GLOBAL PAYMENTS INC (GPN) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that GLOBAL PAYMENTS INC surfaced in its latest filing.

• Worldpay Acquisition and integration, including risks related to integration, retention of key management, renewal of client contracts, potential unknown liabilities, and diversion of management attention.
• Issuer Solutions divestiture, including managing separation concurrently with integrating Worldpay.
• Allowance for credit losses increased from $24.0 million as of December 31, 2024 to $50.2 million as of December 31, 2025, a 109% increase.December 31, 2025
• Enactment of the One Big Beautiful Bill Act (OBBBA) on July 4, 2025, including permanent extension of certain Tax Cuts and Jobs Act provisions and modifications to international tax framework.July 4, 2025
• OECD Pillar Two Global Anti-Base Erosion Model Rules adopted by various foreign jurisdictions, establishing a 15% minimum effective tax rate, with additional guidance released on January 5, 2026.January 5, 2026
• Dodd-Frank Act implications: potential supervision by Federal Reserve if deemed systemically important, restrictions on debit card fees, creation of CFPB, and prohibitions against unfair/deceptive practices.
• Goodwill and intangible assets, net of amortization, accounted for approximately 40% of total assets as of December 31, 2025.December 31, 2025