Adyen Beats Q3 Forecasts with 23% Revenue Growth

Dutch payments company Adyen outperformed market expectations in the third quarter, reporting a 23% year-on-year rise in net revenue on a constant currency basis to €598.4 million ($697.9 million). Analysts had projected growth of around 21.1%, according to data from Visible Alpha.

The company’s performance was boosted by robust retail activity that kept transaction volumes high across markets. Adyen’s diverse client base and global footprint have continued to provide stability, helping it navigate changing consumer spending patterns and regional economic challenges.

However, the fintech firm is also feeling the impact of shifting trade policies, including new U.S. tariffs and the end of the “de minimis” exemption for packages valued under $800 — a change that has affected major e-commerce platforms like eBay, one of Adyen’s key clients.

As Adyen approaches the close of its current financial cycle, the company adjusted its growth outlook through 2026, now expecting annual net revenue to grow in the low-to-mid-twenties range, slightly narrowing from its previous target of low-to-high twenties.

Despite the tighter forecast, Adyen’s steady growth and strong fundamentals suggest that the company remains well-positioned in the global payments landscape, maintaining its edge amid industry-wide headwinds.