v3.26.1
Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue The table below presents the Company’s revenue disaggregated by business line and includes a reconciliation with its reportable segments. The Company serves its global client base by working among its geographic teams across various regions, including the U.S. and Canada; Europe, Middle East and Africa (“EMEA”); Latin
America (“LATAM”); and Asia Pacific (“APAC”). The majority of the Company’s revenue is earned in the U.S., with revenue generated within its EMEA, LATAM and APAC regions comprising approximately 16% of total revenue for both the three and six months ended June 30, 2026 and approximately 16% and 15% of total revenue for the three and six months ended June 30, 2025, respectively.
(In millions)
Three Months Ended June 30,Six Months Ended June 30,
Revenue by Business Line
2026202520262025
Small Business$1,760 $1,774 $3,369 $3,368 
Enterprise584 587 1,096 1,089 
Processing264 283 516 559 
Total Merchant Solutions segment revenue$2,608 $2,644 $4,981 $5,016 
Digital Payments
$993 $1,051 $1,940 $2,046 
Issuing
784 876 1,553 1,690 
Banking
578 625 1,164 1,233 
Total Financial Solutions segment revenue$2,355 $2,552 $4,657 $4,969 
Corporate and Other$329 $320 $681 $661 
Total Revenue (1)
$5,292 $5,516 $10,319 $10,646 
(1)Total revenue includes $343 million and $667 million for the three and six months ended June 30, 2026, respectively, and $377 million and $708 million for the three and six months ended June 30, 2025, respectively, which represents revenue recognized outside the scope of Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers (“ASC 606”). Such revenue primarily consists of interest-related income earned on, and gains on sales of, merchant and settlement anticipation cash advances; interest income earned on short-term investments of subscriber funds and intermediary settlement cash balances; and lease income associated with point-of-sale (“POS”) terminal equipment.
Contract with customer, asset and liabilities
The following table provides information about contract assets and contract liabilities from contracts with customers:
(In millions)June 30, 2026December 31, 2025
Contract assets$941 $885 
Contract liabilities1,079 1,124 
Schedule of remaining performance obligations
The following table includes estimated processing and services revenue expected to be recognized in the future related to performance obligations that were unsatisfied (or partially unsatisfied) at June 30, 2026:
(In millions)
Year Ending December 31,
Remainder of 2026
$1,315 
20272,266 
20281,691 
20291,085 
Thereafter1,136