Payoneer Global

Q2 FY2026 EarningsQ2 FY26 revenue was in-line at $274.3M vs. $271.0M expected, with strong B2B volume growth of 48% YoY helping offset an 11% decline in interest income. Normalized Net Income of $23.4M met expectations, despite a GAAP net loss driven by $13.5M in one-time M&A expenses related to the pending Nuvei acquisition. Adjusted EBITDA of $71.4M beat consensus, supported by a 190 bps reduction in transaction costs as a % of revenue. Due to the proposed acquisition, the company has suspended guidance and earnings calls.