Worldpay generated $5,475.6 million of revenue in the year ended December 31, 2025, according to the audited accounts of its holding company, Worldpay Holdco, LLC. The same statements show operating income of $233.2 million and a net loss of $495.6 million after $581.4 million of net interest expense. Those audited accounts anchor the Worldpay statistics below.
Global Payments Inc. (NYSE: GPN) completed its acquisition of Worldpay from FIS and GTCR in January 2026. The deal carried a total value of $24.25 billion. Worldpay no longer reports on its own, so the figures below combine its final standalone filings, FIS segment data from earlier years, and what Global Payments now discloses. Payment-method data comes from the 11th annual Global Payments Report, produced by Worldpay, now Global Payments.
Key Takeaways
- According to Worldpay Holdco’s audited accounts, Worldpay’s 2025 revenue of $5,475.6 million compares with $4,732.2 million for the eleven months to December 31, 2024 and $399.0 million for January 2024.
- Operating income equaled a margin of about 4.3% of 2025 revenue, while net interest expense reached $581.4 million.
- Per the Worldpay Holdco revenue note, North America supplied about 68.2% of Worldpay’s 2025 revenue.
- Per FIS and Global Payments deal releases, the 2025 deal value sat about 31.1% above the $18.5 billion valuation set in the 2023 GTCR transaction.
- According to Global Payments’ second quarter 2026 results, Enterprise segment revenue rose 462.5% year over year in the second quarter of 2026, the clearest trace of Worldpay inside the new parent.
- Direct crypto payments account for only 0.19% of global e-commerce value in Worldpay’s Global Payments Report data.
Editor’s Choice
- Worldpay revenue, 2025: $5,475.6 million.
- Global Payments deal value: $24.25 billion, or a net purchase price of $22.7 billion.
- Combined payment volume: $3.7 trillion a year.
- Combined transactions: Approximately 94 billion a year.
- GTCR deal valuation, 2023: $18.5 billion.
- Global Payments Report sample: 63,000 consumers across 42 markets.
Worldpay Statistics on Revenue and Profit
- Revenue reached $5,475.6 million in 2025, with cost of revenue at $2,789.0 million.
- Selling, general and administrative expenses totaled $2,453.4 million in 2025, against $2,261.7 million for the eleven months ended December 31, 2024.
- Operating income was $233.2 million in 2025 and $160.3 million in the eleven-month 2024 period.
- After net interest expense of $581.4 million and other expense of $85.9 million, Worldpay posted a 2025 loss before income taxes of $434.1 million.
- Adding the one-month and eleven-month 2024 periods gives $5,131.2 million, so 2025 revenue grew about 6.7%.
- Interest expense ran about 2.5 times operating income in 2025.
| Line item ($ millions) | Year to Dec 31, 2025 | Feb 1 to Dec 31, 2024 | Jan 2024 |
|---|---|---|---|
| Revenue | 5,475.6 | 4,732.2 | 399.0 |
| Cost of revenue | 2,789.0 | 2,310.2 | 197.0 |
| Selling, general and administrative | 2,453.4 | 2,261.7 | 162.0 |
| Operating income | 233.2 | 160.3 | 40.0 |
| Net (loss) income | (495.6) | (439.7) | 29.0 |
Source: Worldpay Holdco, LLC audited financial statements, 2025
About This Data
Figures are compiled from 29 sources. Of these, 21 are company filings, audited accounts, and press releases from Worldpay, FIS, and Global Payments; 7 are company research pages and wire releases; 1 is a trade reprint of a Worldpay release. They span July 2019 to September 2026. Only company disclosures and Worldpay’s own research qualified; CoinLaw estimated no figure, and values marked ‘about’ are calculated from the cited filings.
Worldpay Revenue Under FIS
- FIS reported Merchant Solutions revenue of $4,496 million in 2021, up from $3,767 million in 2020, a growth of 19%.
- Merchant Solutions revenue rose to $4,773 million in 2022, up 6%.
- FIS recorded a non-cash goodwill impairment charge of $17.6 billion related to the Merchant Solutions reporting unit in the fourth quarter of 2022.
- Merchant Solutions revenue grew about 26.7% from 2020 to 2022, the rise traced in the chart below.
- These segment figures cover the merchant business FIS ran after buying Worldpay in 2019, so they are not directly comparable with the Worldpay Holdco accounts above.
