Payoneer Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,040	977.72	831.1	627.62	473.4	345.59
Revenue Growth (YoY)	10.58%	17.64%	32.42%	32.58%	36.98%	8.76%
Cost of Revenue	165.52	152.11	122.29	110.17	101.48	97.04
Gross Profit	874.3	825.61	708.81	517.46	371.93	248.55
Selling, General & Admin	398.75	351.43	315.69	280.88	178.73	114.48
Research & Development	116.51	98.86	93.76	91.06	80.76	52.3
Other Operating Expenses	157.08	156.79	147.66	138.33	116.46	78.94
Operating Expenses	742.42	665.29	596.95	541.38	402.02	265.23
Operating Income	131.88	160.32	111.86	-23.92	-30.1	-16.68
Interest Expense	-13.01	-	-	-10.13	-6.85	-
Interest & Investment Income	-	-	-	-	-	2.01
Earnings From Equity Investments	-	-	-	-0	-0.04	-0.14
Other Non Operating Income (Expenses)	2.42	5.19	28.93	33.96	11.82	-
EBT Excluding Unusual Items	121.29	165.51	140.79	-0.09	-25.16	-14.81
Merger & Restructuring Charges	-4.22	-7.67	-7.96	-	-	-
Asset Writedown	-0.46	-1.85	-0.29	-0.61	-0.11	-0.62
Other Unusual Items	-2.27	-16.52	-	2.32	-	-
Pretax Income	114.34	139.47	132.54	1.62	-25.28	-15.43
Income Tax Expense	41.97	18.31	39.2	13.59	8.71	8.32
Net Income	72.37	121.16	93.33	-11.97	-33.99	-23.75
Preferred Dividends & Other Adjustments	-	-	-	-	33.63	13.64
Net Income to Common	72.37	121.16	93.33	-11.97	-67.62	-37.38
Net Income Growth	-44.33%	29.82%	-	-	-	-
Shares Outstanding (Basic)	370	358	362	348	203	47
Shares Outstanding (Diluted)	393	386	393	348	203	47
Shares Change (YoY)	2.23%	-1.64%	12.82%	71.55%	331.59%	30.16%
EPS (Basic)	0.20	0.34	0.26	-0.03	-0.33	-0.80
EPS (Diluted)	0.18	0.31	0.24	-0.03	-0.33	-0.80
EPS Growth	-46.14%	29.17%	-	-	-	-
Free Cash Flow	208.44	168.74	147.43	73.46	13.12	4.53
Free Cash Flow Per Share	0.53	0.44	0.38	0.21	0.07	0.10
Gross Margin	84.08%	84.44%	85.29%	82.45%	78.56%	71.92%
Operating Margin	12.68%	16.40%	13.46%	-3.81%	-6.36%	-4.83%
Profit Margin	6.96%	12.39%	11.23%	-1.91%	-14.28%	-10.82%
Free Cash Flow Margin	20.05%	17.26%	17.74%	11.70%	2.77%	1.31%
EBITDA	154.42	169.02	119.95	-15.64	-23.04	-9.83
EBITDA Margin	14.85%	17.29%	14.43%	-2.49%	-4.87%	-2.84%
D&A For EBITDA	22.54	8.7	8.09	8.29	7.06	6.85
EBIT	131.88	160.32	111.86	-23.92	-30.1	-16.68
EBIT Margin	12.68%	16.40%	13.46%	-3.81%	-6.36%	-4.83%
Effective Tax Rate	36.70%	13.13%	29.58%	840.72%	-	-

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q