Payoneer Global Inc. (PAYO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 261.6M | 274.69M | 270.85M | 260.61M | 246.62M | 261.74M | 248.27M | 239.52M | 228.18M | 224.32M | 208.03M | 206.73M | 192.01M | 183.56M | 158.92M | 148.19M | 136.96M | 139.22M | 122.65M | 110.93M |
| Revenue Growth % | 6.07% | 4.95% | 9.09% | 8.81% | 8.08% | 16.68% | 19.34% | 15.86% | 18.84% | 22.21% | 30.91% | 39.51% | 40.2% | 31.85% | 29.57% | 33.59% | 36.13% | 47% | - | - |
| Cost of Goods Sold | 54.12M | 62.38M | 42.48M | 40.57M | 39.35M | 43.12M | 38.06M | 36.96M | 33.97M | 36.32M | 30.39M | 28.5M | 27.08M | 30.39M | 27.99M | 26.21M | 25.57M | 28.13M | 24.67M | 28.52M |
| COGS % of Revenue | 20.69% | 22.71% | 15.69% | 15.57% | 15.96% | 16.47% | 15.33% | 15.43% | 14.89% | 16.19% | 14.61% | 13.78% | 14.1% | 16.56% | 17.61% | 17.69% | 18.67% | 20.21% | 20.11% | 25.71% |
| Gross Profit | 207.48M | 212.31M | 228.37M | 220.05M | 207.27M | 218.62M | 210.22M | 202.56M | 194.22M | 188M | 177.64M | 178.24M | 164.93M | 153.17M | 130.93M | 121.98M | 111.38M | 111.09M | 97.98M | 82.41M |
| Gross Margin % | 79.31% | 77.29% | 84.31% | 84.43% | 84.04% | 83.53% | 84.67% | 84.57% | 85.11% | 83.81% | 85.39% | 86.22% | 85.9% | 83.44% | 82.39% | 82.31% | 81.33% | 79.79% | 79.89% | 74.29% |
| Gross Profit Growth % | 0.1% | -2.89% | 8.63% | 8.63% | 6.72% | 16.29% | 18.34% | 13.65% | 17.76% | 22.74% | 35.68% | 46.12% | 48.08% | 37.88% | 33.63% | 48.02% | 38.45% | 57% | - | - |
| Operating Expenses | 175.47M | 183.39M | 192.02M | 189.97M | 177.95M | 189.43M | 175.05M | 156.25M | 155.84M | 162.29M | 148.14M | 144.84M | 149.92M | 161.73M | 136.03M | 124.18M | 117.73M | 115.28M | 104.49M | 100.77M |
| OpEx % of Revenue | 67.08% | 66.76% | 70.9% | 72.89% | 72.16% | 72.38% | 70.51% | 65.23% | 68.3% | 72.35% | 71.21% | 70.06% | 78.08% | 88.11% | 85.6% | 83.8% | 85.96% | 82.81% | 85.19% | 90.84% |
| Selling, General & Admin | 94.12M | 101.97M | 95.51M | 94.22M | 84.63M | 123.27M | 82.04M | 76.72M | 74.1M | 96.99M | 73.78M | 70.41M | 74.51M | 77.1M | 62.77M | 57.01M | 52.6M | 53.66M | 45.55M | 45.87M |
| SG&A % of Revenue | 35.98% | 37.12% | 35.26% | 36.15% | 34.32% | 47.1% | 33.04% | 32.03% | 32.47% | 43.24% | 35.46% | 34.06% | 38.8% | 42.01% | 39.5% | 38.47% | 38.4% | 38.55% | 37.13% | 41.35% |
| Research & Development | 43.33M | 40.9M | 39.86M | 37.39M | 37.27M | 40.38M | 34.62M | 27.58M | 32.05M | 34.97M | 26.95M | 28M | 29.28M | 32.9M | 29.62M | 26.61M | 25.91M | 25.46M | 20.1M | 18.54M |
