Payoneer posts Q4 adjusted EBITDA ex. interest income of USD 12.8 million (up 3.8x YoY)

Payoneer reported Q4 2025 revenue of USD 274.7 million (+5%) and revenue excluding interest income of USD 218.9 million (+9%), with interest income of USD 55.8 million (-8%). Q4 net income was USD 19.0 million (+5%) and adjusted EBITDA was USD 68.5 million (+8%); volume reached USD 24.8 billion (+10%) and ARPU was USD 488 (+15%), while active ideal customer profiles (ICPs) were 536,000 (-4%). In Q4, SMB customer revenue was USD 197 million (+9%), including marketplace SMBs revenue of USD 122 million (+4%), B2B SMBs revenue of USD 65 million (+17%), and Checkout revenue of USD 11 million (+25%); Payoneer card spend was USD 1.6 billion (+6%) and customer funds were USD 7.9 billion (+13%). For FY 2025, Payoneer posted revenue of USD 1.0528 billion (+8%) and revenue excluding interest income of USD 821.2 million (+14%), with net income of USD 73.2 million (-40%) and adjusted EBITDA of USD 271.7 million (flat); FY volume was USD 87.5 billion (+9%) and FY SMB customer revenue was USD 742 million (+15%), including B2B SMBs revenue of USD 237 million (+28%) and Checkout revenue of USD 35 million (+55%). The company repurchased USD 175 million of shares in 2025 (including USD 80 million in Q4 at a weighted average price of USD 5.76), acquired Boundless in January 2026 for USD 13 million plus an earn-out of up to USD 4 million, received in-principle authorization as a Payment Aggregator-Cross Border in India, announced plans to launch stablecoin capabilities powered by Bridge, and filed an OCC application to establish an uninsured national trust bank to support its stablecoin strategy. For 2026, Payoneer guided to revenue excluding interest income of USD 900 million to USD 940 million and adjusted EBITDA excluding interest income of USD 85 million to USD 95 million (more than double FY 2025), alongside total revenue of USD 1.09 billion to USD 1.13 billion and adjusted EBITDA of USD 275 million to USD 285 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Payoneer Global Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602260730PR_NEWS_USPR_____NY96203) on February 26, 2026, and is solely responsible for the information contained therein.