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Payoneer Global Inc. (PAYO) stock

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NASDAQ: PAYO Nasdaq Transaction & Payment Processing Services Next results ~November 5, 2026

C+ Fundamentals grade

Payoneer Global Inc. is a US-listed company in the transaction & payment processing services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: our cash-flow value ($10.76) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating.

Price vs value

Under review: our cash-flow value ($10.76) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating. We'll show the comparison once resolved.

Payoneer Global Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds146 adding, 150 cuttingOf 55 active managers that changed their stake, 33 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Payoneer Global files

Where Payoneer Global stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.08bn, up 6.3% on a year earlier, slower than the 7.2% growth a quarter earlier. Free-cash-flow margin fell to 16.8% from 20.4% a year earlier. The diluted share count is down 8.0% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 2 of our 2 financial-health checks.

Our model value for Payoneer Global is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Payoneer Global Inc.'s trailing-twelve-month revenue grew 6.3% year on year, with a free-cash-flow margin of 16.8%. Where it stands out: days sales outstanding of 4 days ranks 1 of 18 transaction & payment processing services companies we cover.

Our discounted-cash-flow model values the business at ~$11 per share in the base case (~$8.4–$14 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 12.7% while net income fell 49.6%: a 37pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 8.0% in a year, so each share owns more of the business.
  • Net cash. Cash exceeds long-term debt by $0.3bn.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 6.8% over 90 days.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • High earnings multiple. The shares trade at 51 times the last 12 months' earnings, so expectations are demanding.
  • Volatile shares. Over the past year the shares showed annualised volatility of 46% and a beta of 0.9 against the S&P 500.
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 6.7% ranks 23 of 30 transaction & payment processing services companies we cover (median 2.3%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
$0.03 against an average estimate of $0.06: missed by 45.0%
Revenue
$274m, up 5.2% on a year earlier
Share reaction
-0.3% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Next report
November 5, 2026; average EPS estimate $0.08

Payoneer Global's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.1%
  • 1 week+0.1%
  • 1 month+0.1%
  • This year+27.4%
  • 1 year+23.7%
  • 5 years-7.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.1B
Operating margin
10.4%
Net margin
4.6%
EPS (TTM, diluted)
$0.14

Growth

Revenue growth
+6.3%
Change in growth rate
−0.9 pts
Share count change
−8.0%

Cash

Free cash flow (TTM)
$181M
FCF margin
16.8%
Stock pay % of revenue
6.7%

Earnings

Last results
August 6, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Shareholder vote
  3. Announcement
  4. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Payoneer Global Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: our cash-flow value ($10.76) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating.

Our value per share comes from a discounted-cash-flow model of Payoneer Global Inc.'s free cash flow after stock-based pay ( $127M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Payoneer Global Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.5%: the 10-year Treasury yield (4.9%) plus a beta of 1 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$11 ~$8.4–$14 Left out: far from the other models (more than 3x away from their median)
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$3.4 ~$2.5–$7.4 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$1.6 ~$1.1–$2.5 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$1.5 ~$1.3–$1.8 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Payoneer Global Inc. with Transaction & Payment Processing Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 202020212022202320242025Now
Share price$10.30$7.35$5.47$5.21$10.04$5.62$7.16
Market value$484m$1.5bn$1.9bn$2.0bn$3.9bn$2.1bn$2.6bn
+ Net debt (− = net cash)−$63m−$452m−$527m−$599m−$497m−$416m−$346m
Enterprise value$421m$1.0bn$1.4bn$1.4bn$3.4bn$1.7bn$2.2bn
Multiples
Price / sales 1.4x3.1x3.0x2.5x4.0x2.0x2.4x
Price / earnings ———21.9x32.0x28.9x51.0x
Price / free cash flow 106.8x113.6x25.9x13.5x23.0x10.2x14.1x
EV / EBITDA ———11.0x17.2x8.9x11.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

23 /100

Weak moat

How hard Payoneer Global's competitive advantage looks for rivals to wear away, judged from 6 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 0.4% of total assets over 6 years.

  • Durability 1 / 20

    Operating margin has been a median 7.5%; its worst year was -7.1%.

  • Cash conversion 18 / 20

    Free cash flow was positive in 6 of 6 years, at a median 15.6% of revenue.