| R&D % of Revenue | 16.56% | 14.89% | 14.72% | 14.35% | 15.11% | 15.43% | 13.94% | 11.51% | 14.05% | 15.59% | 12.95% | 13.54% | 15.25% | 17.92% | 18.64% | 17.95% | 18.92% | 18.29% | 16.39% | 16.71% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 32.01M | 28.92M | 36.35M | 30.08M | 29.32M | 29.18M | 35.16M | 46.31M | 38.38M | 25.71M | 29.5M | 33.39M | 15.01M | -8.56M | -5.1M | -2.2M | -6.34M | -4.19M | -6.51M | -18.36M |
| Operating Margin % | 12.24% | 10.53% | 13.42% | 11.54% | 11.89% | 11.15% | 14.16% | 19.33% | 16.82% | 11.46% | 14.18% | 16.15% | 7.82% | -4.67% | -3.21% | -1.49% | -4.63% | -3.01% | -5.3% | -16.55% |
| Operating Income Growth % | 9.17% | -0.89% | 3.37% | -35.05% | -23.6% | 13.53% | 19.2% | 38.68% | 155.64% | 400.16% | 678.07% | 1615.06% | 336.67% | -104.25% | 21.56% | 88% | -452.05% | 55.51% | - | - |
| EBITDA | 50.92M | 48.47M | 52.49M | 57.88M | 31.45M | 31.4M | 47.28M | 64.32M | 40.48M | 27.8M | 31.48M | 35.26M | 17.16M | -6.43M | -3.02M | -49K | -4.43M | -2.29M | -4.79M | -16.68M |
| EBITDA Margin % | 19.47% | 17.64% | 19.38% | 22.21% | 12.75% | 12% | 19.04% | 26.85% | 17.74% | 12.39% | 15.13% | 17.05% | 8.93% | -3.5% | -1.9% | -0.03% | -3.23% | -1.65% | -3.91% | -15.04% |
| EBITDA Growth % | 61.89% | 54.34% | 11.01% | -10.01% | -22.3% | 12.95% | 50.19% | 82.44% | 135.98% | 532.25% | 1142.11% | 72051.02% | 487.53% | -180.75% | 36.96% | 99.71% | -825.74% | 70.12% | - | - |
| D&A (Non-Cash Add-back) | 18.92M | 19.54M | 16.14M | 27.81M | 2.14M | 2.22M | 12.12M | 18.01M | 2.11M | 2.1M | 1.98M | 1.86M | 2.14M | 2.13M | 2.08M | 2.15M | 1.92M | 1.9M | 1.71M | 1.68M |
| EBIT | 32.01M | 27.46M | 36.35M | 30.08M | 27.77M | 26.21M | 22.09M | 48.29M | 42.88M | 43.07M | 22.84M | 51.3M | 17.11M | -1.99M | -20.2M | 6.13M | 22.5M | -15.56M | 4.8M | -9.22M |
| Net Interest Income | 613K | 0 | 53.7M | 58.11M | 57.97M | 57.62M | 66.84M | 66.8M | 2.75M | -1.78M | 1.14M | 4.32M | 2.35M | -549K | -3.62M | -338K | -320K | -220K | -3.31M | 0 |
| Interest Income | 0 | 0 | 59.53M | 58.33M | 57.97M | 57.62M | 66.84M | 66.8M | 2.75M | 0 | 1.14M | 4.32M | 2.35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -613K | 0 | 5.84M | 227K | 0 | 0 | 0 | 0 | 0 | 1.78M | 0 | 0 | 0 | 549K | 3.62M | 338K | 320K | 220K | 3.31M | 0 |
| Other Income/Expense | -2.8M | -1.47M | -5.84M | -227K | -1.55M | -2.98M | -13.07M | 1.98M | 4.51M | 15.59M | -6.66M | 17.9M | 2.1M | 6.02M | -18.71M | 8M | 28.52M | -11.59M | 8.01M | 9.14M |
