Euronet Worldwide

Q2 FY2026 EarningsQ2 FY26 results missed consensus on the top and bottom lines: revenue $1.11B vs. $1.14B expected, and normalized EPS $2.54 vs. $2.94 expected. While Payments Infrastructure (PI) and epay segments grew 11% and 5% YoY respectively, the Cross-Border Payments (CBP) segment struggled with a 4% revenue decline and 34% operating income drop due to new U.S. immigration policies and remittance taxes. The effective tax rate spiked to 37.6% (vs. ~30.4% expected), further pressuring net income despite lower interest expenses from debt restructuring.