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Euronet Worldwide (DE:EEF)
FRANKFURT:EEF
Germany Market
EarningsQ2 2026 Earnings Report

Euronet Worldwide (EEF) Q2 2026 Earnings Report

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DE:EEF Q2 2026 EPS Results

Actual EPS€2.49
Consensus EPS€2.59
Beat/MissMissed by -€0.10
One Year Ago EPS€2.26

DE:EEF Q2 2026 Revenue Results

Actual Revenue€978.47M
Expected Revenue€1.01B
Beat/MissMissed by -€29.32M
YoY Revenue Growth+3.17%

Earnings Announcement Details

QuarterQ2 2026
Date07/30/2026
TimeBefore Open
Conference CallThursday, July 30, 2026
DE:EEF Upcoming Earnings
Euronet Worldwide's next earnings date is estimated for October 16, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

DE:EEF Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Jul 30, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call highlights strong momentum in digital accelerators (31% Q / 35% YTD growth), continued adjusted EPS growth (+10%), strategic wins for CoreCard and epay distribution, solid free cash flow and ongoing share repurchases. These positives offset meaningful near-term weakness in cross-border/remittance volumes (cross-border revenue -5%; operating income -35%, adj. EBITDA -32%), softer ATM/travel-related transactions, and some non-cash and interest expense headwinds. Management reiterated full-year adjusted EPS guidance of +10%–15% and maintains the long-term growth thesis centered on digital accelerators.
Company Guidance
Euronet reiterated full‑year adjusted EPS growth of 10%–15% (Q2 adjusted EPS was $2.82, +10% y/y) and maintained its prior ~6% revenue growth expectation for 2026, saying digital accelerators remain the primary growth engine (26% of company revenue YTD) with digital revenue up 31% in Q2 and 35% YTD (vs. the 23% Investor Day target); management expects quarterly earnings to be more evenly distributed this year (Q2–Q3 to be a smaller share), plans to continue its $125M–$150M annual share‑repurchase program (about $50M / 705k shares repurchased in Q2) funded by operating cash flow (≈$80M free cash flow in Q2), and expects ~400k–500k fewer shares outstanding through year‑end, while balance sheet and cost guidance includes $1.2B of unrestricted cash, ~ $1B deployed in ATM cash, $2.7B total debt, and roughly $6M of incremental interest expense for the remainder of the year.
Strong Adjusted EPS and Profitability
Adjusted EPS of $2.82, up 10% year-over-year — fifth consecutive quarter of double-digit earnings growth; operating income of $137 million and adjusted EBITDA of $193 million for the quarter.
Robust Digital Accelerator Growth
Digital accelerators revenue grew 31% year-over-year in the quarter and 35% year-to-date; digital accelerators represent 26% of total company revenue YTD, driving faster-growth mix shift.
Ria Digital and Cross-Border Digital Momentum
Ria Digital delivered strong performance with revenue up 35% and digital transactions up 33%; continued digital marketing investments (~$3 million this quarter) and multiple new partnerships (Mastercard Move + 5 Dandelion partners, Uber integration, BriQ launch in Colombia, expanded wallet payouts in Nigeria).
Payments Infrastructure and CoreCard Traction
Payments infrastructure saw revenue expansion and incremental earnings (operating income +2%, adjusted EBITDA +6%); exclusion of CoreCard-related non-cash amortization would show operating income up ~7%. CoreCard contributed strategic customer wins (Unibanca in Peru, Upgrade in U.S.) and is driving new multi-market opportunities.
epay Distribution & Gaming Wins
epay revenue +4%, operating income and adjusted EBITDA each ~+5%; secured exclusive Visa/Mastercard acquiring across dm (~4,000 stores), new direct-to-publisher deals (Capcom, Yahoo/Rakuten, Stanverse), and early demand lift from GTA VI pre-orders expanding gaming-related sales.
Strong Cash Generation and Capital Returns
Generated approximately $80 million of free cash flow in the quarter; repurchased ~705,000 shares for ~$50 million during the quarter (part of $125M-$150M annual buyback target) and expect further share count reduction of ~400k–500k shares for the remainder of the year.
Balance Sheet Liquidity
Ending quarter with ~$1.2 billion in unrestricted cash and nearly $1.0 billion of cash deployed in the ATM network, supporting operational needs and opportunistic capital allocation.

DE:EEF Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Oct 16, 2026
2026 (Q3)
3.29 / -
3.196―
2026 (Q2)
2.59 / 2.49
2.2610.16% (+0.23)
2026 (Q1)
1.28 / 1.39
0.99839.82% (+0.40)
2025 (Q4)
2.18 / 2.11
1.83614.90% (+0.27)
2025 (Q3)
3.18 / 3.20
2.67519.47% (+0.52)
2025 (Q2)
2.35 / 2.26
1.98613.78% (+0.27)
2025 (Q1)
0.96 / 1.00
1.13-11.72% (-0.13)
2024 (Q4)
1.81 / 1.84
1.6610.64% (+0.18)
2024 (Q3)
2.75 / 2.67
2.40111.40% (+0.27)
2024 (Q2)
2.02 / 1.99
1.79210.84% (+0.19)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed