8-K Announcements
6Feb 26, 2026·SEC
Dec 3, 2025·SEC
Nov 5, 2025·SEC
Payoneer Global Inc. (PAYO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Payoneer Global Inc. (PAYO) stock price & volume — 10-year historical chart
Payoneer Global Inc. (PAYO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Payoneer Global Inc. (PAYO) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.05vs $0.06-16.7% | $275Mvs $282M-2.7% |
| Q4 2025 | Nov 5, 2025 | $0.06vs $0.06+0.0% | $271Mvs $283M-4.2% |
| Q3 2025 | Aug 6, 2025 | $0.05vs $0.06-16.7% | $261Mvs $258M+1.2% |
| Q2 2025 | May 7, 2025 | $0.05vs $0.07-28.6% | $247Mvs $253M-2.6% |
Payoneer Global Inc. (PAYO) competitors in Payments and fintech infrastructure — business model, growth, and fundamentals comparison
Payoneer Global Inc. (PAYO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Payoneer Global Inc. (PAYO) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 260.13M | 317.75M | 345.59M | 473.4M | 627.62M | 831.1M | 977.72M | 1.05B |
| Revenue Growth % | - | 22.15% | 8.76% | 36.98% | 32.58% | 32.42% | 17.64% | 7.68% |
| Cost of Goods Sold | 81.37M | 94.67M | 97.04M | 101.48M | 110.17M | 122.29M | 152.11M | 230.86M |
| COGS % of Revenue | 31.28% | 29.79% | 28.08% | 21.44% | 17.55% | 14.71% | 15.56% | 21.93% |
| Gross Profit | 178.77M▲ 0% | 223.09M▲ 24.8% | 248.55M▲ 11.4% | 371.93M▲ 49.6% | 517.46M▲ 39.1% | 708.81M▲ 37.0% | 825.61M▲ 16.5% | 821.91M▼ 0.4% |
| Gross Margin % | 68.72% | 70.21% | 71.92% | 78.56% | 82.45% | 85.29% | 84.44% | 78.07% |
| Gross Profit Growth % | - | 24.79% | 11.42% | 49.64% | 39.13% | 36.98% | 16.48% | -0.45% |
| Operating Expenses | 180.69M | 219.44M | 265.85M | 402.14M | 539.67M | 605.2M | 676.58M | 697.24M |
| OpEx % of Revenue | 69.46% | 69.06% | 76.93% | 84.95% | 85.99% | 72.82% | 69.2% | 66.23% |
| Selling, General & Admin | 74.55M | 92.04M | 114.47M | 178.73M | 280.88M | 315.69M | 351.43M | 376.56M |
| SG&A % of Revenue | 28.66% | 28.96% | 33.12% | 37.75% | 44.75% | 37.98% | 35.94% | 35.77% |
| Research & Development | 29.38M | 34.77M | 52.3M | 80.76M | 115.04M | 119.2M | 134.63M | 155.42M |
| R&D % of Revenue | 11.3% | 10.94% | 15.13% | 17.06% | 18.33% | 14.34% | 13.77% | 14.76% |
| Other Operating Expenses | 76.76M | 92.64M | 99.07M | 142.65M | 143.75M | 170.32M | 190.52M | 165.26M |
| Operating Income | -1.93M▲ 0% | 3.64M▲ 288.9% | -17.3M▼ 575.0% | -30.21M▼ 74.7% | -22.21M▲ 26.5% | 103.61M▲ 566.4% | 149.03M▲ 43.8% | 124.67M▼ 16.3% |
| Operating Margin % | -0.74% | 1.15% | -5% | -6.38% | -3.54% | 12.47% | 15.24% | 11.84% |
| Operating Income Growth % | - | 288.95% | -575.01% | -74.67% | 26.47% | 566.41% | 43.84% | -16.35% |
