · 2026-08-05 · Importance 71 · Surprise 60 · From source text
Global Payments reported its first full quarter operating as a pure-play commerce solutions provider after the Worldpay acquisition and the divestiture of Issuer Solutions. Worldpay-related acquisition accounting contributed $757.6 million of acquired-intangible amortization to second-quarter cost of service and $157.4 million of acquisition, integration and separation expense to SG&A. Six-month cash flows included $1.421 billion for business combinations and other acquisitions and $7.362 billion of net cash proceeds from business sales. Issuer Solutions contributed $535.7 million of non-GAAP revenue in the prior-year quarter but no revenue in the second quarter of 2026.
Key facts
- Goodwill at June 30, 2026 was $26,984,810 (in thousands), up from $17,076,624 at December 31, 2025 source
- Other intangible assets, net at June 30, 2026 were $19,409,900 (in thousands), up from $4,231,227 at December 31, 2025 source
- Business combinations and other acquisitions, net of cash and restricted cash acquired for the six months ended June 30, 2026 were $(1,421,470) (in thousands) source
- Impairment of goodwill for three months ended June 30, 2025 was $33,218 (in thousands) source
- Gain on business disposition for the six months ended June 30, 2026 was $22,174 (in thousands) and eliminated in adjustments source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | — | Goodwill at June 30, 2026 was $26,984,810 (in thousands), up from $17,076,624 at December 31, 2025 |
| assets | positive | realized | — | Other intangible assets, net at June 30, 2026 were $19,409,900 (in thousands), up from $4,231,227 at December 31, 2025 |