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Mar 31

Euronet Q1 2025 Earnings Report

Euronet reported record first quarter results with strong revenue, net income, and operating income growth.

Key Takeaways

Euronet had a strong Q1 2025, driven by double-digit growth in adjusted operating income and continued expansion of its global payment network. All business segments contributed positively, especially the Money Transfer segment, which saw notable increases in revenue and profitability.

Revenue reached $915.5 million, up from $857.0 million in Q1 2024.

Operating income grew 18% to $75.2 million compared to the prior year.

Adjusted EPS came in at $1.13, with GAAP EPS at $0.85.

Money Transfer segment posted a 21% rise in operating income and 15% growth in adjusted EBITDA.

Total Revenue
$916M
Previous year: $857M
+6.8%
EPS
$1.13
Previous year: $1.28
-11.7%
Active ATMs
51.88K
Previous year: 49.29K
+5.2%
epay Transactions
1.13B
Previous year: 953M
+19.0%
Money Transfer Txns
44.6M
Previous year: 40.6M
+9.9%
Cash and Equivalents
$1.39B
Previous year: $1.24B
+12.7%
Total Assets
$6.05B
Previous year: $5.69B
+6.3%

Euronet

Euronet

Euronet Revenue by Segment

Forward Guidance

Euronet reaffirmed its full-year expectation for 12% to 16% earnings growth, supported by a strong Q1 and a diversified business model.

Positive Outlook

  • Strong start to the year with double-digit earnings growth.
  • Global payment network continues to expand.
  • High growth in cross-border digital transactions.
  • Operational leverage seen across segments.
  • Reinvestment through share and convertible note repurchases.

Challenges Ahead

  • Exposure to foreign exchange volatility.
  • One-time tax payment impacted epay margins.
  • Decreased intra-US money transfer volumes.
  • Increased debt from convertible note repurchases.
  • Macroeconomic risks including tariffs and geopolitical instability.