EarningsQ2 2026 Earnings Report
MX:ADYENN Q2 2026 EPS Results
Actual EPS$351.16
Consensus EPS$348.60
Beat/MissBeat by +$2.55
One Year Ago EPS$311.09
MX:ADYENN Q2 2026 Revenue Results
Actual Revenue$29.83B
Expected Revenue$13.75B
Beat/MissBeat by +$16.08B
YoY Revenue Growth+16.73%
Earnings Announcement Details
QuarterQ2 2026
Date08/13/2026
TimeTBA
Conference CallThursday, August 13, 2026
MX:ADYENN Upcoming Earnings
Adyen's next earnings date is estimated for February 10, 2027, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:ADYENN Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational momentum: double-digit constant-currency net revenue growth (21% cc), robust transaction volume (EUR 804bn), solid EBITDA growth and margin preservation, strategic product and M&A moves (Talon.One, Orb) to expand beyond payments, and a confident outlook (21%–23% full-year growth). Headline lowlights were regionally uneven growth (EMEA slowdown), modest near-term margin dilution (~1 p.p.) from acquisitions, platform take-rate effects as large customers scale into lower tiers, and elevated near-term CapEx guidance (pulling spend into 2026). Overall, the positives (growth, profitability, strategic product expansion, large volume scale and customer momentum) materially outweigh the manageable near-term headwinds.Company Guidance
Strong Top-Line Growth
Net revenue of EUR 1.3 billion in H1 2026, up 19% year-over-year (21% on a constant currency basis); full-year 2026 net revenue growth guided to 21%–23% YoY on a constant currency basis.
Robust Transaction Volumes
Processed EUR 804 billion in volume in H1 2026, demonstrating continued scale across thousands of global merchants.
High Profitability
EBITDA of EUR 642 million in H1 2026, up 18% YoY; reported EBITDA margin of 49% (50% excluding one-time transaction costs), with management reaffirming underlying 2026 EBITDA margin in line with 2025 and a target to exceed 55% by 2028.
Strategic M&A and Product Expansion
Completed acquisitions of Talon.One and Orb in H1 2026 to add promotions/loyalty and usage-based billing capabilities; launched Adyen Agentic and Intelligent Money Movement to expand beyond payments into pre- and post-transaction financial infrastructure.
Customer Momentum and Key Wins
Management highlighted continued wallet expansion with long-term customers (e.g., Uber, Microsoft, Spotify, Google) and named new or expanding customers such as OpenAI, Toast and Sézane; company emphasizes broad-based wallet gains across its top cohorts.
Disciplined Investment in Talent and Infrastructure
Added 249 net new joiners in H1 2026, bringing FTEs to 5,020; focused hiring on technical and go-to-market roles and maintained a full-year hiring target of 550–650 net new hires to support product roadmap and commercial momentum.
Clear Contribution from Acquisitions to Growth
Management expects the Talon.One and Orb acquisitions to contribute ~1 percentage point to full-year net revenue growth (and ~2 percentage points in H2), accelerating time-to-market for loyalty and meter-billing offerings.
Proactive CapEx Management to Secure Capacity
Pulled forward infrastructure investments into H2 2026 to secure compute and storage at favorable pricing; H1 CapEx was EUR 64 million (5% of net revenue) and full-year CapEx guidance raised to approximately 7% of net revenue to lock in supply and availability.
MX:ADYENN Earnings History
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