Global Payments (GPN) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to the immediately preceding quarter but declined from the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared to the immediately preceding quarter but declined from the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
+1.4%
Change from the immediately preceding quarter.
Year-over-year
-19.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.5B
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, 2023 | $159.2M | -92.9% |
| Mar 31, 2024 | $2.4B | +5.6% |
| Jun 30, 2024 | $2B | -19.6% |
| Sep 30, 2024 | $2B | -19.3% |
Revenue performance
The reported revenue direction is mixed, with a sequential increase but a year-over-year decrease.
Quarterly comparison
Compared to the prior quarter, revenue rose modestly. However, when compared to the same quarter last year, revenue was significantly lower.
What to watch
Monitor whether the sequential revenue growth can be sustained against the ongoing year-over-year decline.