  • Discipline 4 / 20

    The diluted share count rose 537.5% over five years; stock-based pay has been a median 7.1% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (28 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, before the open. Analysts expect revenue of $285m and EPS of $0.08 (range $0.04 to $0.12) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.30 −9% $1.1bn +7%
Next $0.40 +33% $1.2bn +11%

Next year's EPS estimate has moved +6.8% in 90 days, across 3 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.06 $0.03 −45.0%
Mar 2026 $0.02 $0.06 +217.7%
Dec 2025 $0.07 $0.09 +37.0%
Sept 2025 $0.07 $0.06 −8.1%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Payoneer Global Inc.'s revenue by +9.5% next year and +10.1% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+9.3%, weight 60%) and the company's own record (+9.9%, weight 40%) . How the weights are set.

Analyst recommendations

8 analysts, Oct 2026
Buy113%
Hold788%
Sell00%

Monthly trend

  1. Oct 2026178
  2. Sep 2026178
  3. Aug 20261168

Counts of recommendations published by analysts covering Payoneer Global Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.5%
of tradable shares
Days to cover
4.9
at average volume
Short interest, 1 month
−0%
to September 30, 2026
Held by institutions
91%
of shares
Held by insiders
3.2%
of shares
Employees
2,540
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +23.7%

$5.79 on October 31, 2025 to $7.16

ThenNowEffect
Revenue (last 12 months) $1.0bn $1.1bn +6.3%
Net margin 9.8% 4.6% −52.6%
P/E multiple 22.6x 51.0x +126.0%
Share count 389m 358m +8.6%

Biggest factor: p/e multiple.

Last 3 years +25.4%

$5.71 on November 3, 2023 to $7.16

ThenNowEffect
Revenue (last 12 months) $741m $1.1bn +45.9%
Net margin 2.3% 4.6% +104.1%
P/E multiple 121.4x 51.0x −58.0%
Share count 359m 358m +0.3%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
PAYO−29%−26%−5%+93%−44%+27%
Industry peers (median)−18%−35%+8%+9%−23%+5%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
PAYO33%42%50%58%25%82%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
PAYO−57%−53%−40%−23%−52%−34%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 16, 2020: 76% from February 3, 2021 to May 11, 2022. Getting back needed a 317% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$4.27 – $7.18
From 52-week high
−0.3%
vs 50-day average
+0.3%
vs 200-day average
+16.7%
Volatility (1 year)
46%
Beta vs S&P 500
0.89

