Payoneer Q4 revenue misses expectations, net income up 5%

Overview

• Financial technology firm's Q4 revenue missed analyst expectations

• Net income for Q4 increased 5% year-over-year

• Company repurchased $175 mln in shares, 8% of shares outstanding

Outlook

• Payoneer expects 2026 revenue ex. interest between $900 mln and $940 mln

• Company projects 2026 adjusted EBITDA ex. interest at $85 mln to $95 mln

• Payoneer estimates 2026 transaction costs at ~15% of revenue

Result Drivers

• B2B SMB GROWTH - B2B SMBs revenue increased 17% year-over-year, contributing significantly to revenue ex. interest

• ARPU INCREASE - ARPU grew 15% year-over-year, driven by larger customers and strategic pricing

• INTEREST INCOME DECLINE - Interest income fell 8% in Q4 due to lower interest rates, affecting overall revenue

Company press release: ID:nPn7ZH8vQa

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "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 $9.23, about 76.1% above its February 25 closing price of $5.24

• The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 21 three months ago

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(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.)