EVERTEC (EVTC) Revenue & Revenue Breakdown


OverviewForecastFinancialsChart

EVERTEC Revenue Highlights


Latest Revenue (Y)

$694.71M

Latest Revenue (Q)

$211.79M

Main Segment (Y)

Payment Processing

Main Geography (Y)

PUERTO RICO

EVERTEC Revenue by Period


EVERTEC Revenue by Year

DateRevenueChange
2023-12-31$694.71M12.34%
2022-12-31$618.41M4.85%
2021-12-31$589.80M15.51%
2020-12-31$510.59M4.76%
2019-12-31$487.37M7.38%
2018-12-31$453.87M11.48%
2017-12-31$407.14M4.53%
2016-12-31$389.51M4.46%
2015-12-31$372.88M3.26%
2014-12-31$361.13M1.09%
2013-12-31$357.24M4.55%
2012-12-31$341.68M6.40%
2011-12-31$321.12M-

EVERTEC generated $694.71M in revenue during NA 2023, up 12.34% compared to the previous quarter, and up 153.06% compared to the same period a year ago.

EVERTEC Revenue by Quarter

DateRevenueChange
2024-09-30$211.79M-0.09%
2024-06-30$211.98M3.24%
2024-03-31$205.32M5.50%
2023-12-31$194.62M12.37%
2023-09-30$173.20M3.66%
2023-06-30$167.08M4.54%
2023-03-31$159.81M-1.22%
2022-12-31$161.79M10.96%
2022-09-30$145.80M-9.20%
2022-06-30$160.57M6.87%
2022-03-31$150.25M-3.21%
2021-12-31$155.24M6.41%
2021-09-30$145.88M-2.19%
2021-06-30$149.15M6.89%
2021-03-31$139.53M3.97%
2020-12-31$134.20M-1.69%
2020-09-30$136.51M15.75%
2020-06-30$117.94M-3.28%
2020-03-31$121.94M-4.12%
2019-12-31$127.19M7.06%
2019-09-30$118.80M-3.06%
2019-06-30$122.55M3.12%
2019-03-31$118.84M0.51%
2018-12-31$118.23M5.55%
2018-09-30$112.02M-1.17%
2018-06-30$113.35M2.79%
2018-03-31$110.27M10.69%
2017-12-31$99.63M-3.01%
2017-09-30$102.72M-0.76%
2017-06-30$103.51M2.20%
2017-03-31$101.28M-0.60%
2016-12-31$101.89M7.86%
2016-09-30$94.47M-3.28%
2016-06-30$97.67M2.30%
2016-03-31$95.48M-0.06%
2015-12-31$95.53M2.97%
2015-09-30$92.78M-0.50%
2015-06-30$93.24M2.09%
2015-03-31$91.33M-3.00%
2014-12-31$94.16M6.22%
2014-09-30$88.64M-2.72%
2014-06-30$91.12M4.48%
2014-03-31$87.21M-6.54%
2013-12-31$93.31M6.75%
2013-09-30$87.41M-1.97%
2013-06-30$89.17M2.10%
2013-03-31$87.34M-4.01%
2012-12-31$90.98M8.52%
2012-09-30$83.84M-0.63%
2012-06-30$84.37M2.28%
2012-03-31$82.49M-

EVERTEC generated $211.79M in revenue during Q3 2024, up -0.09% compared to the previous quarter, and up 126.77% compared to the same period a year ago.

