Revenue: As of FY2026 Q1, the actual value is USD 261.6 M, beating the estimate of USD 254.29 M.EPS: As of FY2026 Q1, the actual value is USD 0.06.EBIT: As of FY2026 Q1, the actual value is USD 30.02 M.<h4>Segment Revenue (by primary regional market)</h4><ul><li>Greater China: Generated $86,616 thousand in Q1 2026, compared to $84,896 thousand in Q1 2025.</li><li>Europe, Middle East, and Africa (EMEA): Contributed $64,751 thousand in Q1 2026, up from $58,893 thousand in Q1 2025.</li><li>Asia-Pacific (APAC): Revenue was $58,185 thousand in Q1 2026, an increase from $51,260 thousand in Q1 2025.</li><li>Latin America: Reported $26,047 thousand in Q1 2026, a decrease from $27,873 thousand in Q1 2025.</li><li>North America: Reached $25,996 thousand in Q1 2026, up from $23,695 thousand in Q1 2025.</li></ul><h4>Operational Metrics</h4><ul><li>Net Income: Payoneer Global Inc. reported a net income of $19.6 million in Q1 2026, a -5% YoY decrease from $20.6 million in Q1 2025. In thousands, net income was $19,568 thousand for Q1 2026 compared to $20,577 thousand for Q1 2025.</li><li>Operating Income: Operating income was $30,021 thousand in Q1 2026, compared to $29,319 thousand in Q1 2025.</li><li>Total Operating Expenses: Totaled $231,574 thousand in Q1 2026, up from $217,298 thousand in Q1 2025.<ul><li>Transaction costs: Were $35,202 thousand in Q1 2026, down from $39,349 thousand in Q1 2025, and as a percentage of revenue, transaction costs were 13.5% in Q1 2026, a decrease of -250 basis points YoY.</li><li>Other operating expenses: Amounted to $40,011 thousand in Q1 2026, compared to $41,658 thousand in Q1 2025.</li><li>Research and development expenses: Increased to $43,326 thousand in Q1 2026 from $37,271 thousand in Q1 2025.</li><li>Sales and marketing expenses: Rose to $58,112 thousand in Q1 2026 from $54,726 thousand in Q1 2025.</li><li>General and administrative expenses: Increased to $36,007 thousand in Q1 2026 from $29,904 thousand in Q1 2025.</li><li>Depreciation and amortization: Totaled $18,916 thousand in Q1 2026, up from $14,390 thousand in Q1 2025.</li></ul></li><li>Adjusted EBITDA: Reached $69.4 million in Q1 2026, a 6% YoY increase from $65.4 million in Q1 2025. In thousands, Adjusted EBITDA was $69,448 thousand for Q1 2026 compared to $65,431 thousand for Q1 2025.</li><li>Adjusted EBITDA ex. Interest Income: Increased significantly by 140% YoY to $17.9 million in Q1 2026 from $7.5 million in Q1 2025.</li><li>Volume: Totaled $22.8 billion in Q1 2026, a 16% YoY increase from $19.7 billion in Q1 2025, with B2B volume growth accelerating to 44% YoY.</li><li>Average Revenue Per User (ARPU): Grew by 17% YoY to $513 in Q1 2026, and ARPU excluding interest income grew by 22%.</li><li>Revenue as a % of volume (“Take Rate”): Was 115 basis points in Q1 2026, a decrease of -10 basis points YoY.</li><li>SMB customer take rate: Expanded by 1 basis point to 120 basis points in Q1 2026.</li><li>SMB customer revenue: Totaled $189 million, growing 12% YoY, including $115 million from SMBs selling on marketplaces (up 4% YoY), $64 million from B2B SMBs (up 23% YoY), and $10 million from Checkout revenue (up 46% YoY).</li><li>Customer funds: Amounted to $7.6 billion as of March 31, 2026, representing a 15% YoY growth.</li><li>Share Repurchases: Payoneer Global Inc. repurchased $74 million in shares in Q1 2026 at a weighted average price of $5.16, significantly up from $17 million in Q1 2025.</li></ul><h4>Cash Flow</h4><ul><li>Net cash provided by operating activities: Was $51,831 thousand for Q1 2026, compared to $53,716 thousand for Q1 2025.</li><li>Net cash used in investing activities: Totaled - $60,890 thousand for Q1 2026, compared to - $47,986 thousand for Q1 2025.</li><li>Net cash used in financing activities: Amounted to - $385,654 thousand for Q1 2026, compared to - $402,446 thousand for Q1 2025.</li></ul><h4>2026 Outlook</h4>Payoneer Global Inc. increased its full-year 2026 guidance, projecting revenue excluding interest between $900 million and $940 million, and interest income at $200 million. The company anticipates adjusted EBITDA to range from $285 million to $295 million. Total revenue is projected to be between $1,100 million and $1,140 million, with transaction costs around 15.0% of revenue.

Payoneer Global | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 261.6 M