Payoneer Q2 revenue beats on B2B  volume growth

Payoneer Global

06/08/2026 12:54

Overview
US cross-border payments platform's Q2 revenue rose 5%, beating analyst expectations
Adjusted EBITDA for Q2 grew 7% year-over-year
Company agreed in June to be acquired by Nuvei for $7.40/share in cash

Outlook
Payoneer is withdrawing financial outlook for full-year 2026 and medium/long-term targets

Result Drivers
B2B VOLUME ACCELERATION - Co said 15% overall volume growth was led by a 48% year-over-year increase in B2B transaction volume, with strong growth across all major regions and momentum acquiring larger customers, especially in China and EMEA
ARPU EXPANSION - Average revenue per user rose 18% year-over-year, with 22% growth excluding interest income, marking the eighth consecutive quarter of 20%+ ARPU growth ex-interest income
CHECKOUT AND ENTERPRISE PAYOUTS - Checkout volume increased 52% and enterprise payouts volume rose 22% year-over-year, contributing to overall volume and revenue growth

Company press release: ID:nPn9M95d4a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$274.30 mln
$270.98 mln (9 Analysts)
Q2 Loss Per Share
 
$0.01
 
Q2 Net Loss
 
$2.40 mln
 
Q2 Operating Expenses
 
$257.33 mln
 
Q2 Operating income
 
$16.93 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for Payoneer Global Inc is $7.40, about 3.9% above its August 5 closing price of $7.12
The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 18 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)