Filing Flows › Payoneer Global (PAYO) › Q1 2026
Payoneer Global (PAYO) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Payoneer Global (PAYO) reported revenue of $262M for the first quarter 2026 (Q1 2026), +6% from a year earlier and -5% from the quarter before. Operating margin was 11.5%, net earnings $19.6M (7.5% of revenue).
Payoneer Global, Q1 2026: revenue $262M (+6% year over year), operating margin 11.5%, net earnings $19.6M, operating cash flow $51.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $262M | -5% | +6% |
| Operating profit | $30.0M | +4% | +2% |
| Net earnings | $19.6M | +3% | -5% |
| Operating cash flow | $51.8M | -6% | -4% |
| Free cash flow | $41.7M | +3% | -15% |
What changed
Revenue was $261.6M in Q1 2026, up 6% year over year and down 5% from the previous quarter.
Operating profit was $30.0M, a 11.5% margin (down 0.4 points year over year). Of the extra revenue versus Q1 2025, 5% reached operating profit, below the 12% margin then. Total costs grew 7% against revenue growth of 6%. The fastest-growing cost line was General & admin (+20%). Net earnings were $19.6M, down 5% year over year. The effective tax rate was 33.0%.
Operating cash flow was $51.8M (down 4% year over year), 265% of net earnings. Non-cash charges added back $18.9M of depreciation and amortization and $18.5M of share-based compensation. Working capital and other items used $5.2M. Capital expenditures of $10.1M left free cash flow of $41.7M.
Questions
What was Payoneer Global's revenue in the first quarter 2026?
Payoneer Global (PAYO) reported revenue of $262M for the first quarter 2026 (Q1 2026), +6% from a year earlier and -5% from the quarter before.
Was Payoneer Global profitable in the first quarter 2026?
Operating profit was $30.0M (11.5% of revenue) and net earnings $19.6M.
Source: Payoneer Global 10-Q on SEC EDGAR.