Payoneer Global Inc. (PAYO)
Payoneer Global Inc. provides a foundational digital platform that empowers global commerce and payment processing for marketplaces, various online platforms, and e-commerce merchants worldwide. The company offers a comprehensive array of solutions, including international payment transfers, business-to-business (B2B) accounts payable and receivable management, multi-currency accounts, both physical and virtual Mastercard options, access to working capital, and specialized services covering merchant support, tax management, compliance, and risk mitigation. This robust platform is built with enterprise-grade security, exceptional stability, and redundancy, integrating modern digital capabilities to unify global financial interactions. A core focus is its international payment offerings, which enable a vast ecosystem of marketplaces and their vendors to process payments in approximately 190 countries and territories by seamlessly integrating with Payoneer's APIs. Established in 2005, the company is headquartered in New York, New York.
Sector: Services-Business Services, NEC
Industry: Software - Infrastructure
Payoneer Global Inc.
NASDAQ:PAYOTechnology · Software - Infrastructure
PrePre-market+0.00%$7.15
Close$7.150.00%Now$7.15
Close$7.15-0.28%AH$7.15+0.00%vs close
Mkt Cap$2.44B
Float274.23M
O/S340.92M
Inst Own88.6%
SI5.1%
Dilution
Financials Summary
Revenue$1.05B
Net Income$73.19M
Total Assets$8.96B
Free Cash Flow$206.62M
Debt & Equity
Debt 9%
Equity 91%
Total Debt$72.33M
Total Equity$704.43M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PAYO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$8.96B
Liabilities$8.25B
Accounts Receivable$97.77M
Accounts Payable$44.61M
Inventory$0
PP&E (Net)$94.69M
Goodwill$77.78M
Intangible Assets$208.05M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Revenue | $1.05B | $977.72M | $831.1M | $627.62M | $473.4M | $345.59M | $317.75M | $260.13M |
| YoY Growth | 7.7% | 17.6% | 32.4% | 32.6% | 37.0% | 8.8% | 22.1% | - |
| Cost of Revenue | $230.86M | $152.11M | $122.29M | $110.17M | $101.48M | $97.04M | $94.67M | $81.37M |
| Gross Profit | $821.91M | $825.61M | $708.81M | $517.46M | $371.93M | $248.55M | $223.09M | $178.77M |
| Gross Margin | 78.1% | 84.4% | 85.3% | 82.4% | 78.6% | 71.9% | 70.2% | 68.7% |
| Research and Development | $155.42M | $134.63M | $119.2M | $115.04M | $80.76M | $52.3M | $34.77M | $29.38M |
| Selling, General, and Administrative | $376.56M | $351.43M | $315.69M | $280.88M | $178.73M | $114.47M | $92.04M | $74.55M |
| Other | $165.26M | $190.52M | $170.32M | $143.75M | $142.65M | $99.07M | $92.64M | $76.76M |
| Total Operating Expenses | $697.24M | $676.58M | $605.2M | $539.67M | $402.14M | $265.85M | $219.44M | $180.69M |
| Operating Income (EBIT) | $124.67M | $149.03M | $103.61M | -$22.21M | -$30.21M | -$17.3M | $3.64M | -$1.93M |
| Operating Margin | 11.8% | 15.2% | 12.5% | -3.5% | -6.4% | -5.0% | 1.1% | -0.7% |
| Interest Expense | $0 | $0 | $0 | $10.13M | $220K | $0 | $0 | $0 |
| Interest Income | $0 | $259.26M | $242.2M | $55.29M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$9.08M | -$9.56M | $28.93M | $23.83M | $4.93M | $1.87M | $443K | -$2.17M |
| Income Before Tax (EBT) | $115.59M | $139.47M | $132.54M | $1.62M | -$25.28M | -$15.43M | $4.08M | -$4.1M |
| Income Tax Expense | $42.4M | $18.31M | $39.2M | $13.59M | $8.71M | $8.32M | $4.71M | $3.09M |
| Net Income | $73.19M | $121.16M | $93.33M | -$11.97M | -$33.99M | -$23.75M | -$625K | -$7.19M |
