Quarterly ResultMay 7, 2026, 07:38 AM
Payoneer Q1 Revenue ex. Interest +11%; Raises 2026 Guidance
AI Summary
Payoneer Global Inc. reported strong financial results for the first quarter ended March 31, 2026, with revenue excluding interest income increasing 11% year-over-year to $210.1 million. The company saw significant operational momentum, including a 44% acceleration in B2B volume growth and a 12% rise in SMB customer revenue. Payoneer also increased its full-year 2026 guidance for revenue ex. interest to $900-$940 million and Adjusted EBITDA to $285-$295 million, reflecting confidence in its continued growth and profitability.
Key Highlights
- Q1 2026 revenue ex. interest income increased 11% year-over-year to $210.1 million.
- Q1 2026 Adjusted EBITDA grew 6% year-over-year to $69.4 million.
- B2B volume growth accelerated significantly to 44% year-over-year.
- SMB customer revenue increased 12% year-over-year to $189 million.
- Average Revenue Per User (ARPU) grew 17% year-over-year to $513.
- Repurchased $74 million in shares during Q1 2026, up from $17 million in Q1 2025.
- Increased 2026 revenue ex. interest guidance to $900-$940 million.
- Increased 2026 Adjusted EBITDA guidance to $285-$295 million.