Adyen publishes Q1 2025 Business Update

“Our results so far this year underscore the strength of our strategy and the value we deliver to our customers. We saw solid momentum across regions and pillars, with continued wallet share gains from a broader, more diversified customer base, reflecting the effectiveness of our commercial strategy and execution,” said Ethan Tandowsky, CFO.

“While increased uncertainty in the broader macro environment plays a role, we’re focused on what we can control: deepening relationships with existing customers and onboarding new ones. We’re confident in our ability to navigate this dynamic landscape and deliver on our long-term goals.”

Highlights for the first quarter of 2025

• Net revenue was €534.7 million, up 22% year-over-year (“YoY”) (up 21% on a constant currency basis).

• Processed volume was €314.8 billion, up 6% YoY, or up 25% YoY excluding the previously referenced single large-volume customer.

• Unified Commerce net revenue reached €158.8 million, up 31% YoY, showing strong growth fueled by an increasingly diversified customer base across different verticals.

• Platforms net revenue reached €55.5 million, up 63% YoY, reflecting strong underlying momentum in the SaaS segment.

• Digital net revenue reached €320.4 million, up 13% YoY, driven by solid momentum in verticals such as content & subscriptions.

This press release highlights key information and results from Adyen’s Q1 2025 Business Update. Our full Q1 2025 financial results including our outlook for 2025 and beyond, can be found here. Today, at 3 PM CEST, Adyen will host a Business Update call with our CFO, Ethan Tandowsky. You can access the livestream here. An audio recording will be made available shortly after on the same webpage.

About Adyen

Adyen (ADYEN:AMS) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft.

The information in this press release and the Q1 2025 Business Update is unaudited.

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