| EBITDA | 2.38M | 9.73M | -10.45M | -23.15M | -13.93M | 111.7M | 157.73M | 190.29M |
| EBITDA Margin % | 0.92% | 3.06% | -3.02% | -4.89% | -2.22% | 13.44% | 16.13% | 18.08% |
| EBITDA Growth % | - | 308.05% | -207.36% | -121.59% | 39.84% | 901.9% | 41.21% | 20.64% |
| D&A (Non-Cash Add-back) | 4.31M | 6.09M | 6.85M | 7.06M | 8.29M | 8.09M | 8.7M | 65.63M |
| EBIT | -4.1M | 4.08M | -15.43M | -25.06M | 11.75M | 132.54M | 139.47M | 115.59M |
| Net Interest Income | 0 | 0 | 0 | -220K | 45.16M | 242.2M | 259.26M | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 55.29M | 242.2M | 259.26M | 0 |
| Interest Expense | 0 | 0 | 0 | 220K | 10.13M | 0 | 0 | 0 |
| Other Income/Expense | -2.17M | 443K | 1.87M | 4.93M | 23.83M | 28.93M | -9.56M | -9.08M |
| Pretax Income | -4.1M▲ 0% | 4.08M▲ 199.6% | -15.43M▼ 477.7% | -25.28M▼ 63.9% | 1.62M▲ 106.4% | 132.54M▲ 8101.5% | 139.47M▲ 5.2% | 115.59M▼ 17.1% |
| Pretax Margin % | -1.58% | 1.29% | -4.46% | -5.34% | 0.26% | 15.95% | 14.27% | 10.98% |
| Income Tax | 3.09M | 4.71M | 8.32M | 8.71M | 13.59M | 39.2M | 18.31M | 42.4M |
| Effective Tax Rate % | -75.34% | 115.3% | -53.93% | -34.46% | 840.72% | 29.58% | 13.13% | 36.68% |
| Net Income | -7.19M▲ 0% | -625K▲ 91.3% | -23.75M▼ 3699.4% | -33.99M▼ 43.1% | -11.97M▲ 64.8% | 93.33M▲ 879.7% | 121.16M▲ 29.8% | 73.19M▼ 39.6% |
| Net Margin % | -2.76% | -0.2% | -6.87% | -7.18% | -1.91% | 11.23% | 12.39% | 6.95% |
| Net Income Growth % | - | 91.31% | -3699.36% | -43.13% | 64.78% | 879.72% | 29.82% | -39.59% |
| Net Income (Continuing) | -7.19M | -625K | -23.75M | -33.99M | -11.97M | 93.33M | 121.16M | 73.19M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.02▲ 0% | -0.00▲ 92.5% | -0.07▼ 4262.5% | -0.19▼ 172.2% | -0.03▲ 81.9% | 0.24▲ 797.7% | 0.31▲ 29.2% | 0.19▼ 38.7% |
| EPS Growth % | - | 92.45% | - | -172.21% | 81.89% | 797.67% | 29.17% | -38.71% |
| EPS (Basic) | -0.02 | -0.00 | -0.07 | -0.20 | -0.03 | 0.26 | 0.34 | 0.20 |
| Diluted Shares Outstanding | 338.35M | 338.35M | 338.35M | 357.49M | 348.04M | 392.67M | 386.24M | 376.73M |
| Basic Shares Outstanding | 338.35M | 338.35M | 338.35M | 340.05M | 348.04M | 361.68M | 358.35M | 361.17M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Payoneer Global Inc. (PAYO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.58B | 1.9B | 3.57B | 4.96B | 6.47B | 7.11B | 7.1B | 8.11B |
| Cash & Short-Term Investments | 104.01M | 114.9M | 102.99M | 465.93M | 543.3M | 617.02M | 497.47M | 415.54M |
| Cash Only | 104.01M | 114.9M | 102.99M | 465.93M | 543.3M | 617.02M | 497.47M | 415.54M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 73.12M | 84.03M | 77.34M | 61.2M | 66.32M | 92.83M | 97.77M |
