Filing Flows › Payoneer Global (PAYO) › Q3 2026 › vs Q3 2025
Payoneer Global (PAYO) Q3 2026 vs Q3 2025 (year over year)
Payoneer Global's revenue rose $6.1M (+2%) from $271M in Q3 2025 to $277M in Q3 2026. Operating margin 9.1% against 13.4% (-4.4 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 9.1% | 13.4% | -4.4 pts |
| Net margin | 5.4% | 5.2% | +0.2 pts |
| Free cash flow margin | 22.7% | 15.7% | +7.0 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $277M | $271M | $6.1M | +2% |
| Other income, net | $6.2M | −$5.8M | $12.0M | — |
| Operating profit | $25.1M | $36.3M | −$11.3M | -31% |
| Costs & expenses | $252M | $235M | $17.3M | +7% |
| Pre-tax earnings | $31.3M | $30.5M | $769K | +3% |
| Research & development | $50.0M | $39.9M | $10.1M | +25% |
| Sales & marketing | $59.9M | $59.5M | $435K | +0.7% |
| General & admin | $37.8M | $36.1M | $1.7M | +5% |
| Other operating costs | $104M | $99.0M | $5.1M | +5% |
| Net earnings | $14.9M | $14.1M | $794K | +6% |
| Income tax | $16.4M | $16.4M | −$25K | -0.2% |
| Depreciation & amortization | $21.4M | $16.1M | $5.2M | +32% |
| Share-based compensation | $18.7M | $17.8M | $927K | +5% |
| Working capital & other | $12.3M | −$573K | $12.9M | — |
| Operating cash flow | $67.3M | $47.5M | $19.9M | +42% |
| Free cash flow (OCF − capex) | $62.9M | $42.5M | $20.4M | +48% |
| Capital expenditures | $4.4M | $5.0M | −$575K | -12% |
Questions
How much did Payoneer Global's revenue grow year over year in Q3 2026?
Payoneer Global's revenue rose $6.1M (+2%) from $271M in Q3 2025 to $277M in Q3 2026. Operating margin 9.1% against 13.4% (-4.4 pts).