Euronet Worldwide (EEFT) Q2 2026 earnings summary

Executive summary

• Adjusted EPS rose 10% year-over-year to $2.82, marking the fifth consecutive quarter of double-digit earnings growth, driven by strong digital accelerator performance and resilient business execution.

• Revenue grew 3% year-over-year to $1.11 billion, with digital accelerator revenue up 31% in Q2 and 35% year-to-date, now comprising 26% of total revenue.

• The company repurchased 705,000 shares for $50 million during the quarter, reflecting disciplined capital allocation.

• Signed major agreements with Unibanca (Peru), Upgrade (U.S.), Capcom, and Mastercard Move, and expanded merchant acquiring globally.

• Despite macroeconomic headwinds, the long-term growth strategy and digital focus remain intact, with full-year outlook unchanged.

Financial highlights

• Q2 revenue reached $1.11 billion, operating income was $137.1 million (down 14% year-over-year), and adjusted EBITDA was $192.8 million (down 6%).

• Adjusted EPS was $2.82, up 10% year-over-year.

• Free cash flow was approximately $80 million for the quarter.

• Net income attributable to shareholders was $77.4 million, down from $97.6 million.

• Total cash (including ATM cash) was $2,220.7 million as of June 30, 2026; total indebtedness rose to $2,654.0 million.

Outlook and guidance

• Full-year adjusted EPS growth is expected in the 10%-15% range, with quarterly earnings more evenly distributed throughout the year.

• Revenue growth guidance remains unchanged at approximately 6% for the year, with digital accelerators outperforming expectations.

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

• Share repurchases are not incorporated into the earnings outlook for the second half, but buybacks remain a key capital allocation strategy.