EVERTEC (EVTC) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 24% YoY to $283.0M, or 21% at constant currency; favorable FX added $6M to Latin America revenue.

• Adjusted EBITDA increased 19% to $110.5M; Adjusted EPS rose 16% to $1.07.

• Growth reflected acquisitions and organic expansion across most segments, led by Latin America Payments & Solutions.

• FY2026 revenue and Adjusted EPS guidance increased; BBChain expanded blockchain, tokenization and digital-asset capabilities.

Financial highlights

• Revenue was $283.0M, up 24%; constant-currency revenue was $277.0M, up 21%.

• Adjusted EBITDA was $110.5M, up 19%; adjusted net income rose 8% to $64.8M, and Adjusted EPS was $1.07 versus $0.92.

• Adjusted EBITDA margin was 39.0%, down 150 bps YoY; constant-currency margin was 39.9%.

• Operating income rose 34% to $50.6M; GAAP net income attributable to common shareholders was $29.9M and diluted EPS $0.49, versus $32.9M and $0.51.

• Operating costs rose 22% to $232.4M; higher SG&A and D&A reflected acquisition costs, acquired-intangible amortization and cybersecurity response costs.

Outlook and guidance

• FY2026 revenue guidance is $1,088M–$1,096M, implying reported growth of 16.7%–17.6% and constant-currency growth of 14.5%–15.4%.

• FY2026 Adjusted EPS guidance is $4.00–$4.08; growth is 10.5%–12.7% reported and 9.4%–11.6% constant currency.

• Adjusted EBITDA margin outlook is ~39.5% reported and 40% constant currency; adjusted tax rate is ~10%–11%.

• Segment outlook: Merchant Acquiring and Payment Services Puerto Rico & Caribbean high-single-digit growth; Latin America Payments & Solutions low-to-mid-40s reported; Business Solutions mid-single-digit decline.

• Capex is projected at $95M; Transbank contributions are expected late in H2 2027, with a more meaningful ramp in 2028, partly offset by Getnet volume and EBT pricing declines.