Global Payments (GPN) Revenue — Quarter Ended Sep 30, 2023
Revenue increased in the current quarter compared with the prior quarter. Revenue also rose compared with the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased in the current quarter compared with the prior quarter. Revenue also rose compared with the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
+0.9%
Change from the immediately preceding quarter.
Year-over-year
+8.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $2.3B | +2.7% |
| Mar 31, 2023 | $2.3B | +6.3% |
| Jun 30, 2023 | $2.5B | +7.5% |
| Sep 30, 2023 | $2.5B | +8.3% |
Revenue performance
The reported revenue direction was upward, driven by growth in both Merchant Solutions and Issuer Solutions segments, while Consumer Solutions revenue was absent in the current period.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Compared with the same quarter one year earlier, revenue was also higher.
What to watch
The absence of Consumer Solutions revenue in the current quarter may warrant attention in future filings.