Quarterly ResultMay 13, 2026, 07:02 AM
Paysafe Q1 Revenue $442.7M (+10%); Adj. EPS $0.41 (+21%)
AI Summary
Paysafe Ltd. announced its first quarter 2026 financial results, reporting a 10% increase in revenue to $442.7 million and an 8% rise in organic revenue. While adjusted net income saw a modest 1% increase to $21.0 million and adjusted EPS grew 21% to $0.41, the company's net loss widened to $36.5 million. Paysafe also reduced its net debt by $104.3 million, bringing its net leverage ratio to 5.2x, and reaffirmed its full-year 2026 guidance for revenue and Adjusted EBITDA growth. Additionally, Ignacio Caride was appointed to the Board of Directors.
Key Highlights
- Paysafe reported Q1 2026 revenue of $442.7 million, a 10% increase year-over-year.
- Organic revenue grew 8%, with Digital Wallets up 7% and Merchant Solutions up 9%.
- Net loss widened to $36.5 million, or ($0.71) per diluted share.
- Adjusted net income increased 1% to $21.0 million, with Adjusted EPS up 21% to $0.41.
- Adjusted EBITDA increased 4% to $99.2 million.
- The company made $104.3 million in net debt repayments, reducing net leverage to 5.2x.
- Paysafe reaffirmed its full-year 2026 guidance for revenue and Adjusted EBITDA growth of 5% to 8%.
- Ignacio Caride was appointed to Paysafe's Board of Directors, effective May 8, 2026.