Global Payments (GPN) Tax Rate (2009 - 2025)
Global Payments (GPN) reported Tax Rate of -4.72% for Q2 2026, down 19.52 percentage points from 14.79% a year earlier and down 10.00 percentage points from the prior quarter.
Global Payments (GPN) Tax Rate (2009 - 2025) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Global Payments' Tax Rate came in at 12.79%, down 4.59 percentage points year-over-year; for FY2025, it was 19.96%, up 4.18 percentage points from FY2024.
- Tax Rate has a five-year change of +6.97 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 15.78% in FY2024 (-8.08 pp), 23.86% in FY2023 (-50.45 pp), 74.31% in FY2022 (+58.13 pp) and 16.18% in FY2021 (+3.19 pp).
- Five-year quarterly Tax Rate spans a low of -463.53% in Q4 2025 and a high of 64.94% in Q4 2023.
- Year over year, Tax Rate has now declined in each of the last three quarters, with an average year-over-year change of -66.93 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q4 2023 (a gain of 48.82 percentage points); the low point was Q4 2025 (a drop of 482.51 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.27% (Q1 2026), -463.53% (Q4 2025) and 30.40% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - | - |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - | 15.73% |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 71.11% |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - | 26.96% |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn | 20.13% |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn | 30.70% |
| 10 | Hut 8 | 11.44 Bn | 11.28 Bn | 48.04 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 30.40% |
| Jun 30, 2025 | 14.79% |
| Mar 31, 2025 | 16.74% |
| Dec 31, 2024 | 18.99% |
| Sep 30, 2024 | 17.21% |
| Jun 30, 2024 | 17.90% |
| Mar 31, 2024 | 5.94% |
| Sep 30, 2023 | 14.11% |
| Jun 30, 2023 | 39.20% |
| Dec 31, 2022 | 16.12% |
| Sep 30, 2022 | 5.25% |
| Mar 31, 2022 | 18.36% |
| Dec 31, 2021 | 15.83% |
| Sep 30, 2021 | 15.46% |
| Jun 30, 2021 | 21.15% |
| Mar 31, 2021 | 10.53% |
| Dec 31, 2020 | 10.26% |
| Sep 30, 2020 | 18.04% |
| Jun 30, 2020 | 3.04% |
| Mar 31, 2020 | 10.08% |
Global Payments Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GPN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GPN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GPN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();