View the data
| Year | Value |
|---|---|
| 2020 | 3,767 |
| 2021 | 4,496 |
| 2022 | 4,773 |
Recent Developments
- August 5, 2026: Global Payments reported second quarter 2026 GAAP revenue of $3.32 billion and adjusted net revenue of $3.16 billion. Chief executive Cameron Bready said he was particularly pleased with the progress made on the integration of Worldpay.
- August 5, 2026: Global Payments said it now expects normalized, constant currency adjusted net revenue growth of approximately 4% to 5% and adjusted earnings per share of $13.60 to $13.80 for 2026.
- August 5, 2026: Global Payments said it had returned $1.2 billion to shareholders year-to-date, exceeding 50% of its more than $2 billion plan for 2026.
- August 24, 2026: Global Payments announced Genius World, an event held August 24-27, 2026, in Las Vegas.
- September 23, 2026: Global Payments research found consumers expect AI-powered agents to make 15% of their purchases within five years, up from 9% a year ago.
Worldpay Payment Volume and Transactions
- Worldpay’s global volume under FIS reached $2,200 billion in 2022, up from $2,104 billion in 2021.
- US volume rose to $1,659 billion in 2022 from $1,564 billion.
- Transactions totaled 49 billion in 2022, up from 47 billion.
- The US accounted for about 75.4% of 2022 global volume, measured against the $2,200 billion global bar in the chart below.
- FIS described Worldpay as one of the largest global merchant acquirers by transactions, with $2 trillion in payments volume in 2022.
- The filings cited here give no Worldpay market share figure, so volume and transaction counts are the closest public proxy.
View the data
| Volume measure | 2021 ($ billions) | 2022 ($ billions) |
|---|---|---|
| Global volume | 2104 | 2200 |
| US volume | 1564 | 1659 |
Worldpay Revenue by Region and Type
- North America generated $3,732.9 million of Worldpay revenue in 2025, and all other markets generated $1,742.7 million.
- In the eleven months to December 31, 2024, North America contributed $3,296.2 million and other markets $1,436.0 million.
- Transaction processing brought in $5,251.0 million, about 95.9% of 2025 revenue, the dominant bar below.
- Total recurring revenue was $5,450.4 million in 2025.
- Recurring revenue therefore covered about 99.5% of the total.
View the data
| Revenue type | Value |
|---|---|
| Transaction processing | 5,251.0 |
| Other recurring | 199.4 |
| Other non-recurring fees | 25.2 |
Worldpay Assets, Goodwill and Debt
- Worldpay held total assets of $24,386.3 million on December 31, 2025, against $23,959.9 million a year earlier.
- Goodwill stood at $6,292.4 million and intangible assets at $6,960.8 million at the end of 2025.
- Goodwill and intangibles together made up about 54.3% of total assets.
- Long-term debt was $8,369.9 million at the end of 2025, and total liabilities were $16,062.4 million.
- Cash and cash equivalents fell to $2,304.6 million from $2,578.6 million.
View the data
| Balance sheet item | Dec 31, 2024 ($ millions) | Dec 31, 2025 ($ millions) |
|---|---|---|
| Total assets | 23959.9 | 24386.3 |
| Goodwill | 6006.4 | 6292.4 |
| Intangible assets, net | 7930.7 | 6960.8 |
| Long-term debt | 8240.8 | 8369.9 |
| Cash and cash equivalents | 2578.6 | 2304.6 |
Why it matters: Worldpay entered 2026 with $8,369.9 million of long-term debt and $24,386.3 million in total assets. That leverage is part of what Global Payments took on, which is why its January 2026 completion release paired the deal with a target to cut adjusted net leverage within two years.
Worldpay Cash Flow and Investment
- Operating activities generated $893.5 million of cash in 2025 and $1,017.6 million in the eleven-month 2024 period.
- Additions to software reached $529.6 million in 2025, up from $375.1 million.
- Worldpay bought Ravelin Technology Ltd on February 21, 2025, for cash consideration of $151.6 million to enhance its fraud detection capabilities.
- Cash flow statements also record $1,415.8 million of net cash acquired in the RealNet acquisition during 2025.
| Cash flow item ($ millions) | Year to Dec 31, 2025 | Feb 1 to Dec 31, 2024 |
|---|---|---|
| Net cash from operating activities | 893.5 | 1,017.6 |
| Additions to software | 529.6 | 375.1 |
| Additions to property and equipment | 70.7 | 36.2 |
Source: Worldpay Holdco, LLC audited financial statements, 2025
Worldpay Ownership and Valuation History
- FIS closed its acquisition of Worldpay, Inc. on July 31, 2019, creating a combined company with more than 55,000 employees.
