On Wednesday, August 5, 2026, payment technology company Global Payments announced a reduction in its annual net revenue and profit forecasts. The revision comes amid economic uncertainty linked to the ongoing conflict in the Middle East, which has disrupted global travel and reduced travel-related spending and cross-border transactions.

Shares of Global Payments, which had gained 14% so far this year, dropped approximately 2.7% in premarket trading following the announcement.

The company, which provides technology, software, and services enabling customers to accept card, check, and digital payments, now expects normalized constant currency adjusted net revenue growth of about 4% to 5% for the full year 2026. Adjusted earnings per share are forecasted between $13.60 and $13.80, down from the previous guidance of approximately 5% revenue growth and adjusted profit between $13.80 and $14 per share.

Despite the lowered annual outlook, Global Payments reported a rise in quarterly net profit attributable to the company. For the three months ended June 30, 2026, adjusted net profit increased to $934.31 million, or $3.46 per share, compared with $754.19 million, or $3.10 per share, a year earlier.

The company highlighted that consumer spending levels have a direct impact on the earnings of payment technology firms, and the Middle East conflict's effect on travel is a significant factor in the revised forecasts.

Sources