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Highlights

  • Euronet reported a 9% year-over-year increase in Q2 2025 revenue to USD 1.07 billion.
  • Adjusted EPS rose 14% to USD 2.56, compared to USD 2.25 in Q2 2024.
  • Operating margin expanded by 112 basis points during the quarter.

Euronet (NASDAQ: EEFT) announced its financial results for the second quarter of 2025, delivering consolidated revenue of USD 1,074.3 million, up 9% from USD 986.2 million in the prior-year quarter. Operating income increased by 18% to USD 158.6 million, while adjusted EBITDA grew 16% to USD 206.2 million. Net income attributable to Euronet rose to USD 97.6 million, translating to diluted earnings per share of USD 2.27. On an adjusted basis, EPS climbed to USD 2.56, marking a 14% year-over-year increase.

The company also reported a 112 basis point expansion in operating margin, supported by higher operating income across all three business segments. Euronet’s digital strategy gained momentum through the acquisition of credit card issuing platform CoreCard, which the company said complements its Ren technology and positions it within the USD 10 billion issuing market.

Within its EFT Processing segment, revenue rose 11% to USD 338.5 million. Operating income grew by 6% to USD 84.6 million, and the installed ATM base increased by 5% year-over-year to 57,326 units as of June 30, 2025.

The epay segment generated USD 280.1 million in revenue, a 7% increase, while operating income climbed 19% to USD 31.1 million. Growth was attributed to a shift in product mix toward higher-margin digital media and payment products.

The Money Transfer segment reported revenue of USD 457.9 million, up 9%, and operating income of USD 65.6 million, a 39% year-over-year rise. Operating margin in this segment expanded by 296 basis points. Total digital transactions rose 29% to 5.8 million, and the network grew to 631,000 locations following the acquisition of a majority interest in Japan-based Kyodai Remittance.

As of June 30, 2025, the company held USD 1.33 billion in unrestricted cash and cash equivalents and reported total indebtedness of USD 2.44 billion. During the quarter, Euronet repurchased 2.3 million shares for USD 247 million.

Looking ahead, the company expects adjusted EPS growth of 12% to 16% for full-year 2025, in line with historical growth trends.