Adyen Drops 2028 EBITDA Margin Target, Lowers 2026 Margin Outlook
Adyen dropped its target for an EBITDA margin above 55% by 2028 as it accelerates investment. Third-quarter 2026 net revenue rose 23%, or 22% at constant currency. It maintained 2026 revenue growth guidance of 21% to 23% and now expects an EBITDA margin of approximately 50%, versus its previous target of around 52%.