| Net Income Margin | 7.0% | 12.4% | 11.2% | -1.9% | -7.2% | -6.9% | -0.2% | -2.8% |
| Supplementary Data | ||||||||
| EPS | 0.20 | 0.34 | 0.26 | -0.03 | -0.20 | -0.07 | -0.00 | -0.02 |
| Diluted EPS | 0.19 | 0.31 | 0.24 | -0.03 | -0.19 | -0.07 | -0.00 | -0.02 |
| Weighted Average OS | 361.17M | 358.35M | 361.68M | 348.04M | 340.05M | 338.35M | 338.35M | 338.35M |
| EBITDA | $181.21M | $184.92M | $160.03M | $31.99M | -$7.06M | $1.67M | $14.42M | $3.77M |
| EBITDA Margin | 17.2% | 18.9% | 19.3% | 5.1% | -1.5% | 0.5% | 4.5% | 1.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $415.54M | $497.47M | $617.02M | $543.3M | $465.93M | $102.99M | $114.9M | $104.01M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $415.54M | $497.47M | $617.02M | $543.3M | $465.93M | $102.99M | $114.9M | $104.01M |
| Accounts Receivable | $97.77M | $92.83M | $66.32M | $61.2M | $77.34M | $84.03M | $73.12M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $7.56B | $6.45B | $6.4B | $5.85B | $4.41B | $3.38B | $1.71B | $1.47B |
| Total Current Assets | $8.11B | $7.1B | $7.11B | $6.47B | $4.96B | $3.57B | $1.9B | $1.58B |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $94.69M | $35.46M | $40.35M | $29.65M | $25.08M | $12.69M | $14.27M | $0 |
| Goodwill | $77.78M | $77.78M | $19.89M | $19.89M | $21.13M | $22.54M | $0 | $0 |
| Intangible Assets | $208.05M | $102.39M | $76.27M | $45.44M | $37.53M | $34.41M | $16.19M | $0 |
| Long-Term Investments | $0 | $0 | $0 | $6.43M | $7.01M | $6.86M | $6.56M | $0 |
| Deferred Tax Assets | $56.9M | $41.52M | $15.29M | $4.17M | $4.9M | $3.68M | $2.96M | $0 |
| Other Long-Term Assets | $408.24M | $573.58M | $22.6M | $17.96M | $20.38M | $19.03M | $17.18M | $0 |
| Total Long-Term Assets | $845.67M | $830.74M | $174.4M | $123.55M | $116.03M | $99.22M | $57.17M | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $8.96B | $7.93B | $7.28B | $6.59B | $5.08B | $3.67B | $1.96B | $1.58B |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $44.61M | $37.3M | $33.94M | $41.57M | $17.2M | $17.25M | $13.95M | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $13.5M | $0 | $0 |
| Current Income Tax Payable | $0 | $3.76M | $2.41M | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $7.89B | $6.96B | $6.39B | $5.84B | $4.4B | $3.35B | $1.69B | $0 |
| Other Current Liabilities | $87.02M | $81.48M | $67.84M | $64.46M | $47.01M | $33.25M | $26.26M | $1.39B |
| Total Current Liabilities | $8.08B | $7.13B | $6.54B | $5.98B | $4.5B | $3.44B | $1.74B | $1.39B |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $0 | $0 | $18.41M | $16.14M | $13.66M | $26.52M | $60M | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $93.23M | $48.8M | $30M | $21.05M | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $10.13M | $10.07M | $10.63M | $28.18M | $76.13M | $177.94M | $162.81M | $45.07M |
| Total Long-Term Liabilities | $168.44M | $74.51M | $76.87M | $71.88M | $93.85M | $204.46M | $222.81M | $45.07M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $8.25B | $7.21B | $6.62B | $6.05B | $4.59B | $3.65B | $1.97B | $1.44B |
| Stockholders' Equity | ||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $154.8M |
| Common Stock | $4.12M | $3.96M | $3.69M | $3.53M | $3.4M | $486K | $200K | $180K |
| Retained Earnings | $179.16M | $105.97M | -$15.2M | -$108.53M | -$94.05M | -$60.07M | -$36.32M | -$35.98M |
| Comprehensive Income & Other | -$6.28M | -$12.61M | -$176K | -$176K | $2.25M | $4.17M | $143K | -$719K |
| Other Stockholders' Equity | $521.15M | $614.86M | $675.78M | $650.26M | $577.72M | $83.88M | $30.76M | $174.14M |
