v3.26.3
Revenue Recognition (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2026 and approximately 16% and 15% of total revenue for the three and nine months ended September 30, 2025, respectively.
(In millions)
Three Months Ended September 30,Nine Months Ended September 30,
Revenue by Business Line
2026202520262025
Small Business$1,713 $1,741 $5,082 $5,109 
Enterprise561 580 1,657 1,669 
Processing247 265 763 824 
Total Merchant Solutions segment revenue$2,521 $2,586 $7,502 $7,602 
Digital Payments
$914 $939 $2,854 $2,985 
Issuing
840 802 2,393 2,492 
Banking
577 592 1,741 1,825 
Total Financial Solutions segment revenue$2,331 $2,333 $6,988 $7,302 
Corporate and Other$344 $344 $1,025 $1,005 
Total Revenue (1)
$5,196 $5,263 $15,515 $15,909 
(1)Total revenue includes $310 million and $977 million for the three and nine months ended September 30, 2026, respectively, and $382 million and $1.09 billion for the three and nine months ended September 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)September 30, 2026December 31, 2025
Contract assets$843 $885 
Contract liabilities1,014 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 September 30, 2026:
(In millions)
Year Ending December 31,
Remainder of 2026
$681 
20272,445 
20281,827 
20291,212 
Thereafter1,317