ADYEY - Adyen N.V. (ADYEY) Q1 2025 Earnings Call Transcript
2025-04-30 12:51:05 ET
Adyen N.V. (ADYEY)
Q1 2025 Results Conference Call
April 30, 2025 09:00 AM ET
Company Participants
Maggie O’Donnell - Investor Relations
Ethan Tandowsky - Chief Financial Officer
Conference Call Participants
Mohammed Moawalla - Goldman Sachs
Adam Wood - Morgan Stanley
Justin Forsythe - UBS
Harshita Rawat - Bernstein
Hannes Leitner - Jefferies
Fred Boulan - Bank of America
Darrin Peller - Wolfe Research
Andrew Bauch - Wells Fargo
Sven Merkt - Barclays
Josh Levin - Autonomous
Pavan Daswani - Citi
Adam Frisch - Evercore
Alex Faure - BNP Paribas
Presentation
Maggie O’Donnell
Good afternoon, everyone, and thank you for joining Adyen’s Q1 2025 Business Update Call. My name is Maggie O’Donnell, I’m part of the Investor Relations team, and I’m happy to be joined today by Ethan, our CFO.
In today’s call, we’ll discuss Adyen’s financial and business updates from the quarter, followed by a Q&A segment. As the session will be slightly shorter than our half yearly earnings presentation, we ask you to keep your questions to a maximum of two per person so that we can respond to as many of you as possible.
When submitting your questions, please use the Zoom Q&A functionality rather than the raised hand option. And as always, we ask that you include your full name and the firm you represent when submitting your questions.
With that, let’s get started.
Question-and-Answer Session
A - Maggie O’Donnell
Ethan, what are your key takeaways from the quarter?
Ethan Tandowsky
Yes, sure. Thanks, Maggie. During the first few months of this year, we saw solid growth in line with our expectations, mostly driven by continued wallet share gains with our existing customers. This can be seen in our net revenue growing 22% year over year. Our growth this quarter was broad based, reflecting an increasing diversification not only across pillars but also across regions, with Europe and North America growing the fastest.
All in all, we’re pleased with our progress and confident in the direction that we’re heading.
Maggie O’Donnell
Thanks, Ethan. That’s helpful context. Can you give us the key takeaways for the pillars in Q1?...
Adyen N.V. (ADYEY) Q1 2025 Earnings Call Transcript