Checkout.com said on September 29, 2026, that its annualized net revenue had reached $750 million, up 28% year over year on a trailing 12-month basis. The London-based payment processor expects about $150 million in adjusted EBITDA for full-year 2026, “with expanding profit margins,” and $480 billion in total payment volume at group level.
The privately held company released what Tech.eu called “selective group financial figures,” not full accounts, and gave no valuation. It emphasized profitability instead, which it says it reached in 2024 and has sustained since.
A run rate built on August revenue
The $750 million is a run rate: Checkout.com’s August revenue figure extrapolated over 12 months, Tech.eu reports. The release does not define net revenue, which in acquiring generally means revenue after the interchange and scheme fees that flow to issuers and card networks. Adjusted EBITDA strips out one-time costs such as restructuring charges, Tech.eu notes. The two headline numbers thus rest on different bases: one month scaled to a year, and a full-year forecast.
Profitable since 2024, by the company’s account
When it raised $1 billion in its Series D in January 2022, Checkout.com said it had been profitable for several years. It now dates its turn to profitability to 2024, a year it exited profitably after 45% net revenue growth in its core business, according to its September 2025 update. On February 24, 2026, it announced a “return to full-year EBITDA profitability” for 2025, with an adjusted EBITDA margin above 10%, $300 billion in payment volume, up 64%, and net revenue growth above 30% for a second straight year. The new 28% rate is stated on a trailing 12-month basis, so it does not compare directly with those calendar-year rates.
| Metric | February 24, 2026 (for 2025) | September 29, 2026 |
|---|---|---|
| Net revenue growth | More than 30% | 28%, trailing 12 months |
| Total payment volume | $300B in 2025 | $480B expected in 2026 |
| Profitability | Adjusted EBITDA margin above 10% | About $150M adjusted EBITDA expected |
| Enterprise merchants | More than 1,000 | More than 1,700 |
| Employees | 2,000 | 2,300 |
The US grows to a fifth of volume
The US accounted for 20% of Checkout.com’s payment volume, up from 15% the year before, and US processing volume has grown more than 120% year to date, the company said. On September 10, it reported that second-quarter US payment volume was up 126% from a year earlier and said US processing volume was on track to exceed $100 billion by the end of the year.
On September 9, Checkout.com announced that it had started direct acquiring in the US under its Merchant Acquirer Limited Purpose Bank (MALPB) charter, a limited-purpose bank charter that the state of Georgia created for merchant acquiring. The company says the charter gives it direct access to card networks and reduces its reliance on third-party intermediaries. US card networks admit banks as acquiring members, and nonbank processors typically work through a sponsor bank.
Payouts, issuing, and platforms come next
With strong free cash flow, Checkout.com says it is investing beyond its core acquiring business: more Business Account features, Payouts, Issuing, a Platforms offering for software vendors, SaaS providers, and marketplaces, and AI work “from agentic payment optimization to agentic commerce and agent payments.” It operates in 56 countries with 10 acquiring licenses.
“Reaching $750 million in annualised net revenue is a meaningful milestone, but it is not the finish line,” said Antoine Nougué, Checkout.com’s chief revenue officer. “Our return to sustained profitability gives us the freedom to invest with conviction through the next decade.”
The figures came out the same week as the 2025 accounts of two UK subsidiaries, Checkout Limited and Checkout Technology Limited, which were filed at Companies House, the UK company registry, on September 29. According to Tech.eu, Checkout.com said those accounts would show a $40 million dividend paid by Checkout Limited to its parent company, an internal treasury transaction rather than money paid to shareholders.