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Payoneer Global Inc.

PAYO Technology Software Infrastructure

Payoneer Global Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 7.68% from fiscal 2024.

Revenue
+5.24%
EPS
−114.4%
Free cash flow
−37.1%

Quarter to June 2026, against a year earlier

7.17 0.01 +0.14%
Market cap
$2.4B
P/E
50.2×
Fwd P/E
48.1×
Dividend yield
—
F-score
5/9
Altman Z
0.34
Beneish M
−2.79
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 0.18
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — 1 — — — — —
Insider Ownership 23.96%

Capital & Financial Ratios $m

Size
Market Cap 2,430.00
Revenue ttm 1,081.40
Net income ttm 50.27
Free cash flow ttm 115.81
Net debt Q (351.04)
Valuation
P/E 50.21 (above 35: high)
Forward P/E 48.10 (above 35: high)
Price / sales 2.24
Forward P/S Powerpack
Price / FCF 20.89
Price / book 3.70
Financial health
Current ratio Q 1.00
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q +5.24% (above 0%: growing)
Operating income growth Q −43.70% (below 0%: shrinking)
EPS, this year −21.80% (below 0%: weak)
EPS, next year A +83.89% (at or above 15%: strong)
Revenue, next year A +6.48%
EPS, past 5 yrs —
EPS, next 5 yrs A +25.13% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.9×, against a ten-year median of 1.9×; over the ten years it ranged from 0.4× in 2021 to 5.8× in 2021.
P/E against its own 10 years 85.73%
10-year low 10-year high
P/S against its own 10 years 36.26%
10-year low 10-year high
P/B against its own 10 years 74.59%
10-year low 10-year high
EV/Sales against its own 10 years 53.16%
10-year low 10-year high
EV/FCF against its own 10 years 56.53%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 624 504 422 351
Receivables 53 68 54 50
Inventory — — — —
Other 6,431 6,527 7,635 7,559
7,109 7,100 8,111 7,960
2023 2024 2025 Q'26
Payables 34 37 45 51
ST’ Debt — — — —
Other 6,391 6,964 7,895 7,748
6,542 7,131 8,084 7,937

Compound Annual Growth %

10y 5y 3y
Sales — 24.96% 18.82%
Cash Flow — 89.61% 40.63%
Earnings — 0.00% 0.00%
Book Value — 96.09% 8.91%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate 0.05 Actual 0.02

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY25 0.06 0.06 Met by 0.00
Q4 FY25 0.06 0.05 Miss by 0.01
Q1 FY26 0.04 0.06 Beat by 0.02
Q2 FY26 0.05 0.02 Miss by 0.03
Q3 FY26 0.05 — Reports 5 November 2026