- On July 6, 2023, FIS agreed to sell a majority stake to GTCR in a deal valuing Worldpay at $18.5 billion, with upfront net proceeds of approximately $11.7 billion.
- FIS sold 55% of Worldpay Holdco to GTCR on January 31, 2024, keeping a 45% interest.
- GTCR signed the agreement for Global Payments to acquire Worldpay in April 2025.
- GTCR closed the sale on January 12, 2026, and will own shares representing approximately 15% of Global Payments’ equity capitalization.
View the data
| Year | Value |
|---|---|
| 2019 | FIS closes its acquisition of Worldpay |
| 2023 | FIS agrees to sell a majority stake to GTCR |
| 2024 | GTCR acquires 55% of Worldpay Holdco |
| 2025 | Global Payments agrees to acquire Worldpay |
| 2026 | Global Payments completes the acquisition |
Who bought out Worldpay?
Global Payments bought Worldpay from FIS and GTCR and divested its Issuer Solutions business to FIS. FIS completed the sale of its remaining 45% minority position in Worldpay on January 12, 2026, and GTCR received cash and Global Payments stock.
Why did FIS sell Worldpay?
FIS chief executive Stephanie Ferris said the 2023 deal allowed FIS to partially monetize its Merchant Solutions business at an attractive valuation. “This transaction allows FIS to partially monetize our Merchant Solutions business at an attractive valuation and provides certainty for all stakeholders,” Ferris said when the GTCR deal was announced.
Global Payments Worldpay Deal Terms
- Global Payments agreed to acquire Worldpay for a net purchase price of $22.7 billion, or total value of $24.25 billion including $1.55 billion of anticipated tax assets.
- FIS bought the Issuer Solutions business for an enterprise value of $13.5 billion.
- The companies projected pro forma 2025 adjusted net revenue of approximately $12.5 billion and adjusted EBITDA of approximately $6.5 billion, inclusive of run-rate expense synergies.
| Deal term | Value |
|---|---|
| Total value ($ billions) | 24.25 |
| Net purchase price ($ billions) | 22.7 |
| Anticipated tax assets ($ billions) | 1.55 |
| Adjusted EBITDA multiple, net (x) | 8.5 |
| Run-rate cost synergies ($ millions) | approximately 600 |
| Run-rate revenue synergies, at least ($ millions) | 200 |
Source: Global Payments announcement of agreements to acquire Worldpay, April 2025
Global Payments Segment Revenue After Worldpay
- Enterprise segment GAAP revenue was about $838.3 million in the second quarter of 2026, against about $149.0 million a year earlier.
- Platforms GAAP revenue rose 126.8%, and SMB GAAP revenue rose 23.7%, reaching about $652.8 million and about $1.649 billion, respectively.
- SMB supplied about 49.7% of second-quarter GAAP revenue, the tallest bar below.
- On a normalized basis, which includes the pre-acquisition results of Worldpay, adjusted net revenue increased approximately 4%.
- Adjusted operating margin expanded 70 basis points on a normalized basis to 42.0%.
View the data
| Segment | Q2 2025 GAAP revenue ($ millions) | Q2 2026 GAAP revenue ($ millions) |
|---|---|---|
| Enterprise | 149.022 | 838.301 |
| Platforms | 287.774 | 652.768 |
| SMB | 1333.42 | 1648.95 |
Key finding: Global Payments’ second quarter 2026 adjusted net revenues increased approximately 34% to $3.16 billion. Most of that jump reflects Worldpay joining the group; the normalized figure, which adds Worldpay’s pre-deal results to the comparison base, shows the underlying growth closer to 4%.
Worldpay and Global Payments Combined Scale
- The combined company serves more than 6 million merchant locations.
- Global Payments goes to market through three channels: Enterprise, SMB, and Integrated and Platforms, investing over $1 billion annually in innovation.
- Global Payments expects to reduce adjusted net leverage to 3.0x within 18 to 24 months.
| Combined scale metric | Value |
|---|---|
| Merchant locations | more than 6 million |
| Payment volume per year | $3.7 trillion |
| Transactions per year | approximately 94 billion |
| Countries served | more than 175 |
| Annual innovation investment | over $1 billion |
Source: Global Payments completion release, January 2026
Is Worldpay a big company?
Yes. Worldpay reported revenue of $5,475.6 million in 2025, and FIS called it one of the largest global merchant acquirers by transactions. The filings cited here give no separate Worldpay headcount; our Worldpay employee count analysis tracks the workforce disclosures that remain.