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±12.5%
After a week
7 up, 5 down
typical move ±10.3%
After a month
6 up, 6 down
typical move ±12.2%
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 −0.3% +0.5% +0.3% +0.7%
May 7, 2026 +6.2% +0.5% +0.2% +5.8%
February 26, 2026 −17.6% −1.0% −7.4% −8.8%
November 5, 2025 −9.0% −0.7% −0.7% −1.9%
August 6, 2025 +7.5% +0.7% +4.8% +2.3%
May 7, 2025 −11.2% +1.1% +2.1% −1.4%
February 27, 2025 −16.0% −0.1% −23.3% −28.8%
November 5, 2024 +21.5% +3.7% +24.2% +26.6%
August 7, 2024 +27.8% +1.6% +30.7% +33.7%
May 8, 2024 +12.5% +0.6% +11.3% +13.2%
February 28, 2024 −12.6% +0.2% −18.9% −12.6%
November 8, 2023 −7.5% −0.7% −0.3% −10.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Payoneer Global Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Payoneer Global Inc.
$700M $800M $900M $1B $1.1B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $790.3M Revenue (TTM), FY23 Q4: $831.1M Revenue (TTM), FY24 Q1: $867.3M Revenue (TTM), FY24 Q2: $900.1M Revenue (TTM), FY24 Q3: $940.3M Revenue (TTM), FY24 Q4: $977.7M Revenue (TTM), FY25 Q1: $996.2M Revenue (TTM), FY25 Q2: $1B Revenue (TTM), FY25 Q3: $1B Revenue (TTM), FY25 Q4: $1.1B Revenue (TTM), FY26 Q1: $1.1B Revenue (TTM), FY26 Q2: $1.1B $1.1B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $790.3M
FY23 Q4 $831.1M
FY24 Q1 $867.3M
FY24 Q2 $900.1M
FY24 Q3 $940.3M
FY24 Q4 $977.7M
FY25 Q1 $996.2M
FY25 Q2 $1B
FY25 Q3 $1B
FY25 Q4 $1.1B
FY26 Q1 $1.1B
FY26 Q2 $1.1B
Revenue growth, TTM YoY Payoneer Global Inc.
0% 10% 20% 30% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 35.5% Revenue growth, TTM YoY, FY23 Q4: 32.4% Revenue growth, TTM YoY, FY24 Q1: 27.0% Revenue growth, TTM YoY, FY24 Q2: 21.4% Revenue growth, TTM YoY, FY24 Q3: 19.0% Revenue growth, TTM YoY, FY24 Q4: 17.6% Revenue growth, TTM YoY, FY25 Q1: 14.9% Revenue growth, TTM YoY, FY25 Q2: 13.0% Revenue growth, TTM YoY, FY25 Q3: 10.6% Revenue growth, TTM YoY, FY25 Q4: 7.7% Revenue growth, TTM YoY, FY26 Q1: 7.2% Revenue growth, TTM YoY, FY26 Q2: 6.3% 6.3%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 35.5%
FY23 Q4 32.4%
FY24 Q1 27.0%
FY24 Q2 21.4%
FY24 Q3 19.0%
FY24 Q4 17.6%
FY25 Q1 14.9%
FY25 Q2 13.0%
FY25 Q3 10.6%
FY25 Q4 7.7%
FY26 Q1 7.2%
FY26 Q2 6.3%
Operating margin (TTM) Payoneer Global Inc.
8% 10% 12% 14% 16% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 8.8% Operating margin (TTM), FY23 Q4: 12.5% Operating margin (TTM), FY24 Q1: 14.6% Operating margin (TTM), FY24 Q2: 15.5% Operating margin (TTM), FY24 Q3: 15.5% Operating margin (TTM), FY24 Q4: 15.2% Operating margin (TTM), FY25 Q1: 14.1% Operating margin (TTM), FY25 Q2: 12.2% Operating margin (TTM), FY25 Q3: 12.0% Operating margin (TTM), FY25 Q4: 11.8% Operating margin (TTM), FY26 Q1: 11.7% Operating margin (TTM), FY26 Q2: 10.4% 10.4%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 8.8%
FY23 Q4 12.5%
FY24 Q1 14.6%
FY24 Q2 15.5%
FY24 Q3 15.5%
FY24 Q4 15.2%
FY25 Q1 14.1%
FY25 Q2 12.2%
FY25 Q3 12.0%
FY25 Q4 11.8%
FY26 Q1 11.7%
FY26 Q2 10.4%
FCF margin (TTM) Payoneer Global Inc.
16% 18% 20% 22% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 16.9% FCF margin (TTM), FY23 Q4: 18.2% FCF margin (TTM), FY24 Q1: 21.5% FCF margin (TTM), FY24 Q2: 19.1% FCF margin (TTM), FY24 Q3: 19.2% FCF margin (TTM), FY24 Q4: 17.3% FCF margin (TTM), FY25 Q1: 18.1% FCF margin (TTM), FY25 Q2: 20.4% FCF margin (TTM), FY25 Q3: 20.0% FCF margin (TTM), FY25 Q4: 19.6% FCF margin (TTM), FY26 Q1: 18.7% FCF margin (TTM), FY26 Q2: 16.8% 16.8%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 16.9%
FY23 Q4 18.2%
FY24 Q1 21.5%
FY24 Q2 19.1%
FY24 Q3 19.2%
FY24 Q4 17.3%
FY25 Q1 18.1%
FY25 Q2 20.4%
FY25 Q3 20.0%
FY25 Q4 19.6%
FY26 Q1 18.7%
FY26 Q2 16.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Payoneer Global took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $1.1B
  2. Research and development $155M · 14.8%
  3. Selling, general and admin $377M · 35.8%
  4. Other operating costs $396M · 37.6%
  5. Operating income $125M · 11.8%
  6. Income tax $42.4M · 4.0%
  7. Interest and other $9.1M · 0.9%
  8. Net income $73.2M · 7.0%

