Filing Flows › Payoneer Global (PAYO) › Q3 2026
Payoneer Global (PAYO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Payoneer Global (PAYO) reported revenue of $277M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +1% from the quarter before. Operating margin was 9.1%, net earnings $14.9M (5.4% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $277M | +1% | +2% |
| Operating profit | $25.1M | +48% | -31% |
| Net earnings | $14.9M | — | +6% |
| Operating cash flow | $67.3M | +10% | +42% |
| Free cash flow | $62.9M | +25% | +48% |
What changed
Revenue was $276.9M in Q3 2026, up 2% year over year and up 1% from the previous quarter.
Operating profit was $25.1M, a 9.1% margin (down 4.4 points year over year). Operating profit fell $11.3M even though revenue rose $6.1M versus Q3 2025, so costs grew faster than sales. Total costs grew 7% against revenue growth of 2%. The fastest-growing cost line was Research & development (+25%). Net earnings were $14.9M, up 6% year over year. The effective tax rate was 52.3%.
Operating cash flow was $67.3M (up 42% year over year), 451% of net earnings. Non-cash charges added back $21.4M of depreciation and amortization and $18.7M of share-based compensation. Working capital and other items added $12.3M. Capital expenditures of $4.4M left free cash flow of $62.9M.
Questions
What was Payoneer Global's revenue in the third quarter 2026?
Payoneer Global (PAYO) reported revenue of $277M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +1% from the quarter before.
Was Payoneer Global profitable in the third quarter 2026?
Operating profit was $25.1M (9.1% of revenue) and net earnings $14.9M.
Source: Payoneer Global 10-Q on SEC EDGAR.