Payoneer Q2 revenue rises 5% to $274.3 million; net loss of $2.4 million
Payoneer reported second-quarter 2026 revenue of $274.3 million, up 5% year over year, but swung to a net loss of $2.4 million from net income of $19.5 million a year earlier. The company also withdrew its 2026 financial outlook and medium- and long-term targets and suspended earnings calls because of its pending $7.40-per-share cash acquisition by Nuvei, which shareholders would receive if the deal closes.
Key points
- Revenue excluding interest income rose 10% to $222.2 million; interest income fell 11% to $52.1 million.
- Net loss was $2.4 million, compared with net income of $19.5 million in Q2 2025; M&A-related expenses were $13.5 million.
- Adjusted EBITDA rose 7% to $71.4 million; volume grew 15% to $23.7 billion, with B2B volume up 48%.
- Financial outlook for 2026 was withdrawn; the Nuvei deal is expected to close in mid-2027, subject to shareholder and regulatory approvals.
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.