EPS $

Mar Jun Sep Dec Year
’26 0.06 (0.01) — — —
’25 0.05 0.05 0.04 0.05 0.19
’24 0.08 0.09 0.11 0.05 0.31
’23 0.02 0.12 0.03 0.07 0.24
’22 0.06 0.01 (0.08) (0.03) (0.03)
’21 (0.06) (0.63) 0.00 (0.06) (0.17)
’20 — (0.15) 0.03 (0.09) (0.80)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 262 274 — — —
’25 247 261 271 275 1,053
’24 228 240 248 262 978
’23 192 207 208 224 831
’22 137 148 159 184 628
’21 101 111 123 139 473
’20 — 78 91 — 346
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 52 61 — — —
’25 54 71 54 55 233
’24 40 41 50 46 177
’23 4 56 41 58 159
’22 2 27 15 40 84
’21 (16) 33 (6) 9 20
’20 — 11 8 (20) 10
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 23 34 — — —
’25 33 54 35 23 146
’24 24 27 36 30 117
’23 (5) 50 27 40 112
’22 (4) 20 11 28 55
’21 (21) 29 (11) 2 (1)
’20 — 3 5 (9) (5)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — 260 318 346 473 628 831 978 1,053 1,081 +22.1% 1,121 1,241 1,388 +9.7%
Gross margin, % — — 65.89 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 +34.1 pt
EBT — — (4) 4 (15) (25) 2 133 139 116 93 n/m
EBT margin, % — — (1.58) 1.31 (4.42) (5.33) 0.26 15.95 14.26 10.98 8.65 +12.6 pt
Net income — 0 (7) (1) (24) (34) (12) 93 121 73 50 n/m
Per share, $
Per share, $ Revenue — — 2.68 8.80 7.35 2.33 1.80 2.30 2.73 2.91 3.20 +1.2%
Earnings — — (0.18) (0.02) (0.80) (0.17) (0.03) 0.26 0.34 0.20 0.14 n/m
Cash flow — — (0.06) (0.40) 0.20 0.10 0.24 0.44 0.49 0.65 0.66 n/m
Capex — — 0.00 (0.48) (0.30) (0.10) (0.08) (0.13) (0.17) (0.24) (0.31) n/m
Free cash flow — — (0.06) (0.87) (0.10) 0.00 0.16 0.31 0.33 0.40 0.34 n/m
Book value — — 1.42 0.00 0.52 2.40 1.57 1.84 2.02 1.95 1.94 +4.6%
Shares, m — — 97 36 47 203 348 362 358 361 353 +20.7%
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 19.35 29.53 28.10 50.21 9.6
P/S — — 0.00 0.00 0.00 3.15 3.01 2.19 3.68 1.93 2.24 1.7
P/B — — 0.68 0.68 1.47 3.06 3.47 2.74 4.96 2.88 3.70 2.5
EV/Sales — — 0.00 0.00 0.00 2.19 2.17 1.46 3.18 1.54 1.93 1.3
EV/FCF — — 0.00 0.00 (31.38) (1,171.86) 24.67 10.87 26.67 11.13 17.99 (141.2)
Cash, $m
Cash, $m Operating cash flow — — (6) (14) 10 20 84 159 177 233 222 n/m
Capex — — (11) (17) (14) (21) (29) (48) (60) (88) (106) +34.8%
Free cash flow — — (6) (32) (5) (1) 55 112 117 146 116 n/m
Balance, $m
Balance, $m Working capital — — 183 161 130 465 494 567 (31) 27 23 (23.8%)
Net debt — — (104) (74) (89) (455) (530) (606) (504) (422) (351) +22.1%
Shareholders’ equity — — 138 — 24 487 545 664 725 704 654 +26.2%
Returns, %
Returns, % ROA — — (2.28) (0.08) (1.42) (0.78) (0.21) 1.35 1.59 0.87 0.60 +3.2 pt
ROIC — — 0.00 0.00 0.00 (59.35) (91.26) 110.44 42.21 27.55 23.19 +27.6 pt
ROE — — 0.00 5.95 (387.40) (13.29) (2.32) 15.43 17.45 10.24 7.06 +10.2 pt
People
People Employees — — — — 3 1,871 2,336 2,167 2,407 2,540 — +285.1%
Revenue/emp, $m — — 0.00 0.00 115.20 0.25 0.27 0.38 0.41 0.41 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Payoneer Global Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NTCT NetScout Systems, Inc. $2.8B 22.9× 28.0× +12.68% (above 0%: growing) n/m −38.15% (below 0%: shrinking) 78.86% 6.88% Compare
FIVN Five9, Inc. $2.7B 47.1× 46.6× +10.30% (above 0%: growing) +164.90% (above 0%: growing) −29.56% (below 0%: shrinking) 53.37% 0.63% Compare
EEFT Euronet Worldwide, Inc. $2.5B 9.5× 9.4× +1.34% (above 0%: growing) −10.13% (below 0%: shrinking) −24.07% (below 0%: shrinking) 43.42% 14.78% Compare
PAYO Payoneer Global Inc. $2.4B 50.2× 48.1× +5.24% (above 0%: growing) n/m −37.08% (below 0%: shrinking) 100.00% 6.17%
RAMP LiveRamp Holdings, Inc. $2.3B 15.5× 13.8× +9.84% (above 0%: growing) +141.67% (above 0%: growing) +200.97% (above 0%: growing) 70.54% 9.42% Compare
FLYW Flywire Corporation $2.3B 70.6× 47.6× +27.18% (above 0%: growing) +30.00% (above 0%: growing) +2.76% (above 0%: growing) 100.00% (1.65%) Compare
PAGS PagSeguro Digital Ltd. $2.1B 5.4× 5.3× +12.61% (above 0%: growing) +21.88% (above 0%: growing) −67.14% (below 0%: shrinking) 53.43% 38.71% Compare
CALX Calix, Inc $2.1B 46.9× 41.4× +13.67% (above 0%: growing) −33.33% (below 0%: shrinking) −87.16% (below 0%: shrinking) 53.29% 5.49% Compare
GCT GigaCloud Technology Inc. $2.0B 12.9× 12.7× +27.60% (above 0%: growing) +27.47% (above 0%: growing) +21.82% (above 0%: growing) 25.64% 11.54% Compare
Median of peers $2.3B 19.2× 20.9× +12.65% +27.47% −26.81% 53.40% 8.15%

All 184 Software Infrastructure stocks →

Pay and ownership Proxy statement filed 27 April 2026

Ownership

Directors and executive officers, together 2.06%
Certain funds and accounts of BlackRock 10.98%
Certain funds and accounts of TCV 9.94%
Certain funds and accounts of Vanguard 9.85%
Certain funds and accounts of Susquehanna Growth Equity 6.51%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Payoneer Global Inc. (PAYO) Latest News

29 Oct

Impact 4 · · TheStreet

14 Oct

Impact 4 · · PR Newswire

15 Jun

Impact 5 · · The Motley Fool
Impact 5 · · Stocktwits
Impact 5 · · Proactive Investors
Impact 5 ·
Impact 5 · · financialpost.com
Impact 5 · · InvestorsHub
Impact 5 ·
Impact 5 ·
Impact 5 · · paymentsdive.com

11 Jun

Impact 4 · · paymentsdive.com

10 Jun

Impact 4 · · electronicpaymentsinternational.com

9 Jun

Impact 5 · · The Motley Fool
Impact 5 · · Reuters
Impact 4 · · Stocktwits

11 May

Impact 4 · · Simply Wall St.

8 May

Impact 4 · · MarketBeat

7 May

Impact 4 · · Zacks
Impact 4 · · StockStory
Impact 4 · · PR Newswire

20 Mar

Impact 4 · · Insider Monkey

18 Mar

Impact 4 · · Simply Wall St.

10 Mar

Impact 4 · · PR Newswire

2 Mar

Impact 4 · · Simply Wall St.

1 Mar

Impact 5 · · Insider Monkey

27 Feb

Impact 4 · · StockStory
Impact 4 · · MarketBeat

26 Feb

Impact 4 · · Moby
Impact 4 · · GuruFocus.com

PAYO metrics, ten years each

stockrow.com/PAYO · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com