Shares of revenue. Source: Payoneer Global's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 318 346 473 628 831 978 1,053 1,081
EBITDA 14 −0 −12 −1 131 196 190 188
Operating income 4 −17 −30 −22 104 149 125 112
Net income −1 −24 −34 −12 93 121 73 50
Diluted EPS −$0.33 −$0.80 −$0.33 −$0.03 $0.24 $0.31 $0.19 $0.14
Growth (year on year)
Revenue — +8.8% +37.0% +32.6% +32.4% +17.6% +7.7% +6.3%
EBITDA — −101.4% — — — +49.4% −3.1% +4.0%
Operating income — — — — — +43.8% −16.3% −9.3%
Net income — — — — — +29.8% −39.6% −49.6%
Diluted EPS — — — — — +29.2% −38.7% −45.3%
Margins
EBITDA margin 4.4% −0.1% −2.6% −0.2% 15.8% 20.1% 18.1% 17.4%
Operating margin 1.1% −5.0% −6.4% −3.5% 12.5% 15.2% 11.8% 10.4%
Net margin −0.2% −6.9% −7.2% −1.9% 11.2% 12.4% 7.0% 4.6%
Free-cash-flow margin −7.4% 1.3% 2.8% 11.7% 18.2% 17.3% 19.6% 16.8%
Cash flow
Cash from operations −14 10 20 84 159 177 233 222
Capital spending 9 5 7 11 8 8 27 41
Free cash flow −23 5 13 73 151 169 207 181
Stock-based pay 10 11 37 52 66 65 73 72
Free cash flow after stock pay −33 −7 −24 21 85 104 134 109
Balance sheet
Cash 115 103 466 543 617 497 416 346
Total debt 0 40 14 16 18 — 0 0
Net debt (negative = net cash) −115 −63 −452 −527 −599 −497 −416 −346
Diluted shares 36m 47m 203m 348m 393m 386m 377m 358m
Returned to shareholders
Buybacks — — — — 55 138 174 217
Total returned — — — — 55 138 174 217

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $8.8bn
Short-term assets $8.0bnLonger-term assets $804m
What it owes, and who funded it · $8.8bn
Short-term liabilities $7.9bnLonger-term liabilities $174mShareholders' equity $654m
  • Short-term assets cover short-term liabilities $8.0bn of assets due within a year against $7.9bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $8.0bn short-term assets against $174m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Payoneer Global Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$217M
Returned to shareholders
119%
of free cash flow
Buybacks, last 3 fiscal years
$367M
Diluted share count
−8.0%
year over year
Total shareholder yield
8.9%
dividends 0.0% + buybacks 8.9% of market value
R&D spending
15.8%
of revenue
Days sales outstanding
4 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in transaction & payment processing services
Last 12 months unless stated PAYO PRTH PAY FLYW PSFE MQ Median
Revenue, last 12 months $1.1bn $1.0bn $1.4bn $714m $1.7bn $677m $1.6bn
Revenue growth, last 12 months 6.3% 8.9% 26.5% 32.2% −0.2% 22.4% 9.3%
Revenue growth, 3-year average 13.4% 12.0% 34.7% 27.1% — −7.1% 7.9%
Revenue growth, latest quarter 5.2% 9.4% 19.8% 27.2% — 17.0% 14.0%
Gross margin — 30.4% 25.2% — 56.4% 70.0% 45.0%
Operating margin 10.4% 13.8% 8.2% 5.5% 4.2% −1.9% 9.8%
Operating margin, 3-year average 12.7% 14.1% 6.4% −0.0% — −12.1% 11.1%
Net margin 4.6% 5.6% 6.7% 4.8% −10.7% 1.5% 6.1%
Cash from operations / revenue 20.5% 12.8% 11.8% 23.3% 13.9% 29.5% 18.4%
Free-cash-flow margin 16.8% 10.4% 11.8% 23.2% 13.1% 29.3% 16.1%
Free-cash-flow margin, 3-year average 18.8% 7.4% 10.8% 16.8% — 18.7% 16.3%
Stock pay / revenue 6.7% 1.0% 1.7% 9.9% 1.9% 13.9% 2.2%
Change in share count −8.0% 5.6% 0.4% 0.3% −6.2% −6.5% −2.7%

Median of all 30 companies we cover in transaction & payment processing services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

30 transaction & payment processing services companies
Measure Company Peer median Rank
Revenue growth Growth 6.3% 9.7% 19 of 30
Change in growth rate Growth -0.9pp -0.3pp 17 of 30
Operating margin Profitability 10.4% 9.8% 14 of 29
Net margin Profitability 4.6% 6.6% 18 of 30
Free-cash-flow margin Cash generation 16.8% 18.4% 14 of 25
Stock pay as % of revenue Cash generation 6.7% 2.3% 23 of 30
Change in share count Balance sheet -8.0% -1.7% 3 of 26
Days sales outstanding Balance sheet 4 days 53 days 1 of 18

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue YoY
China $354M ▲ 3.9%
Europe Middle East and Africa $265M ▲ 4.5%
Asia Pacific $221M ▲ 18.6%
Latin America $111M ▲ 11.1%
North America $102M ▲ 4.8%
United States $97.2M ▲ 1.5%

These categories overlap or exclude eliminations, so shares aren't shown.