| Pretax Income | 29.21M | 27.46M | 30.51M | 29.85M | 27.77M | 26.21M | 22.09M | 48.29M | 42.88M | 41.29M | 22.84M | 51.3M | 17.11M | -2.54M | -23.82M | 5.8M | 22.18M | -15.78M | 1.5M | -9.22M |
| Pretax Margin % | 11.17% | 10% | 11.26% | 11.45% | 11.26% | 10.01% | 8.9% | 20.16% | 18.79% | 18.41% | 10.98% | 24.81% | 8.91% | -1.38% | -14.99% | 3.91% | 16.19% | -11.34% | 1.22% | -8.31% |
| Income Tax | 9.64M | 8.45M | 16.39M | 10.37M | 7.19M | 8.02M | -19.48M | 15.87M | 13.91M | 14.27M | 10.01M | 5.75M | 9.17M | 7.61M | 2.63M | 1.37M | 1.97M | 3.12M | 662K | 3.2M |
| Effective Tax Rate % | 33.01% | 30.76% | 53.71% | 34.74% | 25.9% | 30.59% | -88.2% | 32.85% | 32.44% | 34.56% | 43.84% | 11.2% | 53.61% | -299.49% | -11.06% | 23.71% | 8.87% | -19.78% | 44.16% | -34.69% |
| Net Income | 19.57M | 19.01M | 14.12M | 19.48M | 20.58M | 18.19M | 41.57M | 32.42M | 28.97M | 27.02M | 12.82M | 45.55M | 7.94M | -10.15M | -26.45M | 4.42M | 20.21M | -18.9M | 837K | -12.41M |
| Net Margin % | 7.48% | 6.92% | 5.21% | 7.47% | 8.34% | 6.95% | 16.75% | 13.54% | 12.7% | 12.05% | 6.16% | 22.03% | 4.13% | -5.53% | -16.65% | 2.98% | 14.76% | -13.58% | 0.68% | -11.19% |
| Net Income Growth % | -4.9% | 4.52% | -66.03% | -39.92% | -28.98% | -32.68% | 224.16% | -28.81% | 265% | 366.19% | 148.48% | 930.05% | -60.72% | 46.3% | -3260.33% | 135.62% | 676.14% | -68.54% | - | - |
| Net Income (Continuing) | 19.57M | 19.01M | 14.12M | 19.48M | 20.58M | 18.19M | 41.57M | 32.42M | 28.97M | 27.02M | 12.82M | 45.55M | 7.94M | -10.15M | -26.45M | 4.42M | 20.21M | -18.9M | 837K | -12.41M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.06 | 0.05 | 0.04 | 0.05 | 0.05 | 0.05 | 0.11 | 0.09 | 0.08 | 0.07 | 0.03 | 0.12 | 0.02 | -0.03 | -0.08 | 0.01 | 0.06 | -0.06 | 0.00 | -0.03 |
| EPS Growth % | 11.6% | 8.9% | -66% | -41.01% | -34.64% | -33.61% | 227.38% | -27.67% | 275% | 347.74% | 142% | 1100% | -63.04% | 48.29% | - | 128.74% | 630.77% | -67.67% | - | - |
| EPS (Basic) | 0.06 | 0.05 | 0.04 | 0.05 | 0.06 | 0.05 | 0.12 | 0.09 | 0.08 | 0.08 | 0.04 | 0.12 | 0.02 | -0.03 | -0.08 | 0.01 | 0.06 | -0.06 | 0.00 | -0.04 |
| Diluted Shares Outstanding | 350.47M | 362.6M | 377.63M | 380.63M | 382.22M | 386.24M | 374.3M | 373.37M | 378.72M | 379.88M | 381.85M | 387.62M | 388.31M | 352.76M | 349.74M | 366.01M | 365.99M | 340.58M | 374.4M | 356.37M |
| Basic Shares Outstanding | 345.34M | 356.31M | 368.27M | 368.77M | 362.98M | 358.35M | 357.3M | 356.32M | 359.31M | 354.7M | 357.43M | 365M | 360.22M | 352.76M | 349.74M | 345.52M | 365.99M | 340.38M | 339.72M | 339.03M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |