Dutch payment processor Adyen announced on Thursday that its net revenue for the second half of 2025 reached €1.27 billion (approximately $1.51 billion), representing a year-on-year increase of 21% at constant currency rates. This performance capped off a year of solid growth, with the company outpacing struggling European competitors and further strengthening its market position against U.S. giants PayPal and Stripe.

The fintech firm's full-year revenue also grew by 21%, reaching €2.36 billion. Driven by an increased share of payments from existing clients and strict cost control measures, its core profit margin—measured as EBITDA as a percentage of revenue—rose from 50% last year to 53%.

Adyen projected a revenue growth rate of 20% to 22% for 2026 and stated its goal of increasing its EBITDA margin to above 55% by 2028.

The Amsterdam-based company continues to expand its advantage in the unified commerce sector. As partnerships with key clients such as Starbucks and Uber deepened, the transaction volume processed through its in-person payment terminals in the second half of the year totaled €173 billion, a 26% increase compared to the same period last year.