For the year ending 2025-12-31, GPN had $6,380,439K increase in cash & cash equivalents over the period. $2,038,823K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 1,456,047 | 1,644,153 | 1,028,823 | 143,313 |
| Depreciation and amortization of property and equipment | 418,837 | 493,003 | 458,157 | 399,486 |
| Amortization of acquired intangibles | 996,540 | 1,369,328 | 1,318,535 | 1,262,969 |
| Amortization of capitalized contract costs | 127,730 | 138,051 | 123,405 | 109,701 |
| Share-based compensation expense | 153,647 | 164,244 | 208,994 | 163,261 |
| Provision for operating losses and credit losses | 78,773 | 81,018 | 97,103 | 116,879 |
| Noncash lease expense | 45,466 | 58,728 | 65,307 | 78,935 |
| Deferred income taxes | -82,040 | -346,228 | -499,974 | -315,495 |
| Paid-in-kind interest capitalized to principal of notes receivable | 59,356 | 74,139 | - | - |
| Equity in income of equity method investments, net of tax | 120,013 | 70,499 | 67,896 | 85,685 |
| Facilities exit charges | - | - | 5,994 | 30,437 |
| Distributions received on investments | 35,831 | 32,849 | 18,267 | 45,521 |
| Impairment of goodwill | 33,218 | 0 | 0 | 833,075 |
| Technology asset charge | 0 | 55,808 | - | - |
| Net (gain) loss on business dispositions | 155,527 | 273,134 | -136,744 | -199,094 |
| Other, net | -74,096 | -45,787 | -18,545 | -993 |
| Accounts receivable | 33,274 | 10,443 | 78,647 | 111,974 |
| Settlement processing assets and obligations, net | - | -338,341 | 345,898 | 313,333 |
| Prepaid expenses and other assets | 173,369 | 221,447 | 289,826 | 295,980 |
| Accounts payable and other liabilities | -140,014 | 107,263 | 51,108 | -17,157 |
| Net cash provided by operating activities | 2,656,592 | 3,532,683 | 2,248,741 | 2,244,040 |
| Business combinations and other acquisitions, net of cash and restricted cash acquired | 352,090 | 487,056 | 4,225,610 | 65,672 |
| Restricted cash from business combinations | - | - | - | 0 |
| Capital expenditures | 617,769 | 674,917 | 658,142 | 615,652 |
| Issuance of notes receivable | 0 | 0 | 50,000 | - |
| Payments received on notes receivable | 17,500 | 0 | 50,000 | - |
| Effect on cash from sale of business | - | - | - | 29,755 |
| Net cash from sales of businesses | 713,136 | 962,435 | 479,067 | - |
| Proceeds from sale of investments | - | - | - | 33,046 |
| Proceeds from sales of investments | 8,926 | 19,008 | 42,135 | - |
| Other, net | 0 | -6,639 | -1,438 | -2,496 |
| Net cash used in investing activities | -230,297 | -173,891 | -4,361,112 | -675,537 |
| Changes in funds held for customers | -50,983 | - | - | - |
| Changes in settlement processing assets and obligations, net | 432,122 | - | - | - |
| Net (repayments) borrowings from settlement lines of credit | -201,874 | -442,713 | 220,682 | 285,644 |
| Net (repayments) borrowings from commercial paper notes | 0 | -1,367,859 | 1,367,859 | - |
| Proceeds from long-term debt | 12,300,948 | 9,635,049 | 10,336,850 | 9,812,289 |
| Repayments of long-term debt | 7,207,564 | 8,334,846 | 9,099,938 | 7,895,131 |
| Payments of debt issuance costs | 88,110 | 33,056 | 12,735 | 48,635 |
| Repurchases of common stock | 1,191,020 | 1,551,950 | 418,272 | 2,921,307 |
| Proceeds from stock issued under share-based compensation plans | 30,773 | 43,009 | 60,345 | 44,127 |
| Common stock repurchased - share-based compensation plans | 39,635 | 56,229 | 41,225 | 38,601 |
| Purchase of subsidiary shares from noncontrolling interest | 0 | 108,770 | - | - |
| Distributions to noncontrolling interests | 58,459 | 38,086 | 32,997 | 23,031 |
| Contributions from noncontrolling interests | 44,841 | 4,044 | 26,205 | 0 |
| Payment of deferred and contingent consideration in business combination | 0 | 6,390 | 5,222 | 15,726 |
| Purchase of capped calls related to issuance of convertible notes | 0 | 256,250 | 0 | 302,375 |
| Dividends paid | 238,521 | 252,811 | 260,431 | 273,955 |
| Purchase of subsidiary shares from noncontrolling interest | - | - | - | 0 |
| Net cash provided by (used in) financing activities | 3,732,518 | -2,766,858 | 2,141,121 | -1,376,701 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 221,626 | -112,834 | 12,519 | -99,219 |
| Increase in cash, cash equivalents and restricted cash | 6,380,439 | 479,100 | 41,269 | 92,583 |
| Cash, cash equivalents and restricted cash, beginning of the period | 2,735,975 | 2,256,875 | 2,215,606 | 2,123,023 |
| Cash, cash equivalents and restricted cash, end of the period | 9,116,414 | 2,735,975 | 2,256,875 | 2,215,606 |
GLOBAL PAYMENTS INC (GPN)
GLOBAL PAYMENTS INC (GPN)