Euronet Worldwide (EEFT) financial statements

Technology · Software - Infrastructure · Market cap $2.4B

Euronet Worldwide reported revenue of $4.2B in fiscal 2025, up 9.0% a year over 9 years.

Net income was $310M and the operating margin 12.5%, against 12.8% in 2016.

Free cash flow was $434M.

The diluted share count fell 15% over the period (buybacks).

Revenue and free cash flow

Fiscal years, $ billions.

02462016201720182019202020212022202320242025RevenueFree cash flow
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Income statement

Fiscal years, from Euronet Worldwide's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Revenue$2.0B$2.3B$2.5B$2.8B$2.5B$3.0B$3.4B$3.7B$4.0B$4.2B
Cost of revenue$1.2B$1.4B$1.5B$1.6B$1.6B—————
Gross profit$784M$896M$1.0B$1.2B——————
Selling, general and admin$165M$190M$217M$212M$222M$252M$285M$297M$315M$372M
Operating income$250M$266M$358M$475M$47M$184M$385M$433M$503M$530M
Interest expense$28M$33M$38M$36M$37M$38M$38M$56M$80M$84M
Pre-tax income$233M$256M$295M$434M$8M$136M$323M$400M$449M$448M
Income tax$59M$99M$63M$87M$11M$65M$92M$121M$143M$135M
Net income$174M$157M$233M$347M-$3M$71M$231M$280M$306M$310M
EPS (diluted)$3.23$2.85$4.26$6.31-$0.06$1.32$4.41$5.50$6.45$6.84
Diluted shares54M55M55M55M53M54M53M52M48M46M
Gross margin40.0%39.8%41.3%43.4%——————
Operating margin12.8%11.8%14.1%17.3%1.9%6.1%11.5%11.7%12.6%12.5%
Net margin8.9%7.0%9.2%12.6%-0.1%2.4%6.9%7.6%7.7%7.3%

Balance sheet

Fiscal years, from Euronet Worldwide's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Cash and short-term investments$734M$819M$385M$786M$1.4B$1.3B$1.1B$1.3B$1.3B$1.0B
Receivables$503M$745M$203M$202M$118M$203M$271M$371M$285M$334M
Inventory$78M$96M————————
Total current assets$1.6B$1.9B$2.1B$2.9B$3.4B$3.3B$3.7B$4.2B$4.0B$4.3B
Property, plant and equipment$202M$268M$292M$360M$378M$345M$337M$332M$330M$375M
Goodwill$690M$717M$704M$744M$666M$642M$828M$848M$859M$1.0B
Total assets$2.7B$3.1B$3.3B$4.7B$4.9B$4.7B$5.4B$5.9B$5.8B$6.5B
Total current liabilities$1.2B$1.4B$1.4B$1.6B$1.9B$1.9B$2.4B$2.7B$3.2B$3.9B
Long-term debt$562M$404M$590M$1.1B$1.4B$1.4B$1.6B$1.7B$1.1B$1.0B
Total liabilities$1.8B$1.9B$2.1B$3.1B$3.5B$3.5B$4.2B$4.6B$4.6B$5.2B
Shareholders' equity$900M$1.2B$1.2B$1.6B$1.4B$1.3B$1.2B$1.2B$1.2B$1.3B
Net debt-$141M-$374M$243M$311M$18M$160M$478M$1.3B$668M$980M

Cash flow

Fiscal years, from Euronet Worldwide's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Operating cash flow$392M$286M$397M$504M$254M$406M$748M$643M$733M$560M
Capital spending$87M$97M$112M$131M$98M$92M$104M$94M$117M$126M
Free cash flow$304M$189M$285M$373M$156M$314M$644M$549M$616M$434M
Stock-based compensation$15M$16M$17M$21M$22M$36M$44M$54M$44M$55M
Share buybacks (net)-$77M-$3M-$178M-$74M-$242M-$230M-$176M———
Net borrowing$7M$2M$9M$1.1B-$54M-$49M$1M-$303M$137M-$18M
Free cash flow margin15.5%8.4%11.2%13.6%6.3%10.5%19.2%14.9%15.4%10.2%
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Questions

What was Euronet Worldwide's revenue in 2025?

$4.2B in fiscal 2025, from its 10-K filing.

How much free cash flow does Euronet Worldwide generate?

$434M in fiscal 2025 (operating cash flow minus capital spending).

From Euronet Worldwide's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.