Business · Companies · 2 hrs ago
Adyen reports stronger sales growth but lowers margin target
Adyen’s third-quarter revenue rose 22% to €738 million, slightly above analysts’ expectations.
The Dutch payments company also processed 30% more payment volume, reaching €451 billion, with growth led by its Digital and Platforms divisions.
Adyen kept its 2026 revenue growth target at 21% to 23%.
But it lowered its expected 2026 EBITDA margin to about 50%, from about 52%, because it plans to invest more in recently acquired Talon.One and Orb.
Adyen dropped its 2028 margin ambition of 55%, while analysts said the change puts more emphasis on growing revenue.
The company also reported encouraging signs at the acquisitions, including new payment volumes coming through Orb’s customer base.
Adyen shares opened nearly 12% lower after the update.
Adyen’s processed payment volume rose 30% to €451 billion in the third quarter.
Revenue increased 22% at constant exchange rates to €738 million, one percent above analysts’ consensus.
The company maintained its 2026 revenue growth target of 21% to 23% at constant exchange rates.
Adyen lowered its 2026 EBITDA margin target to about 50% from about 52%, citing higher investment in recent acquisitions Talon.One and Orb.
Adyen shares opened almost 12% lower.
- Who
- Adyen, the payments company.
- What
- Processed payment volume rose 30% to €451 billion in the third quarter, while revenue grew 22% at constant exchange rates.
- When
- The results and targets were reported on Wednesday, October 28, 2026.
- Where
- Not stated.
- Why
- Payment volume growth was driven by the Digital and Platforms divisions. Higher investment in Talon.One and Orb led Adyen to lower its EBITDA margin target.
This story does not have two clearly opposing sides.
Adyen processed €451 billion in payment volume, up 30%, and reported revenue of €738 million, up 22% at constant exchange rates.
Adyen maintained its 2026 revenue growth target and lowered its EBITDA margin target to about 50%.
Adyen shares opened almost 12% lower.
- Third-quarter payment volume
- €451 billion, up 30%
- Third-quarter revenue
- €738 million, up 22% at constant exchange rates
- 2026 revenue growth target
- 21% to 23% at constant exchange rates
- 2026 EBITDA margin target
- About 50%, down from about 52%
- Recent acquisitions
- Talon.One and Orb