| Total Equity | $704.43M | $724.79M | $664.27M | $545.26M | $487.07M | $24.3M | -$5.36M | $138.34M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $8.96B | $7.93B | $7.28B | $6.59B | $5.08B | $3.67B | $1.96B | $1.58B |
| Supplementary Data | ||||||||
| Total Debt | $72.33M | $21.38M | $43.42M | $31.01M | $27.02M | $40.02M | $60M | $0 |
| Net Debt | -$343.2M | -$476.09M | -$573.6M | -$512.29M | -$438.91M | -$62.96M | -$54.9M | -$104.01M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Operating Activities | ||||||||
| Net Income | $73.19M | $121.16M | $93.33M | -$11.97M | -$33.99M | -$23.75M | -$625K | -$7.19M |
| Depreciation & Amortization | $65.63M | $45.45M | $27.49M | $20.24M | $18M | $17.09M | $10.34M | $7.87M |
| Deferred Income Tax | -$17.41M | -$22.62M | -$11.12M | $731K | -$1.22M | -$721K | -$694K | -$414K |
| Stock-Based Compensation | $73.1M | $64.79M | $65.77M | $52.15M | $37.01M | $11.07M | $9.54M | $6.92M |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | $1.53M | $337K | $4.9M | $964K | $3.93M | $255.92M | $129.32M | -$2.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$14.36M |
| Accounts Payable | $7.87M | $1.13M | -$8.33M | $24.28M | $469K | $2.87M | $6.82M | $1.53M |
| Other Working Capital | $46.79M | -$42.09M | $8.84M | $28.15M | $1.4M | -$252.53M | -$168.57M | -$678K |
| Total Working Capital Change | $56.19M | -$40.63M | $5.42M | $53.4M | $5.81M | $6.26M | -$32.43M | -$15.72M |
| Other Non-Cash Items | -$17.22M | $8.77M | -$21.39M | -$30.59M | -$5.6M | -$433K | -$440K | $2.54M |
| Net Cash from Operating | $233.49M | $176.93M | $159.49M | $83.96M | $20.02M | $9.53M | -$14.31M | -$5.99M |
| Investing Activities | ||||||||
| Capital Expenditures | -$26.87M | -$8.19M | -$12.06M | -$28.83M | -$6.89M | -$4.99M | -$9.15M | -$10.86M |
| Acquisitions | -$33.08M | -$48.22M | $0 | $0 | $0 | -$15.48M | -$6.5M | $0 |
| Purchases of Investments | -$446.3M | -$2.08B | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $328.5M | $277M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$40.59M | -$102.89M | -$32.2M | $34.57M | $17.05M | -$46.38M | -$4.93M | -$566K |
| Net Cash from Investing | -$218.34M | -$1.96B | -$44.25M | $5.73M | $10.16M | -$66.85M | -$20.58M | -$11.43M |
| Financing Activities | ||||||||
| Debt Repaid | - | $18.41M | -$2.27M | -$2.61M | $26.36M | $19.98M | -$60M | - |
| Common Stock Issuance | $714K | $1.28M | $13.2M | $21.35M | $19M | $0 | $0 | $818K |
| Common Stock Repurchases | -$174.93M | -$137.51M | -$55.44M | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $912.26M | $582.41M | $551.91M | $1.44B | $1.44B | $1.66B | $293.74M | $553.62M |
| Net Cash from Financing | $738.04M | $427.77M | $511.95M | $1.46B | $1.4B | $1.67B | $353.74M | $553.62M |
| Forex Effect | $5.31M | -$3.59M | $4.46M | -$2.72M | -$1.22M | $636K | $521K | -$2.54M |
| Net Change in Cash | $758.5M | -$1.36B | $631.65M | $1.55B | $1.43B | $1.62B | $319.37M | $533.67M |
| Supplementary Data | ||||||||
| Operating Cash Flow | $233.49M | $176.93M | $159.49M | $83.96M | $20.02M | $9.53M | -$14.31M | -$5.99M |
| Capital Expenditure | -$26.87M | -$60.39M | -$47.79M | -$28.83M | -$20.9M | -$14.04M | -$17.29M | -$10.86M |
| Free Cash Flow | $206.62M | $116.53M | $111.7M | $55.13M | -$884K | -$4.51M | -$31.6M | -$16.85M |
| Cash at Beginning | $5.66B | $7.02B | $6.39B | $4.84B | $3.41B | $1.8B | $1.48B | $943.48M |
| Cash at End | $6.42B | $5.66B | $7.02B | $6.39B | $4.84B | $3.41B | $1.8B | $1.48B |