10-K · March 2, 2026
Evertec delivered mid‑single‑digit top‑line growth in 2025 (quarterly revenue run‑rate totals $939.0M) while executing on inorganic expansion in Brazil (completed purchase of 75% of Tecnobank on October 1, 2025). The…
Earnings analysis · 10-Q
EVTC earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Evertec reported Q1 2026 results with revenues of $247.9 million, an 8% increase year-over-year, but slightly below analysts' expectations. The diluted EPS came in at $0.90, surpassing estimates of $0.89, while gross…
Read full summary
Evertec reported Q1 2026 results with revenues of $247.9 million, an 8% increase year-over-year, but slightly below analysts' expectations. The diluted EPS came in at $0.90, surpassing estimates of $0.89, while gross margin declined to 51.2%. Management highlighted organic growth across all segments and the impact of recent acquisitions as significant contributors to revenue growth, although business solutions showed a decline due to a pricing change.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.9
- Segment
- Payment Services - Puerto Rico & Caribbean
- Segment
- Latin America Payments and Solutions
- Segment
- Merchant Acquiring
- Segment
- Business Solutions
What stood out
-
Solid Revenue Growth YoY
Q1 2026 revenue increased by 8% YoY to $247.9 million, up from $228.8 million in Q1 2025.
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EPS Beat Consensus
Diluted EPS for Q1 2026 was $0.90, exceeding the estimated $0.89.
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Segment Growth in Key Areas
Latin America Payments revenue surged by $26.6 million YoY to $110.3 million, driven by the Tecnobank acquisition.
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Improvement in Business Solutions Margins
Business Solutions segment EBITDA margin increased to 36.3%, up from 33.9% in the prior year.
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Increased Operating Costs
Total operating costs rose to $203.4 million, compared to $179.3 million in the same period in 2025.
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Cash Flow Health
Operating cash flow stood at $31.2 million, although down from $37.6 million in the prior year.
What to watch
-
Declining Business Solutions Revenue
Business Solutions revenue decreased by $6.0 million year-over-year to $59.5 million due to a revised discount structure.
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Rising Operating Expenses
Operating expenses increased by 13% YoY, impacting the overall bottom line.
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Foreign Currency Remeasurement Losses
Foreign currency losses worsened to $3.7 million from $0.8 million due to volatility in exchange rates.
Management's outlook
Management raised guidance for full-year revenue and EPS, anticipating growth driven by strategic acquisitions and regional demand.
Earlier filings 4
10-Q · July 31, 2025
EVERTEC reported Q2 2025 revenues of $229,607 and diluted EPS of $0.62, up from $211,978 and $0.49 in Q2 2024. Income from operations rose to $56,134 from $43,360 year-over-year, driving improved operating margin…
10-Q · November 8, 2024
EVERTEC reported Q3 revenue of $211,795,000 and diluted EPS of $0.38 for the quarter ended September 30, 2024. Revenue rose vs. Q3 2023 ($173,198,000) and net income attributable to common stockholders increased to…
10-Q · August 1, 2024
Evertec reported Q2 revenue of $211,978,000 and diluted EPS of $0.49 for the three months ended June 30, 2024, with operating income rising to $43,360,000. Revenue and operating income increased versus the year-ago…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.