Euronet Worldwide (EEFT) investor relations material

Executive summary

• Adjusted EPS rose 10% year-over-year to $2.82, marking the fifth consecutive quarter of double-digit earnings growth, while reported EPS declined to $1.71 from $2.27.

• Revenue grew 3% year-over-year to $1.11 billion, with digital accelerator revenue up 31% in Q2 and 35% year-to-date, now comprising 26% of total revenue.

• Payments Infrastructure and epay segments delivered strong growth, while Cross-Border Payments faced headwinds from U.S. policy changes and remittance taxes.

• Major agreements and partnerships were signed, including with Unibanca, Upgrade, Capcom, Yahoo, Rakuten, and Mastercard Move.

• $50 million in share repurchases completed, reflecting disciplined capital allocation.

Financial highlights

• Q2 2026 revenue reached $1.11 billion, operating income was $137.1 million (down 14% year-over-year), and adjusted EBITDA was $192.8 million (down 6%).

• Adjusted EPS was $2.82, up 10% year-over-year; diluted EPS was $1.71, down from $2.27.

• Free cash flow was approximately $80 million for the quarter.

• Net income attributable to shareholders was $77.4 million, down 21% year-over-year.

• Effective tax rate increased to 37.6% for Q2 2026 from 25.6% in Q2 2025.

Outlook and guidance

• Full-year 2026 adjusted EPS growth outlook reiterated at 10% to 15% year-over-year, with revenue growth guidance at approximately 6%.

• Guidance excludes potential impacts from foreign exchange, interest rates, or unforeseen factors.

• Capital expenditures for 2026 are estimated at $145–$155 million.

• Share repurchases are not incorporated into the earnings outlook for the second half, but buybacks remain a key capital allocation strategy.

• Management expects continued growth in digital money transfers and expansion of the Dandelion network.