Digital Wallet Share in the Worldpay Global Payments Report
- Digital wallets accounted for 56% of online and 33% of in-person spending globally in 2025, the split behind our digital wallets vs bank accounts comparison.
- In Asia-Pacific, digital wallets accounted for 77% of online spend and 63% of in-person spend in 2025.
- India’s wallet shares reached 68% of e-commerce and 61% of POS spend, alongside UPI payment statistics that show how bank rails feed those wallets.
- Thailand’s PromptPay drove 44% of online spend and 43% of in-person spend in 2025.
- US digital wallets held 40% of online transaction value and 17% of in-store value, the lowest pair in the chart below.
View the data
| Market | Online share (%) | In-store share (%) |
|---|---|---|
| Global | 56% | 33% |
| Asia-Pacific | 77% | 63% |
| India | 68% | 61% |
| United States | 40% | 17% |
By the numbers: Payment apps accounted for 89% of POS transaction value in China, compared to a global average of 37%. Worldpay expects payment apps to account for 46% of global POS value by 2030, reaching $15.6 trillion. In-store is where payment apps have most ground to gain: they are forecast to rise from 37% to 46% of global POS value by 2030.
US Payment Methods in Worldpay Data
- Credit cards accounted for 32% of US online transaction value and 40% at the point of sale.
- Debit cards accounted for 16% of US e-commerce and 28% of in-store spending.
- Wallet adoption at the US point of sale is growing at nearly three times the rate of overall POS growth, a shift also visible in point-of-sale payment statistics.
- Credit cards’ 40% in-store share is the tallest in-store bar in the chart below, level with digital wallets’ 40% online share, and Visa network statistics show the card rails behind that checkout volume.
View the data
| Payment method | Online share (%) | In-store share (%) |
|---|---|---|
| Digital wallets | 40% | 17% |
| Credit cards | 32% | 40% |
| Debit cards | 16% | 28% |
Crypto, BNPL and Payment App Forecasts
- Direct crypto acceptance is forecast to increase from approximately $15 billion in 2025 to $31 billion by 2030.
- Crypto is still expected to account for less than 1% of global e-commerce value by the end of the decade.
- BNPL reached an estimated $300 billion in transaction value and is forecast to hit $500 billion in global e-commerce value by 2030, figures that sit alongside our buy now, pay later market data.
- The report sees stablecoins showing the clearest potential for cross-border use cases.
- For crypto readers, the 0.19% share matters more than the dollar forecast: crypto-to-card services settle on card rails, so the payment shows up as a card transaction. Surveys of merchant crypto payment adoption measure acceptance, which is a separate question from usage.
| Payment method | Latest value | 2030 forecast |
|---|---|---|
| Direct crypto acceptance ($ billions) | approximately 15 | 31 |
| BNPL e-commerce value ($ billions) | 300 | 500 |
| Payment apps share of global POS value (%) | 37 | 46 |
Source: Worldpay Global Payments Report 2026
Worth noting: Direct crypto payments remain niche at 0.19% of global e-commerce value, but crypto-to-card services are widening real-world usage well beyond the headline figure. Readers tracking crypto adoption by country will find that holding and paying are separate curves.
Who is the CEO of Worldpay?
Cameron Bready is the chief executive officer of Global Payments, which has owned Worldpay since the January 2026 close. Charles Drucker was chief executive officer at Worldpay when the Global Payments deal was announced, and GTCR agreed in July 2023 to take its majority stake, which closed on January 31, 2024, in partnership with CEO Charles Drucker.
Where is Worldpay headquartered?
Global Payments, Worldpay’s parent, is headquartered in Atlanta, Georgia, and is a Fortune 500 company and a member of the S&P 500. Worldpay now operates as part of that Atlanta-based group, and its newsroom and research carry the “Worldpay, now Global Payments” label.
Conclusion
Worldpay closed its standalone life with $5,475.6 million of revenue in 2025, and Global Payments agreed to a total value of $24.25 billion to own it outright. The audited accounts show a large, recurring-revenue franchise carrying acquisition debt, and its 2023 and 2025 sales were priced on adjusted EBITDA multiples (9.8x and 8.5x) rather than on its net loss.
Global Payments remains on track to return approximately $7.5 billion to shareholders over the 2025 to 2027 period, and the expected cost and revenue synergies run over three years post-closing. Those two targets, plus whether the Enterprise segment keeps growing once the Worldpay comparison base lapses, are the figures to watch in the next filings.