| Days Sales Outstanding | - | 84 | 88.75 | 59.63 | 35.59 | 29.12 | 34.66 | 33.9 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.47B | 1.71B | 3.38B | 4.41B | 5.85B | 6.4B | 6.45B | 7.56B |
| Total Non-Current Assets | 0 | 57.17M | 99.22M | 116.03M | 123.55M | 174.4M | 830.74M | 845.67M |
| Property, Plant & Equipment | 0 | 14.27M | 12.69M | 25.08M | 29.65M | 40.35M | 35.46M | 94.69M |
| Fixed Asset Turnover | - | 22.26x | 27.22x | 18.87x | 21.17x | 20.60x | 27.58x | 11.12x |
| Goodwill | 0 | 0 | 22.54M | 21.13M | 19.89M | 19.89M | 77.78M | 77.78M |
| Intangible Assets | 0 | 16.19M | 34.41M | 37.53M | 45.44M | 76.27M | 102.39M | 208.05M |
| Long-Term Investments | 0 | 6.56M | 6.86M | 7.01M | 6.43M | 0 | 0 | 48.45M |
| Other Non-Current Assets | 0 | 17.18M | 19.03M | 20.38M | 17.96M | 22.6M | 573.58M | 359.79M |
| Total Assets | 1.58B▲ 0% | 1.96B▲ 24.3% | 3.67B▲ 87.2% | 5.08B▲ 38.4% | 6.59B▲ 29.8% | 7.28B▲ 10.4% | 7.93B▲ 8.9% | 8.96B▲ 12.9% |
| Asset Turnover | 0.16x | 0.16x | 0.09x | 0.09x | 0.10x | 0.11x | 0.12x | 0.12x |
| Asset Growth % | - | 24.29% | 87.16% | 38.4% | 29.85% | 10.44% | 8.89% | 12.94% |
| Total Current Liabilities | 1.39B | 1.74B | 3.44B | 4.5B | 5.98B | 6.54B | 7.13B | 8.08B |
| Accounts Payable | 0 | 13.95M | 17.25M | 17.2M | 41.57M | 33.94M | 37.3M | 44.61M |
| Days Payables Outstanding | - | 53.78 | 64.86 | 61.87 | 137.72 | 101.3 | 89.51 | 70.53 |
| Short-Term Debt | 0 | 0 | 13.5M | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 1.69B | 3.35B | 4.4B | 5.84B | 6.39B | 6.96B | 7.89B |
| Other Current Liabilities | 1.39B | 26.26M | 33.25M | 47.01M | 64.46M | 67.84M | 81.48M | 87.02M |
| Current Ratio | 1.13x | 1.09x | 1.04x | 1.10x | 1.08x | 1.09x | 1.00x | 1.00x |
| Quick Ratio | 1.13x | 1.09x | 1.04x | 1.10x | 1.08x | 1.09x | 1.00x | 1.00x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 45.07M | 222.81M | 204.46M | 93.85M | 71.88M | 76.87M | 74.51M | 168.44M |
| Long-Term Debt | 0 | 60M | 26.52M | 13.66M | 16.14M | 18.41M | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 6.51M | 17.84M | 15.64M | 65.08M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 21.05M | 30M | 48.8M | 93.23M |
| Other Non-Current Liabilities | 45.07M | 162.81M | 177.94M | 80.19M | 28.18M | 10.63M | 10.07M | 10.13M |
| Total Liabilities | 1.44B | 1.97B | 3.65B | 4.59B | 6.05B | 6.62B | 7.21B | 8.25B |
| Total Debt | 0 | 60M | 40.02M | 22.95M | 31.01M | 43.42M | 21.38M | 72.33M |
| Net Debt | -104.01M | -54.9M | -62.96M | -442.97M | -512.29M | -573.6M | -476.09M | -343.2M |
| Debt / Equity | - | - | 1.65x | 0.05x | 0.06x | 0.07x | 0.03x | 0.10x |
| Debt / EBITDA | - | 6.17x | - | - | - | 0.39x | 0.14x | 0.38x |
| Net Debt / EBITDA | -43.61x | -5.64x | - | - | - | -5.14x | -3.02x | -1.80x |
