The call presented a solid operational and financial picture: strong constant-currency net revenue growth (21% in H2), healthy EBITDA expansion (23%) and a high EBITDA margin (55%), plus product innovation (Dynamic Identification/Personalize) and broad regional/pillar traction (Platforms fastest-growing, Unified Commerce and major new logos like Starbucks). Headwinds include FX impact on reported growth, APAC tariff-related volume pressure, near-term margin dilution from incremental hiring and that agentic commerce remains early/immaterial to 2026 revenue. On balance the company reiterated a credible 2026 guide (20%–22% C-currency growth), disciplined CapEx (~5%), and a clear multi-year margin target (>55% by 2028). Given the predominance of growth, margin and product/market positives relative to the identified near-term risks and investor concerns, the overall tone is constructive and long-term positive.

Company Guidance

Adyen guided 2026 net revenue growth of 20–22% on a constant‑currency basis (a view taken from end‑of‑year customer road‑map conversations), after reporting H2 2025 net revenue growth of 21% CC (reported growth muted by U.S. dollar headwinds), H2 EBITDA growth of 23% and an H2 EBITDA margin of 55%; management expects 2026 EBITDA margin to be roughly in line with 2025 as they modestly increase headcount (slightly above this year’s hiring pace) while continuing to invest in automation, and to expand EBITDA margin to above 55% by 2028, with CapEx expected to remain at ~5% (≤5%) of net revenue and market‑volume growth assumed to stay at 2025 levels (currency headwinds are expected to ease through Q2–Q3).

Strong Net Revenue Growth (H2 2025)

Net revenue in H2 2025 grew 21% on a constant-currency basis; reported growth was lower due to U.S. dollar headwinds.

EBITDA Expansion and High Margin

EBITDA grew 23% in H2 2025 and EBITDA margin was 55% for the half, demonstrating continued operating leverage despite ongoing investments.

Clear 2026 Financial Guidance

Company provided annual guidance of 20%–22% net revenue growth on a constant-currency basis for 2026 and reiterated target to reach EBITDA margin above 55% by 2028; expects CapEx at ~5% or less of net revenue.

Pillar Performance — Platforms and Unified Commerce Traction

Platforms is the fastest-growing pillar with strong traction; Unified Commerce showed real strength across retail, food & beverage and hospitality, including a notable rollout with Starbucks in Europe.

Strong New-Customer Cohort in 2025

Management highlighted a particularly strong cohort of new customers added in 2025, which is expected to meaningfully ramp and support 2026 growth.

Regional Expansion Wins — Japan, India, Latin America, North America

Domestic merchant traction in Japan and growing interest in India from international customers were called out as important next phases; Latin America was the fastest-growing region in the half on a constant-currency basis; North America growth in 2H ex de minimis was described as above 30%.

Product Innovation — Dynamic Identification / Personalize

Dynamic Identification applied to product suite Uplift (Personalize) showed pilot results: ~6% higher conversion and ~3% lower cost for merchants; also helps reduce policy-abuse fraud by spotting behavior earlier.

Disciplined CapEx and Investment Discipline

CapEx remained about 5% of net revenue in H2 and management expects CapEx to remain at 5% or less of net revenue going forward while prioritizing automation and scalable processes.

Adyen (ADYEY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ADYEY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 13, 2026	2026 (Q2)	0.20 / -	0.177	―	―	―
Feb 12, 2026	2025 (Q4)	0.22 / 0.22	0.172	25.58% (+0.04)	―
Aug 14, 2025	2025 (Q2)	0.19 / 0.18	0.137	29.20% (+0.04)	―
Feb 13, 2025	2024 (Q4)	0.16 / 0.17	0.154	11.69% (+0.02)	―
Aug 15, 2024	2024 (Q2)	0.13 / 0.14	0.099	38.38% (+0.04)	―
Feb 08, 2024	2023 (Q4)	0.12 / 0.15	0.097	58.76% (+0.06)	―
Aug 17, 2023	2023 (Q2)	0.10 / 0.10	0.093	6.45% (<+0.01)	―
Feb 08, 2023	2022 (Q4)	0.11 / 0.10	0.097	0.00% (0.00)	―
Aug 18, 2022	2022 (Q2)	0.10 / 0.09	0.078	19.23% (+0.01)	―	―
Feb 09, 2022	2021 (Q4)	0.09 / 0.10	0.065	49.23% (+0.03)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ADYEY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 12, 2026	$13.71	$10.74	-21.70%
Aug 14, 2025	$17.17	$16.24	-5.42%
Feb 13, 2025	$16.37	$18.83	+15.03%
Aug 15, 2024	$12.56	$14.01	+11.50%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Adyen N.V. Unsponsored ADR (ADYEY) report earnings?

Adyen N.V. Unsponsored ADR (ADYEY) is schdueled to report earning on Aug 13, 2026, TBA (Confirmed).

What is Adyen N.V. Unsponsored ADR (ADYEY) earnings time?

Adyen N.V. Unsponsored ADR (ADYEY) earnings time is at Aug 13, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ADYEY EPS forecast?

ADYEY EPS forecast for the fiscal quarter 2026 (Q2) is 0.2.