EVTC

MKT CAP:$2B

EVERTEC, Inc.

Market Cap

$2B

Technology·Software - Infrastructure·🇺🇸 United States·NYSE

Technology·Software Infra·🇺🇸·NYSE

Stock Price

$29.45+$0.77 (+2.68%)

Apr 24, 2026

Company Details

EVERTEC, Inc. engages in transaction processing business in Latin America and the Caribbean. The company operates through Payment Services - Puerto Rico & Caribbean; Payment Services - Latin America; Merchant Acquiring; Business Solutions, ...

CEO

Morgan Schuessler Jr.

IPO Date

Apr 12, 2013

Website

www.evertecinc.com

Key Metrics TTM

Revenue

$734M

+19.9% YoY

Net Income

$122M

EPS (Diluted)

$1.89

Free Cash Flow

$214M

Revenue / Share

$11.49

Gross Margin

39.0%

Operating Margin

21.7%

Net Margin

16.7%

FCF Margin

29.1%

P/S

2.5x

P/E

14.9x

Earnings Reports

Q1 2026

May 6, 2026

PENDING

FY 2025

Mar 2, 2026

$932MEPS $2.21

Q4 2025

Mar 2, 2026

$245MEPS $0.56

FY 2023

Feb 29, 2024

$695M+12.3%EPS $1.21

Q2 2023

Aug 1, 2023

$167M+4.1%EPS $0.43

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 19	$127M	$68M	$35M
Q1 20	$122M	$68M	$33M
Q2 20	$118M	$61M	$26M
Q3 20	$137M	$79M	$44M
Q4 20	$134M	$76M	$39M
Q1 21	$140M	$80M	$45M
Q2 21	$149M	$90M	$54M
Q3 21	$146M	$83M	$47M
Q4 21	$155M	$87M	$50M
Q1 22	$150M	$86M	$46M
Q2 22	$161M	$86M	$47M
Q3 22	$146M	$70M	$24M
Q4 22	$162M	$84M	$41M
Q1 23	$160M	$83M	$40M
Q2 23	$167M	$87M	$35M
Q4 25	$245M	$31M	$43M

Valuation

Quarter	P/S	P/E
Q4 19	3.7x	17.6x
Q1 20	3.7x	18.4x
Q2 20	3.7x	20.8x
Q3 20	3.6x	18.7x
Q4 20	3.6x	17.4x
Q1 21	3.4x	15.5x
Q2 21	3.3x	12.0x
Q3 21	3.2x	11.9x
Q4 21	3.1x	11.3x
Q1 22	3.0x	11.1x
Q2 22	3.0x	12.2x
Q3 22	3.0x	7.2x
Q4 22	2.9x	7.6x
Q1 23	2.9x	7.9x
Q2 23	2.9x	8.1x
Q4 25	2.5x	14.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 19	$44M	$34M
Q1 20	$34M	$25M
Q2 20	$53M	$50M
Q3 20	$34M	$27M
Q4 20	$78M	$66M
Q1 21	$35M	$3M
Q2 21	$77M	$64M
Q3 21	$64M	$51M
Q4 21	$53M	$44M
Q1 22	$68M	$53M
Q2 22	$60M	$55M
Q3 22	$29M	$13M
Q4 22	$64M	$37M
Q1 23	$55M	$41M
Q2 23	$72M	$64M
Q4 25	$77M	$71M

