Global Payments (GPN) Revenue — Quarter Ended Dec 31, 2024
Revenue in the current quarter fell from the preceding quarter, yet it surged compared to the same period a year ago. The trailing twelve-month revenue figure was notably large.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue in the current quarter fell from the preceding quarter, yet it surged compared to the same period a year ago. The trailing twelve-month revenue figure was notably large.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
-3.2%
Change from the immediately preceding quarter.
Year-over-year
+1114.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.3B
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 |
|---|---|---|
| Mar 31, 2024 | $2.4B | +5.6% |
| Jun 30, 2024 | $2B | -19.6% |
| Sep 30, 2024 | $2B | -19.3% |
| Dec 31, 2024 | $1.9B | +1114.5% |
Revenue performance
The sequential decline was modest, while the year-over-year gain was extraordinary. This resulted in a significant contrast between the two comparisons.
Quarterly comparison
When set against the prior quarter, revenue was lower, but against the year-ago quarter, it was much higher. The magnitude of the annual increase far outweighed the sequential decrease.
What to watch
The extreme year-over-year jump merits close examination of the circumstances behind that growth.