Quarterly ResultMay 7, 2026, 04:39 PM
Euronet Q1 Revenue Up 10.5% to $1.01B; Diluted EPS $0.83
AI Summary
Euronet Worldwide reported a 10.5% increase in Q1 2026 revenue, reaching $1.01 billion. Despite this growth, net income attributable to the company decreased by 2.3% to $37.5 million, and diluted EPS fell to $0.83 from $0.85 year-over-year. The company experienced a significant shift to net cash used in operating activities of $(122.0) million, while net cash provided by financing activities increased substantially due to higher borrowings. Share repurchases continued, with $102.4 million spent in the quarter.
Key Highlights
- Revenue increased 10.5% to $1,011.8 million for the three months ended March 31, 2026.
- Net income attributable to Euronet Worldwide, Inc. decreased 2.3% to $37.5 million.
- Diluted EPS decreased to $0.83 from $0.85 year-over-year.
- Basic EPS increased 9.1% to $0.96 due to share repurchases.
- Net cash used in operating activities was $(122.0) million.
- The company repurchased $102.4 million of common stock in Q1 2026.
- Total debt obligations increased to $2,579.8 million.
- CoreCard acquisition contributed $31.1 million revenue in Q1 2026.
Price Impact
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