Earnings Calls

Last Earnings Call

Fiscal Period
Q2 2026
Call Date
Jul 30, 2026
AI Summary
Q2 2026

EPS growth: Euronet said adjusted EPS rose 10% year over year to $2.82, marking its fifth straight quarter of double-digit earnings growth.

Digital strength: Digital accelerators stayed the main growth engine, with revenue up 31% in the quarter and 35% year to date, well above the 23% framework shared at Investor Day.

Cross-border pressure: Cross-border payments were softer than expected because U.S. immigration enforcement hurt remittance volumes, especially U.S. to Mexico, and last year’s quarter had unusually favorable one-time items.

CoreCard momentum: Management highlighted strong demand for CoreCard and said the Peru win with Unibanca was a notable proof point for the platform’s broader sales potential.

Guidance unchanged: Full-year adjusted EPS growth guidance stayed at 10% to 15%, and management said the overall revenue outlook was still broadly unchanged from Investor Day.

Capital returns: The company repurchased about $50 million of stock in the quarter and said buybacks remain an important use of cash.

Key Financials
Adjusted EPS
$2.82
Revenue
$1.1 billion
Operating income
$137 million
Adjusted EBITDA
$193 million
Free cash flow
approximately $80 million
Share repurchases
approximately $50 million
Shares repurchased
approximately 705,000 shares
Digital accelerator revenue
31% growth in the quarter; 35% year to date
Digital accelerators share of revenue
26% of total company revenue year to date
Merchant additions
4,200 new merchants
Ria Digital transactions
33% growth
Digital marketing spend
approximately $3 million increase
Cross-border revenue
declined 5%
Cross-border operating income
declined 35%
Cross-border adjusted EBITDA
declined 32%
Payments Infrastructure revenue
not specified
Payments Infrastructure operating income
increased 2%
Payments Infrastructure adjusted EBITDA
increased 6%
epay revenue
increased 4%
epay operating income
increased approximately 5%
epay adjusted EBITDA
increased approximately 5%
epay transactions
down about 11%
CoreCard-related noncash amortization
$4.7 million
Share-based compensation
$1.9 million
Unrestricted cash
$1.2 billion
Cash deployed in ATM network
nearly $1 billion
Total debt
$2.7 billion
Euro bond settlement
$700 million
Interest expense increase
about $1.3 million in the quarter
Unibanca banks served
9 banks
Share count remaining in EPS reconciliation
400,000 to 500,000 shares
Earnings Call Recording

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