GPN · Earnings call · 2026Q2T · Full report

Middle East Conflict Impact

GLOBAL PAYMENTS INC · 2026-08-05 · Importance 45 · Surprise 50

Management said the Middle East conflict reduced travel-portfolio volumes and created an approximately 100-basis-point revenue headwind in the second quarter, with Enterprise affected by approximately 400 basis points. Capacity and forward bookings remained significantly below pre-conflict levels, while returning capacity skewed toward lower-yielding short-haul domestic routes. Global Payments assumes the conflict will continue affecting its travel portfolio through the remainder of 2026, with the potential headwind ranging up to approximately 100 basis points depending on developments.

Key facts

• Approximately 100 basis point headwind in Q2 from the impact of the Middle East conflict on the travel portfolio