Euronet Worldwide (EEFT) investor relations material

Executive summary

• Achieved 11% year-over-year revenue growth to $1,011.8 million in Q1 2026, with strong digital and merchant services momentum and 19% adjusted EPS growth year-over-year, driven by digital initiatives and segment momentum.

• Adjusted EPS rose 40% to $1.58, or 19% excluding a prior-year one-time tax charge; digital revenue and transactions in Money Transfer up 42% and 35%, respectively.

• Launched stablecoin payouts, migrated Bilt's 628,000 card portfolio to CoreCard, signed three EFT infrastructure agreements, and repurchased $100 million in shares.

• Money Transfer segment faced pressure from U.S. immigration enforcement and Middle East geopolitical tensions, but fundamentals remain healthy.

• Maintained confidence in full-year outlook, targeting 10%-15% adjusted EPS growth, supported by a strong balance sheet and disciplined capital allocation.

Financial highlights

• Q1 revenue reached $1,011.8 million (+11% YoY), operating income was $72 million (-4% YoY), adjusted EBITDA $126.7 million (+7% YoY), and adjusted EPS $1.58 (+40% YoY).

• Net income was $37.5 million ($0.83 diluted EPS) vs. $38.4 million ($0.85) prior year.

• Strong free cash flow enabled $100 million in share repurchases during the quarter.

• Operating income included $5 million in non-cash purchase price amortization and $3.5 million in non-cash share-based compensation.

• Total cash (including ATM/restricted) was $2,134.4 million as of March 31, 2026; total indebtedness $2,556.2 million.

Outlook and guidance

• Reiterates 2026 adjusted EPS growth guidance of 10%-15% year-over-year, supported by digital initiatives and global platform scaling.

• Seasonal earnings profile evolving, with Q2 and Q3 expected to be lighter portions of full-year earnings due to business diversification and digital expansion.

• Guidance excludes potential impacts from FX, interest rates, or unforeseen factors.