7 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 19.1% per year over the past 5 years.
Operating margin has expanded, at 15.3% in the latest year.
Free cash flow has grown 114.7% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (-22.8% vs 19.1% per year).
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$813M
$73M
0.0%
15.3%
10.4%
0.8%
$207M
—
$416M
2024
$710M
$121M
0.0%
21.0%
16.7%
1.5%
$169M
—
$497M
2023
$591M
$93M
0.0%
17.5%
14.1%
1.3%
$151M
$18M
$617M
2022
$564M
-$12M
0.0%
-3.9%
-2.2%
-0.2%
$73M
$16M
$543M
2021
$461M
-$34M
0.0%
-6.6%
-7.0%
-0.7%
$13M
$14M
$466M
2020
$340M
-$24M
0.0%
-5.1%
-97.7%
-0.6%
$5M
$40M
$103M
2019
$301M
-$625000
0.0%
1.2%
11.7%
—
-$23M
—
$115M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$220M
-$2M
0.0%
7.7%
-0.4%
-0.0%
$50M
—
$346M
Mar '26
$208M
$20M
0.0%
14.4%
3.0%
0.2%
$42M
—
$339M
Dec '25
$217M
$19M
0.0%
13.3%
2.7%
0.2%
$40M
—
$416M
Sep '25
$210M
$14M
0.0%
17.3%
1.9%
0.2%
$49M
—
$479M
Jun '25
$200M
$19M
0.0%
15.0%
2.5%
0.2%
$68M
—
$497M
Mar '25
$186M
$21M
0.0%
15.7%
2.7%
0.3%
$49M
—
$524M
Dec '24
$198M
$18M
0.0%
14.7%
2.5%
0.2%
$42M
—
$497M
Sep '24
$180M
$42M
0.0%
19.5%
5.7%
0.6%
$48M
—
$534M
Jun '24
$171M
$32M
0.0%
27.0%
4.8%
0.5%
$40M
—
$576M
Mar '24
$160M
$29M
0.0%
23.9%
4.4%
0.4%
$38M
$14M
$587M
Dec '23
$157M
$27M
0.0%
16.4%
4.1%
0.4%
$54M
$18M
$617M
Sep '23
$145M
$13M
0.0%
20.3%
2.0%
0.2%
$39M
$16M
$591M
Jun '23
$149M
$46M
0.0%
22.4%
7.3%
0.7%
$55M
$16M
$581M
Mar '23
$140M
$8M
0.0%
10.7%
1.4%
0.1%
$2M
$17M
$545M
Dec '22
$139M
-$10M
0.0%
-6.2%
-1.9%
-0.2%
$36M
$16M
$543M
Sep '22
$144M
-$26M
0.0%
-3.5%
-5.0%
-0.5%
$13M
$16M
$508M
Jun '22
$145M
$4M
0.0%
-1.5%
0.8%
0.1%
$24M
$15M
$492M
Mar '22
$136M
$20M
0.0%
-4.7%
3.9%
0.4%
-$318000
$14M
$466M
Dec '21
$138M
-$19M
0.0%
-3.0%
-3.9%
-0.4%
$6M
$14M
$466M
Sep '21
$122M
$837000
0.0%
-5.3%
0.2%
0.0%
-$8M
—
$449M
Valuation over time
How the market has priced PAYO against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 17.0× (Jan '24) to 33.2× (Sep '26).
The price-to-sales ratio has fallen from 3.8× (Mar '23) to 3.0× (Sep '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is PAYO growing its revenue and profit?
Over the past 5 years, Payoneer Global Inc.'s revenue has grown 19.1% per year. These are computed facts, not advice.
How much debt does PAYO have?
As of FY2025, Payoneer Global Inc. reported — of total debt against $416M of cash.
What is PAYO's profit margin?
In FY2025, gross margin was —, operating margin 15.3%, and net margin 9.0%.
What is PAYO's P/E ratio?
As of Sep '26, Payoneer Global Inc. traded at a price-to-earnings ratio of about 33.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.