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Adyen Company Profile: Revenue, Business Model & Strategy

Research depth: 12 milestones · 9 FAQs

Adyen reported ~$2.67 billion (€2.3642 billion) of net revenue for fiscal 2025, up 18%. It separately processed ~$1.58 trillion (€1.3943 trillion) of payment volume. Pieter van der Does and Ingo Uytdehaage are co-CEOs.

How Adyen makes money: Adyen earns net revenue from processing and settlement fees and from other services delivered through its platform. Interchange, scheme fees, and costs from financial institutions are generally passed through and are…

Annual Revenue (FY2025)~$2.7B
Employees4,771
CEOPieter van der Does and Ingo Uytdehaage
Founded2006
IndustryFinancial Technology and Payment Processing
By Swet ParvadiyaLast reviewed:
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Adyen N.V. key figures

Adyen N.V. had revenue of ~$2.7B for fiscal year 2025, up 17.3% from FY2024. Net income was ~$1.2B, a net margin of 44.9%.

Source: Adyen FY2025 Annual Report and H2 2025 results · Last reviewed September 2026

Revenue growth, FY2017 to FY2025
+34.7% a year
Compound annual rate, ~$246.3M to ~$2.7B
Peak revenue year
FY2025
The latest annual year is the highest in this series
Revenue per employee
~$559,955
FY2025 revenue divided by 4,771 employees; headcount may use another date
Current co-chief executives
Pieter van der Does and Ingo Uytdehaage
Pieter van der Does since 2006 (20 yr); Ingo Uytdehaage since 2023 (3 yr)
Documented transactions
3
Between 2026 and 2026
Founded
2006
20 years ago
Where was Adyen founded?
Adyen was founded in Amsterdam, Netherlands in 2006.
When did Adyen start?
Adyen was founded in 2006.
How old is Adyen?
Adyen is 20 years old as of 2026.
In-Depth Analysis
435 words · 3 min read

What Adyen does

Adyen supports online, in-app, and in-person payments. Its platform combines gateway services, risk management, processing, acquiring, settlement, and financial products. The company serves merchants across three commercial pillars: Digital, Unified Commerce, and Platforms.

Net revenue is not processed volume

Adyen uses net revenue as its primary top-line performance measure. Net revenue reflects revenue after specified costs from financial institutions are deducted. Processed volume measures the total value of payments handled and is much larger. In 2025, net revenue was ~$2.67 billion (€2.3642 billion), processed volume was ~$1.58 trillion (€1.3943 trillion), EBITDA was ~$1.41 billion (€1.2457 billion), and the EBITDA margin was 53%.

Founding and headquarters

Adyen was founded in Amsterdam in 2006 by a group of payments entrepreneurs including Pieter van der Does and Arnout Schuijff. The founders had worked in payments before Adyen and wanted to replace fragmented systems with technology built from the ground up. Adyen remains headquartered in Amsterdam.

Leadership

Adyen is led by co-CEOs Pieter van der Does and Ingo Uytdehaage. Uytdehaage, previously Adyen's CFO, became co-CEO in 2023. Van der Does was reappointed to the Management Board in 2026. Following Ethan Tandowsky's departure, Hwa Tsao became interim CFO effective September 1, 2026.

IPO and public listing

Adyen began trading on Euronext Amsterdam under the symbol ADYEN on June 13, 2018. The offer price was €240 per share, implying a ~$8.02 billion (€7.1 billion) market capitalization at listing.

Platform expansion

Adyen expanded from digital payments into in-person payments and Unified Commerce, then added issuing, accounts, and capital products for platforms. In 2025 it operated Adyen Uplift at scale, using platform intelligence to optimize conversion, fraud risk, and transaction costs.

Acquisitions

Adyen completed its acquisitions of Talon.One and Orb on July 1, 2026. Talon.One adds loyalty, promotions, and real-time incentive decisioning; its announced consideration was ~$847 million (€750 million). Orb adds enterprise usage-based billing and was acquired for $335 million. Earlier profile rows naming Posnet, Payvision, and an unknown startup as Adyen acquisitions were unsupported and have been removed.

