Nayax Q2 revenue up 28% to $123 million

Earnings
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Summary · why it matters

Nayax reported second-quarter revenue of approximately $123 million, up 28% year over year, with adjusted EBITDA of $14 million. The company reaffirmed its full-year 2026 revenue guidance of $510 million to $520 million and adjusted EBITDA of $85 million to $90 million, but lowered its free cash flow conversion outlook to 5% to 10% of adjusted EBITDA due to accelerated investments in EV charging, financial services, and component sourcing. Nayax also announced it has filed an application with the Connecticut Department of Banking to establish Nayax American Bank, a nondepository innovation bank, with a review expected to take about six months. The company's installed base grew to more than 1.55 million devices and its customer base reached 125,000, while total transaction value rose 29% to $2.1 billion.

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Q2 revenue up 28% and reaffirmed guidance, though FCF outlook lowered.

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