EURONET WORLDWIDE Q1 2026 REVENUE JUMPS 11%

By Chris Stiles • Wednesday, April 29 12:31 • Permanent Link

Euronet Worldwide reported first-quarter 2026 revenue of $1.01 billion, up 11% from $915.5 million a year earlier, while adjusted earnings per share jumped 40% to $1.58 from $1.13.

Operating income slipped 4% to $72.0 million from $75.2 million, and net income attributable to Euronet edged down to $37.5 million from $38.4 million. Adjusted EBITDA rose 7% to $126.7 million from $118.7 million.

The biggest top-line gains came in digital and merchant-related businesses. Money transfer digital revenue increased 42% year over year, while digital transactions climbed 35% to 7.1 million from 5.3 million. The company also added 2,300 merchants during the quarter.

In the EFT processing segment, revenue rose 27% to $295.4 million from $232.5 million, with adjusted EBITDA up 16% to $55.2 million from $47.6 million. Operating income was essentially flat at $23.4 million versus $23.3 million. Installed ATMs increased to 56,347 from 55,512, while active ATMs rose to 52,579 from 51,875.

Epay revenue increased 10% to $293.5 million from $267.4 million. Operating income climbed 21% to $32.4 million from $26.8 million, and adjusted EBITDA advanced 19% to $33.9 million from $28.4 million. Transactions fell 5% to 1.081 billion from 1.134 billion. POS terminals were about 731,000, up from 728,000, and retailer locations were about 352,000, up from 351,000.

Money transfer revenue increased 2% to $425.2 million from $417.7 million, but operating income fell 7% to $41.9 million from $45.1 million and adjusted EBITDA declined 6% to $48.3 million from $51.3 million. Total transactions fell 2% to 43.9 million from 44.6 million, while network locations increased 4% to about 651,000 from about 624,000.

Corporate and other expense rose to $25.7 million from $20.0 million.

On the balance sheet, total cash increased to $2.13 billion at March 31, 2026, from $1.71 billion at December 31, 2025. Total indebtedness rose to $2.56 billion from $2.02 billion. Net debt increased by $113.8 million during the quarter, including $100 million of share repurchases. Today the company's shares have moved -0.55% to a price of $74.23. For the full picture, make sure to review EURONET WORLDWIDE, INC.'s 8-K report.

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