Adyen falls after H2 2025 earnings report

Dutch payments giant Adyen‘s stock is down as much as 20% after the company reported its earnings for the second half of 2025.

It reported net revenue had increased 17% year-on-year on a reported basis, hitting 1.27 billion euros ($1.51 billion), with both EMEA and North America growing 17% each.

The stock was down 18.3% as of 9.37 a.m. local time.

But those gains were “moderated by slower growth” from APAC-headquartered online retailers and a weaker U.S. dollar, the company said.

Net revenue from APAC clients accelerated slightly to 14% growth, which Adyen reported was mostly driven by deepened relationships with existing customers.

The share price plunge could be the company’s biggest single-day drop since a 39% fall in August 2023.

This is a developing story. Refresh for updates.