Euronet Worldwide Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤2026 revenue outlook cut to approximately $4.375 billion, Adjusted EBITDA to $725 million
- ➤Third-quarter operating income fell 12% to $171.6 million
- ➤Cross-Border Payments operating income plunged 37% to $37.3 million
- ➤Cross-Border digital transactions increased 34% to 8.1 million
- ➤Repurchased $50 million of common stock, approximately 690,000 shares
Expert Statements
Michael J. Brown, Chairman and Chief Executive Officer of Euronet Worldwide
“Our third-quarter results reflect the continued impact of U.S. immigration policy and global economic pressures on the Cross Border Payments segment, which has persisted longer than we anticipated”
Michael J. Brown, Chairman and Chief Executive Officer of Euronet Worldwide
“While these results are below our expectations and our historical performance, we continued to see growth in the digital accelerators we introduced during our Investor Day in May.”
Michael J. Brown, Chairman and Chief Executive Officer of Euronet Worldwide
“Year-to-date, these accelerators have grown 33%, reflecting the benefit of our continued investment in these strategic initiatives.”
Michael J. Brown, Chairman and Chief Executive Officer of Euronet Worldwide
“The Payments Infrastructure segment benefitted from the acquisition of CoreCard, together with growth in merchant acquiring and Ren sales.”
Michael J. Brown, Chairman and Chief Executive Officer of Euronet Worldwide
“The epay segment had a solid quarter from continued growth in digital content and promotional campaigns executed during the quarter.”
Michael J. Brown, Chairman and Chief Executive Officer of Euronet Worldwide
“While we remain confident in the long-term growth opportunities across our businesses, the persistent pressures experienced this quarter in Cross-Border Payments, together with broader macroeconomic pressures and FX conversion rates changes, have caused us to revise our 2026 outlook from the targets provided during our Investor Day in May.”
Michael J. Brown, Chairman and Chief Executive Officer of Euronet Worldwide
“Although these near-term challenges are disappointing, our digital accelerator strategy continues to demonstrate the growth necessary to generate strong cash flow and create long-term shareholder value.”
Highlights reflecting key achievements supporting the Company’s strategy and digital goals: * Revenue from the digital accelerators introduced at the Company’s Investor Day((*)) increased 33% for the nine months ended September 30, 2026 and represented 26% of year-to-date revenues, demonstrating strong momentum for the continued investments in these strategic initiatives, such as Ria digital, merchant acquiring and the Ren product suite. * Signed a letter of intent to collaborate globally with Diebold Nixdorf to transform ATM networks * Unveiled OLON, a unified commerce ecosystem to accelerate merchant growth * Repurchased $50 million of common stock, representing approximately 690,000 shares, during the quarter, reflecting disciplined capital allocation. * Digital transactions within the Cross-Border Payments segment increased 34% in the third quarter of 2026 compared to the prior year period. * See the Investor Day presentation at http://ir.euronetworldwide.com.
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