| Interest Coverage | - | - | - | -113.89x | 1.16x | - | - | - |
| Total Equity | 138.34M▲ 0% | -5.36M▼ 103.9% | 24.3M▲ 553.1% | 487.07M▲ 1904.5% | 545.26M▲ 11.9% | 664.27M▲ 21.8% | 724.79M▲ 9.1% | 704.43M▼ 2.8% |
| Equity Growth % | - | -103.88% | 553.09% | 1904.5% | 11.95% | 21.83% | 9.11% | -2.81% |
| Book Value per Share | 0.41 | -0.02 | 0.07 | 1.36 | 1.57 | 1.69 | 1.88 | 1.87 |
| Total Shareholders' Equity | 138.34M | -5.36M | 24.3M | 487.07M | 545.26M | 664.27M | 724.79M | 704.43M |
| Common Stock | 180K | 200K | 486K | 3.4M | 3.53M | 3.69M | 3.96M | 4.12M |
| Retained Earnings | -35.98M | -36.32M | -60.07M | -94.05M | -108.53M | -15.2M | 105.97M | 179.16M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | -56.94M | -193.72M | -368.87M |
| Accumulated OCI | -719K | 143K | 4.17M | 2.25M | -176K | -176K | -12.61M | -6.28M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payoneer Global Inc. (PAYO) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -5.99M | -14.31M | 9.53M | 20.02M | 83.96M | 159.49M | 176.93M | 233.49M |
| Operating CF Margin % | -2.3% | -4.5% | 2.76% | 4.23% | 13.38% | 19.19% | 18.1% | 22.18% |
| Operating CF Growth % | - | -139.01% | 166.56% | 110.11% | 319.49% | 89.96% | 10.93% | 31.97% |
| Net Income | -7.19M | -625K | -23.75M | -33.99M | -11.97M | 93.33M | 121.16M | 73.19M |
| Depreciation & Amortization | 7.87M | 10.34M | 17.09M | 18M | 20.86M | 27.81M | 45.45M | 65.63M |
| Stock-Based Compensation | 6.92M | 9.54M | 11.07M | 37.01M | 52.15M | 65.77M | 64.79M | 73.1M |
| Deferred Taxes | -414K | -694K | -721K | -1.22M | 731K | -11.12M | -22.62M | -17.41M |
| Other Non-Cash Items | 2.54M | -440K | -433K | -5.6M | -31.21M | -21.72M | 8.77M | -17.22M |
| Working Capital Changes | -15.72M | -32.43M | 6.26M | 5.81M | 53.4M | 5.42M | -40.63M | 56.19M |
| Change in Receivables | -2.2M | 129.32M | 255.92M | 3.93M | 964K | 4.9M | 337K | 1.53M |
| Change in Inventory | -14.36M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 1.53M | 6.82M | 2.87M | 469K | 24.28M | -8.33M | 1.13M | 7.87M |
| Cash from Investing | -11.43M | -20.58M | -66.85M | 10.16M | 5.73M | -44.25M | -1.96B | -218.34M |
| Capital Expenditures | -10.86M | -9.15M | -4.99M | -6.89M | -28.83M | -12.06M | -8.19M | -26.87M |
| CapEx % of Revenue | 4.18% | 2.88% | 1.44% | 1.46% | 4.59% | 1.45% | 0.84% | 2.55% |
| Acquisitions | 0 | -6.5M | -15.48M | 0 | 0 | 0 | -48.22M | -33.08M |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | -566K | -4.93M | -46.38M | 17.05M | 34.57M | -32.2M | -102.89M | -40.59M |
| Cash from Financing | 553.62M | 353.74M | 1.67B | 1.4B | 1.46B | 511.95M | 427.77M | 738.04M |
| Debt Issued (Net) | 0 | 60M | -19.98M | -26.36M | 2.61M | 2.27M | -18.41M | 0 |