Workforce and outlook

Adyen ended 2025 with 4,771 employees. At its August 2026 update, it reported 5,020 employees and guided to 21% to 23% constant-currency net revenue growth for 2026, including acquisition contributions. Guidance is forward-looking and not an achieved result.

Adyen N.V. Key Facts

CompanyAdyen N.V.
Annual revenue change+17.3% (FY2024–FY2025)
Financials~$2.7B (FY2025, last reviewed September 2026)
Market Cap$28.1B
FY2025 net income~$1.2B
Last reviewedBy Swet Parvadiya, Founder & Editor - September 2026
Founded2006
Founder(s)Pieter van der Does, Arnout Schuijff
CEOPieter van der Does and Ingo Uytdehaage
HeadquartersAmsterdam, Netherlands
IndustryFinancial Technology and Payment Processing
Employees4,771+

Adyen Company Profile: Revenue, Business Model & Strategy

"Adyen generated ~$2.67 billion (€2.3642 billion) of net revenue in 2025 while processing ~$1.58 trillion (€1.3943 trillion) of payment volume, illustrating why the two measures should not be treated as the same top-line figure."

Why Adyen N.V. Wins

Adyen offers one integration across online, mobile, and in-person payments, supported by direct acquiring capabilities and a shared data layer. Its merchant relationships can expand across regions, channels, and products without replacing the core platform.

Adyen N.V. operates in a competitive market alongside Stripe, Inc., PayPal Holdings, Inc., Block Inc. Analysts frequently compare Adyen N.V. and Stripe, Inc. due to their overlapping products, target markets, and strategic positioning. See full comparison →

Adyen reported ~$2.67 billion (€2.3642 billion) of net revenue for fiscal 2025, up 18%. It separately processed ~$1.58 trillion (€1.3943 trillion) of payment volume. Pieter van der Does and Ingo Uytdehaage are co-CEOs.

Revenue

~$2.7B

Founded

2006

Employees

5K+

Market Cap

$28.1B

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Research Profile

Our analysts compile business strategy profiles from public financial filings, press releases, and analyst reports. Each profile is reviewed for accuracy before publication by our editorial desk and updated on a rolling basis.

Frequently Asked Questions About Adyen

What was Adyen's revenue in 2025?

Adyen reported ~$2.67 billion (€2.3642 billion) of net revenue for 2025, up 18%. It separately reported ~$1.58 trillion (€1.3943 trillion) of processed volume; processed volume is not revenue.

Who founded Adyen?

Adyen was founded in Amsterdam in 2006 by a group of payments entrepreneurs including Pieter van der Does and Arnout Schuijff.

Who leads Adyen?

Pieter van der Does and Ingo Uytdehaage are Adyen's co-CEOs. The co-CEO structure was approved in 2023 and remained in place in 2026.

Where is Adyen headquartered?

Adyen is headquartered in Amsterdam, Netherlands. Its registered seat is at Simon Carmiggeltstraat 6-50, 1011 DJ Amsterdam.

How many employees does Adyen have?

Adyen ended 2025 with 4,771 employees. Its reported headcount increased to 5,020 by June 30, 2026.

When did Adyen go public?

Adyen began trading on Euronext Amsterdam under ADYEN on June 13, 2018. The offering was priced at €240 per share.

Has Adyen made acquisitions?

Yes. Adyen completed its acquisitions of loyalty platform Talon.One and enterprise billing platform Orb on July 1, 2026. The announced considerations were ~$847 million (€750 million) and $335 million, respectively.

What is Adyen used for?

Adyen is a payment gateway and processing company that allows businesses to accept e-commerce, mobile, and point-of-sale payments.

Analysis: How Adyen N.V. Makes Money

Deep dive into the Adyen N.V. business model, revenue streams, and strategic moats in 2026.

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3. Multi-Pass Audit

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Swet Parvadiya
SEC filings & public records methodology
Sourced from public financial records

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