EVERTEC Revenue Breakdown


EVERTEC Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Payment Processing$52.90M$49.50M$42.40M$39.00M-
Software Sale And Developments$17.10M$14.50M$9.20M$9.00M$6.70M
Transaction Processing And Monitoring Fees$14.30M$10.70M$7.60M--

EVERTEC's latest annual revenue breakdown by segment (product or service), as of Dec 23: Payment Processing (62.75%), Software Sale And Developments (20.28%), and Transaction Processing And Monitoring Fees (16.96%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Software Sale And Developments$5.50M$5.20M$4.10M$4.30M$4.40M$4.40M$4.00M$3.80M$3.70M$3.70M$3.30M$2.60M$2.40M$1.90M$2.30M$2.50M$2.60M$2.30M$1.60M$1.80M
Payment Processing$14.40M$14.20M$14.60M$13.00M$13.50M$13.40M$13.00M$13.00M$12.30M$13.30M$10.90M$11.20M$10.80M$10.70M$9.20M$9.00M$10.00M---
Transaction Processing and Monitoring Fees$3.70M$5.20M$4.50M$3.70M$3.30M$2.90M$2.80M$2.50M$2.60M$2.20M$1.70M$1.20M--------
Transaction Processing And Monitoring Fees-------$2.80M$2.50M-----------

EVERTEC's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Payment Processing (61.02%), Software Sale And Developments (23.31%), and Transaction Processing and Monitoring Fees (15.68%).

EVERTEC Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Caribbean$20.05M$22.97M$18.92M$14.87M$15.95M
PUERTO RICO$505.25M$481.68M$473.65M$418.15M$392.63M
Latin America$169.41M$113.76M$97.23M$77.56M$78.80M

EVERTEC's latest annual revenue breakdown by geography, as of Dec 23: PUERTO RICO (72.73%), Latin America (24.39%), and Caribbean (2.89%).

Quarterly Revenue by Country

CountrySep 23Jun 23Mar 23Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Sep 19Jun 19Mar 19Sep 18Jun 18Mar 18
Payment Services - Latin America$46.16M$39.08M$35.32M$33.74M$30.78M$28.78M$26.79M$25.84M$25.01M$21.24M$19.80M$46.98M$44.88M$46.48M$44.38M$18.91M$19.24M$20.39M

EVERTEC's latest quarterly revenue breakdown by geography, as of Sep 23: Payment Services - Latin America (100.00%).

EVERTEC Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ACIWACI Worldwide$1.45B$451.75M
CSGSCSG Systems$1.17B$295.14M
EVTCEVERTEC$694.71M$211.79M
EVCMEverCommerce$675.37M$176.26M
GBGlobal Blue Group$422.30M$131.96M
CCSIConsensus Cloud Solutions$362.56M$87.75M

EVTC Revenue FAQ


What is EVERTEC’s yearly revenue?

EVERTEC's yearly revenue for 2023 was $694.71M, representing an increase of 12.34% compared to 2022. The company's yearly revenue for 2022 was $618.41M, representing an increase of 4.85% compared to 2021. EVTC's yearly revenue for 2021 was $589.8M, representing an increase of 15.51% compared to 2020.

What is EVERTEC’s quarterly revenue?

EVERTEC's quarterly revenue for Q3 2024 was $211.8M, a -0.09% decrease from the previous quarter (Q2 2024), and a 22.28% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $211.98M, a 3.24% increase from the previous quarter (Q1 2024), and a 26.88% increase year-over-year (Q2 2023). EVTC's quarterly revenue for Q1 2024 was $205.32M, a 5.50% increase from the previous quarter (Q4 2023), and a 28.47% increase year-over-year (Q1 2023).

What is EVERTEC’s revenue growth rate?

EVERTEC's revenue growth rate for the last 3 years (2021-2023) was 17.79%, and for the last 5 years (2019-2023) was 42.54%.

What are EVERTEC’s revenue streams?

EVERTEC's revenue streams in c 23 are Payment Processing, Software Sale And Developments, and Transaction Processing And Monitoring Fees. Payment Processing generated $52.9M in revenue, accounting 62.75% of the company's total revenue, up 6.87% year-over-year. Software Sale And Developments generated $17.1M in revenue, accounting 20.28% of the company's total revenue, up 17.93% year-over-year. Transaction Processing And Monitoring Fees generated $14.3M in revenue, accounting 16.96% of the company's total revenue, up 33.64% year-over-year.

What is EVERTEC’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of EVERTEC was Payment Processing. This segment made a revenue of $52.9M, representing 62.75% of the company's total revenue.