| Equity Issued (Net) | 0 | 0 | 32.65M | -20.8M | 21.35M | -42.23M | -137.51M | -174.22M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -55.44M | -137.51M | -174.93M |
| Other Financing | 553.62M | 293.74M | 1.66B | 1.44B | 1.44B | 551.91M | 583.7M | 912.26M |
| Net Change in Cash | 533.67M▲ 0% | 319.37M▼ 40.2% | 1.62B▲ 406.2% | 1.43B▼ 11.9% | 1.55B▲ 8.6% | 631.65M▼ 59.2% | -1.36B▼ 315.3% | 758.5M▲ 155.8% |
| Free Cash Flow | -16.85M▲ 0% | -31.6M▼ 87.5% | -4.51M▲ 85.7% | -884K▲ 80.4% | 55.13M▲ 6336.1% | 111.7M▲ 102.6% | 116.53M▲ 4.3% | 206.62M▲ 77.3% |
| FCF Margin % | -6.48% | -9.95% | -1.31% | -0.19% | 8.78% | 13.44% | 11.92% | 19.63% |
| FCF Growth % | - | -87.53% | 85.73% | 80.4% | 6336.09% | 102.62% | 4.33% | 77.3% |
| FCF per Share | -0.05 | -0.09 | -0.01 | -0.00 | 0.16 | 0.28 | 0.30 | 0.55 |
| FCF Conversion (FCF/Net Income) | 0.83x | 22.90x | -0.40x | -0.59x | -7.01x | 1.71x | 1.46x | 3.19x |
| Interest Paid | 0 | 311K | 1.89M | 1.92M | 1.47M | 1.77M | 1.4M | 0 |
| Taxes Paid | 3.33M | 1.94M | 5.71M | 3.69M | 9.43M | 40.91M | 52.32M | 0 |
Payoneer Global Inc. (PAYO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -5.2% | -0.94% | -250.8% | -13.29% | -2.32% | 15.43% | 17.45% | 10.24% |
| Return on Invested Capital (ROIC) | -4.21% | - | - | -833.28% | -43.23% | 125.7% | 65.87% | 30.66% |
| Gross Margin | 68.72% | 70.21% | 71.92% | 78.56% | 82.45% | 85.29% | 84.44% | 78.07% |
| Net Margin | -2.76% | -0.2% | -6.87% | -7.18% | -1.91% | 11.23% | 12.39% | 6.95% |
| Debt / Equity | - | - | 1.65x | 0.05x | 0.06x | 0.07x | 0.03x | 0.10x |
| Interest Coverage | - | - | - | -113.89x | 1.16x | - | - | - |
| FCF Conversion | 0.83x | 22.90x | -0.40x | -0.59x | -7.01x | 1.71x | 1.46x | 3.19x |
| Revenue Growth | - | 22.15% | 8.76% | 36.98% | 32.58% | 32.42% | 17.64% | 7.68% |
Payoneer Global Inc. (PAYO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Feb 26, 2026·SEC
Dec 3, 2025·SEC
Nov 5, 2025·SEC
Payoneer Global Inc. (PAYO) stock FAQ — growth, dividends, profitability & financials explained
Payoneer Global Inc. (PAYO) reported $1.05B in revenue for fiscal year 2025. This represents a 305% increase from $260.1M in 2018.
Payoneer Global Inc. (PAYO) grew revenue by 7.7% over the past year. This is steady growth.
Yes, Payoneer Global Inc. (PAYO) is profitable, generating $73.2M in net income for fiscal year 2025 (7.0% net margin).
Payoneer Global Inc. (PAYO) has a return on equity (ROE) of 10.2%. This is reasonable for most industries.
Payoneer Global Inc. (PAYO) generated $206.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Payoneer Global Inc. (PAYO) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates