Business
Euronet Worldwide Reports Second Quarter 2025 Financial Results - Highlighted by 13% Operating Income Growth
Digital growth strategy accelerated with the announced acquisition of leading credit card issuing platformRen signs agreement with top tier United States
About this update from Euronet Worldwide, Inc.
[{"type":"text","content":"Digital growth strategy accelerated with the announced acquisition of leading credit card issuing platformRen signs agreement with top tier United States bankMoney Transfer expands digital remittance through Google partnershipMoney Transfer enters Japanese market with acquisition of Kyodai RemittanceOperating margin expansion of 112 basis points LEAWOOD, Kan., July 30, 2025 (GLOBE NEWSWIRE) -- Euronet (“Euronet” or the “Company”) (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions, announced today second quarter 2025 financial results.Euronet reports the following consolidated results for the second quarter 2025 compared with the same period of 2024: Revenues of $1,074.3 million, a 9% increase from $986.2 million (6% increase on a constant currency1 basis).Operating income of $158.6 million, an 18% increase from $134.3 million (13% increase on a constant currency basis).Adjusted EBITDA2 of $206.2 million, a 16% increase from $178.2 million (11% increase on a constant currency basis).Net income attributable to Euronet of $97.6 million, or $2.27 diluted earnings per share, compared with $83.1 million, or $1.73 diluted earnings per share.Adjusted earnings per share3 of $2.56, a 14% increase from $2.25. See the reconciliation of non-GAAP items in the attached financial schedules. “I’m very pleased with the business’ constant currency operating profit growth of 13% and the margin expansion of 112 basis points—on its own, this is exciting. But, I’m more excited about our accomplishments to further our digital strategy through the acquisition of a leading credit card issuing platform – CoreCard - and the signing of a Ren agreement with one of the top three banks in the United States. The acquisition of CoreCard fits nicely with our Ren platform. As described in a separate press release, this is not just a credit issuing platform, it’s a platform serving leading brands in the US, processing at scale, tried and tested. This premier product gives us yet more opportunity to go after the $10 billion issuing market where the market growth rates are much stronger outside the United States, which aligns strongly with our global business where more than 75% of our revenues are from outside the United States. Moreover, another exciting aspect of the issuing business is its margin opportunity, nearing 50 percent. ...