Adyen N.V. (0YP5) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone and thank you for joining Adyen's Q1 twenty twenty six business update call. My name is Maggie O'Donnell and I will be hosting today's call. We will begin today by playing the prepared remarks that were available on the IR site earlier today. We will first hear from Ingo and because we have Ethan with us here today, we will hear from him live directly. We will then move on to the Q and A with Ethan. As a reminder to ask a question, please use the raise hand functionality at the bottom of your screen. With that, let's get started. Hello. I'm Ingo Eichstager, Co CEO of Adyen. The first quarter was a strong start to the year for Adyen, with net revenue up 20% year over year on a constant currency basis. What we are seeing across our customer base reinforces a structural shift in where value is created in payments. Historically, most of the value in payments are at the point of authorization, improving acceptance rates, optimizing routing and managing costs. Today, more of that value is moving outside of the payment moment. Before payment is made, our customers are making increasingly complex decisions around which transactions to allow through, how to balance conversion on risk, and how to shape the outcome. After the payment, they are managing how funds move across markets, entities and time. In most organizations, these steps are still handled across separate systems creating duplication, higher cost and less control. As a result, our customers are asking us to take on a broader role, not just as a payment processor, but as a platform that helps them manage these decisions in one place. We are expanding our role across the transaction lifecycle, influencing decisions before the payments and enabling more efficient money movement afterwards. The reason f...