From Payoneer Global Inc.'s 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.1B
Institutions reporting
298
Shares held vs prior quarter
▲ 6.9%
Positions opened / closed
71 / 52

Top buyers and sellers, Q2 2026: 146 institutions bought and 150 sold ; the biggest buyer was Pentwater Capital Management LP (+9.9M shares) and the biggest seller Price T Rowe Associates Inc (−9.5M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $278M 39.1M 13.0% ▼ 2.3%
Technology Crossover Management Viii, Ltd. $243M 34.2M 11.4% 0.0%
Susquehanna Capital Management, LLC $146M 20.5M 6.8% 0.0%
Vanguard Portfolio Management LLC $105M 14.7M 4.9% ▼ 0.1%
BNP Paribas Asset Management Holding S.A. $97.7M 13.7M 4.6% ▼ 0.1%
Vanguard Capital Management LLC $86.5M 12.1M 4.0% ▼ 3.2%
State Street Corp $77.2M 10.8M 3.6% ▼ 0.9%
Pentwater Capital Management LP $70.4M 9.9M 3.3% New
Dimensional Fund Advisors LP $62.2M 8.7M 2.9% ▲ 15.8%
Magnetar Financial LLC $50.6M 7.1M 2.4% ▲ 53873.0%
Geode Capital Management, LLC $50.5M 7.1M 2.4% ▼ 0.8%
Arrowstreet Capital, Limited Partnership $39.6M 5.6M 1.9% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Payoneer Global Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $175,250 1 trade by 1 insider · 100% under pre-set plans
Net ▼ $175,250 net selling
Insider Date Trade Shares Price Value
Ordonez Beatrice Chief Financial Officer June 15, 2026 Sell pre-set plan 25,000 $7.01 $175,250

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 7, 2026
  • February 26, 2026
  • November 5, 2025
  • August 6, 2025
  • May 7, 2025

Recent SEC filings

Data status

When each part of this page on Payoneer Global Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Payoneer Global Inc. in brief

What does Payoneer Global Inc. do?
Payoneer Global Inc. is a US-listed company in the transaction & payment processing services industry. Its financial year ends in December.
What is Payoneer Global Inc.'s stock ticker?
Payoneer Global Inc. trades under the ticker PAYO on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Payoneer Global Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Payoneer Global Inc. reported revenue of $1.1B, 6.3% higher than a year earlier, according to its SEC filings.
What is Payoneer Global Inc.'s free cash flow?
Payoneer Global Inc.'s free-cash-flow margin is 16.8% of revenue over the trailing twelve months, ranking 14 of the 25 transaction & payment processing services companies we cover.
Who are Payoneer Global Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Technology Crossover Management Viii, Ltd. and Susquehanna Capital Management, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Payoneer Global Inc. buying back stock, and does it pay a dividend?
Payoneer Global Inc. spent $217M on share repurchases over the trailing twelve months, and its diluted share count fell 8.0% over the year.
What is Payoneer Global Inc.'s market cap?
On November 2, 2026, Payoneer Global Inc.'s market capitalisation was about $2.6B, with a price-to-earnings ratio of 51.0 and net debt of -$346M. Market figures come from third-party market data and may be delayed.
Who are Payoneer Global Inc.'s competitors?
In our Transaction & Payment Processing Services peer group, the companies closest to Payoneer Global Inc. are Priority Technology Holdings, Inc., Paymentus Holdings, Inc., Flywire Corp, Paysafe Ltd and Marqeta, Inc. The side-by-side comparison below sets their revenue, margins and growth against Payoneer Global Inc.'s.
Are insiders buying or selling Payoneer Global Inc. stock?
Over the last 12 months, Payoneer Global Inc.'s directors and officers reported 0 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is Payoneer Global Inc.'s next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Payoneer Global Inc. announces its own schedule.