Filing Flows › Payoneer Global (PAYO) › Q3 2026 › vs Q2 2026
Payoneer Global (PAYO) Q3 2026 vs Q2 2026 (quarter over quarter)
Payoneer Global's revenue rose $2.7M (+1%) from $274M in Q2 2026 to $277M in Q3 2026. Operating margin 9.1% against 6.2% (+2.9 pts).
Payoneer Global, Q3 2026: revenue $277M (+2% year over year), operating margin 9.1%, net earnings $14.9M, operating cash flow $67.3M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 9.1% | 6.2% | +2.9 pts |
| Net margin | 5.4% | -0.9% | +6.3 pts |
| Free cash flow margin | 22.7% | 18.3% | +4.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $277M | $274M | $2.7M | +1% |
| Other income, net | $6.2M | −$10.6M | $16.8M | — |
| Operating profit | $25.1M | $16.9M | $8.2M | +48% |
| Costs & expenses | $252M | $257M | −$5.5M | -2% |
| Pre-tax earnings | $31.3M | $6.3M | $25.0M | +396% |
| Research & development | $50.0M | $47.0M | $3.0M | +6% |
| Sales & marketing | $59.9M | $61.8M | −$1.8M | -3% |
| General & admin | $37.8M | $48.4M | −$10.6M | -22% |
| Other operating costs | $104M | $100M | $4.0M | +4% |
| Net earnings | $14.9M | −$2.4M | $17.4M | — |
| Income tax | $16.4M | $8.7M | $7.6M | +87% |
| Depreciation & amortization | $21.4M | $21.2M | $151K | +0.7% |
| Share-based compensation | $18.7M | $19.5M | −$749K | -4% |
| Working capital & other | $12.3M | $22.9M | −$10.6M | -46% |
| Operating cash flow | $67.3M | $61.2M | $6.2M | +10% |
| Free cash flow (OCF − capex) | $62.9M | $50.2M | $12.7M | +25% |
| Capital expenditures | $4.4M | $11.0M | −$6.6M | -60% |
Questions
How much did Payoneer Global's revenue grow quarter over quarter in Q3 2026?
Payoneer Global's revenue rose $2.7M (+1%) from $274M in Q2 2026 to $277M in Q3 2026. Operating margin 9.1% against 6.2% (+2.9 pts).