| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | August 5, 2026 | - | No flags | 0 | 0 | Call sheet → |
| Q1'26 | May 6, 2026 | 10/12 | 6 low flags | 2 | 0 | Call sheet → |
| Q4'25 | February 18, 2026 | 8/12 | 5 medium, 3 low flags | 4 | 0 | Call sheet → |
| Q3'25 | November 4, 2025 | 11/12 | 2 medium, 4 low flags | 6 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q1'26 | Pending | Onboard 500 new sales professionals 300+ already onboarded, 60% complete toward target with quality hires |
| Q1'26 | Pending | $70-80 million in cost synergies for 2026 Management reaffirmed confidence in achieving target with detailed execution plans |
| Q1'26 | Delivered | Revenue synergies to begin contributing in 2027 Already seeing early cross-selling with Subway, e-commerce integration showing 25% sequential growth |
| Q1'26 | Pending | Achieve 3x net leverage target by end of 2027 Started Q1 at 3.5x as expected, on track for deleveraging plan |
| Q1'26 | Exceeded | Return more than $2 billion to shareholders in 2026 through repurchases and dividends Already returned ~$620M in Q1 plus announced $500M ASR - well ahead of pace |
| Q1'26 | Pending | Target capital expenditures of approximately $1 billion or 8% of adjusted net revenue for full year 2026 Q1 CapEx was $261M, on track for full year target |
| Q4'25 | Exceeded | End year at or below 3x leverage Ended at 2.9x, achieved target earlier than expected |
| Q4'25 | Exceeded | Achieve 50+ basis points operating margin expansion for full year Delivered 100 bps expansion vs 50+ bps target, well ahead of expectation |
| Q4'25 | Pending | Introduce Genius in Germany before end of 2025 No confirmation this was completed, only mentioned 2026 expansion plans |
| Q4'25 | Pending | Hire 500 additional sales professionals Only reported 200 hired as of Q3 call, no Q4 update on remaining 300 |
| Q4'25 | Exceeded | Close Worldpay and Issuer divestiture in Q1 2026 Actually closed in January, 6 months earlier than original expectation |
| Q4'25 | Delivered | Continue to see acceleration from Q3 to Q4 in Merchant Solutions Achieved 'slightly above 6%' vs 6% in Q3, modest but delivered on promise |
| Q3'25 | Exceeded | End year at or below 3x net leverage Already achieved 2.9x in Q3, ahead of year-end target |
| Q3'25 | Exceeded | Free cash flow conversion greater than 90% 96% year-to-date conversion rate |
| Q3'25 | Exceeded | Adjusted operating margin expansion greater than 50 basis points Delivered 110bps in Q3, well ahead of target |
| Q3'25 | Pending | All customer-facing applications commercially available by year-end On track with 2 more products moved to production in Q3 |
| Q3'25 | Exceeded | Issuer Solutions growth approximately 4% constant currency for full year Tracking ahead at 5% growth in Q3 vs 4% guide |
| Q3'25 | Delivered | Launch Genius in UK this quarter Successfully launched in UK and Austria |
| Q3'25 | Delivered | Genius enterprise restaurant solution launch in Q3 Launched in September as promised |
| Q3'25 | Pending | Expect merchant business to deliver roughly 6% constant currency growth for full year On track with Q3 at 6% and guidance reiterated |
Get free previews of our earnings-call research: the key changes, management scores, and questions worth investigating. Subscribe for full call sheets and deeper analysis.
Subscriptions are managed by Substack. If the form does not load, subscribe directly. Or follow the RSS feed.