Capital Expenditures

Quarter	CapEx
Q4 19	$10M
Q1 20	$9M
Q2 20	$3M
Q3 20	$7M
Q4 20	$12M
Q1 21	$31M
Q2 21	$13M
Q3 21	$13M
Q4 21	$9M
Q1 22	$14M
Q2 22	$4M
Q3 22	$16M
Q4 22	$27M
Q1 23	$13M
Q2 23	$7M
Q4 25	$6M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 19	+7.6%	+3.3%
Q1 20	+2.6%	+9.5%
Q2 20	-3.8%	+8.8%
Q3 20	+14.9%	+10.3%
Q4 20	+5.5%	+2.6%
Q1 21	+14.4%	+6.0%
Q2 21	+26.5%	+2.7%
Q3 21	+6.9%	+6.7%
Q4 21	+15.7%	+10.6%
Q1 22	+7.7%	+10.2%
Q2 22	+7.7%	+20.1%
Q3 22	-0.1%	+23.4%
Q4 22	+4.2%	+15.1%
Q1 23	+6.4%	+14.9%
Q2 23	+4.1%	+16.1%
Q4 25	+67.9%	+65.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 19	$3M	2.7%
Q1 20	$3M	2.9%
Q2 20	$4M	3.1%
Q3 20	$0	0.0%
Q4 20	$3M	2.6%
Q1 21	$3M	2.4%
Q2 21	$4M	2.6%
Q3 21	$4M	2.5%
Q4 21	$4M	2.5%
Q1 22	$4M	2.8%
Q2 22	$5M	3.2%
Q3 22	$5M	3.6%
Q4 22	$5M	3.2%
Q1 23	$6M	3.5%
Q2 23	$6M	3.9%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q4 19	$16M
Q1 20	$17M
Q2 20	$18M
Q3 20	$17M
Q4 20	$19M
Q1 21	$16M
Q2 21	$17M
Q3 21	$17M
Q4 21	$18M
Q1 22	$20M
Q2 22	$20M
Q3 22	$26M
Q4 22	$23M
Q1 23	$24M
Q2 23	$30M
Q4 25	$45.2B

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q4 19	7.6%	41.1%	48.7
Q1 20	2.6%	42.1%	44.7
Q2 20	-3.8%	37.4%	33.7
Q3 20	14.9%	47.7%	62.6
Q4 20	5.5%	44.6%	50.1
Q1 21	14.4%	46.5%	60.9
Q2 21	26.5%	51.0%	77.5
Q3 21	6.9%	45.8%	52.7
Q4 21	15.7%	46.3%	61.9
Q1 22	7.7%	46.4%	54.1
Q2 22	7.7%	41.6%	49.2
Q3 22	-0.1%	118.8%	118.8
Q4 22	4.2%	38.0%	42.2
Q1 23	6.4%	37.3%	43.6
Q2 23	4.1%	38.4%	42.4
Q4 25	67.9%	38.2%	106.1

Rule of 40

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$284M	$0	$284M
Q2 22	$288M	$0	$288M
Q3 22	$225M	$0	$225M
Q4 22	$185M	$0	$185M
Q1 23	$174M	$0	$174M
Q2 23	$192M	$0	$192M
Q3 23	$178M	$0	$178M
Q4 23	$296M	$0	$296M
Q1 24	$294M	$0	$294M
Q2 24	$258M	$0	$258M
Q3 24	$275M	$0	$275M
Q4 24	$274M	$0	$274M
Q1 25	$266M	$0	$266M
Q2 25	$291M	$0	$291M
Q3 25	$500M	$0	$500M
Q4 25	$332M	$0	$332M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 19	73M	-0.0%	-1.9%
Q1 20	73M	-0.0%	-0.6%
Q2 20	73M	-0.7%	-0.7%
Q3 20	73M	+0.3%	-0.4%
Q4 20	73M	+0.2%	-0.2%
Q1 21	73M	-0.3%	-0.5%
Q2 21	73M	-0.2%	+0.1%
Q3 21	73M	+0.1%	-0.2%
Q4 21	73M	+0.1%	-0.2%
Q1 22	73M	-0.2%	-0.1%
Q2 22	72M	-1.0%	-0.9%
Q3 22	67M	-7.1%	-8.0%
Q4 22	66M	-1.8%	-9.8%
Q1 23	66M	-0.3%	-9.9%
Q2 23	66M	-0.2%	-9.2%
Q4 25	64M	-2.6%	-4.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 19	$55.3K	2K
Q1 20	$53.0K	2K
Q2 20	$51.3K	2K
Q3 20	$59.4K	2K
Q4 20	$53.7K	3K
Q1 21	$55.8K	3K
Q2 21	$59.7K	3K
Q3 21	$58.4K	3K
Q4 21	$62.1K	3K
Q1 22	$60.1K	3K
Q2 22	$64.2K	3K
Q3 22	$58.3K	3K
Q4 22	$59.9K	3K
Q1 23	$59.2K	3K
Q2 23	$61.9K	3K
Q4 25	$46.0K	5K

Revenue / Employee