Q2 2026
Aug 15, 2026
Paysafe's shares dropped 3.3% following the quarter as investors reacted negatively to margin compression driven by higher marketing and IT spending, despite modest revenue growth. The cautious outlook on sustained profitability and ongoing legal-related expenses likely weighed on sentiment.
Key takeaways
- Q2 revenue increased 4% year-over-year to $447.4 million, supported by $12.5 million in licensing data deal contributions.
- Adjusted EBITDA declined 2% to $102.8 million, with margins compressing to 23% from 24.5% due to $7 million incremental marketing and IT investments in Q2.
- The company reported a 44% adjusted EBITDA to unlevered free cash flow conversion for Q2, generating $45 million, noting typical seasonal cash flow softness and timing issues.
- Legal and restructuring costs remain a headwind, including a $39 million expected cash settlement in H2 and $57 million of prior restructuring expenses related to indemnification liabilities.
- Management emphasized focus on leverage reduction and consistent growth but the increased investment spending and legacy legal costs appear to have tempered investor enthusiasm.
Q1 2026
May 14, 2026
Paysafe’s stock rose 7.5% following Q1 results, reflecting better-than-expected growth driven by strong revenue and user metrics, particularly in Latin America and sports betting, alongside encouraging progress in AI-related commerce initiatives.
Key takeaways
- Revenue grew 10% year-over-year with adjusted EBITDA up 4% and adjusted EPS increasing 21%.
- Active consumer users reached 7.9 million, a 9% increase, with Latin America hitting a new record of 3.3 million active users.
- Merchant-side e-commerce grew 17%, led by iGaming, which expanded 28%, while SMB business showed a modest 2% improvement.
- Operating expenses rose 6%, mainly due to FX and investments in data infrastructure and marketing to support AI initiatives.
- The company reaffirmed full-year growth outlook and highlighted improving net leverage to 5.2x, aiming for valuation support over the next two years.
Q3 2025
Nov 14, 2025
Paysafe reported strong third-quarter results with 6% organic revenue growth, bolstered by a 37% increase in adjusted EPS, underscoring effective client acquisition and solid performance across core markets.
Key takeaways
- Achieved 6% organic revenue growth and 7% adjusted EBITDA growth in Q3 2025.
- Notable strength in North America, driven by a 50% growth in iGaming, along with client wins such as BetMGM.
- Continued share repurchase initiative with an additional $70 million authorized, reflecting confidence in long-term strategy.
- E-commerce growth exceeded 20%, underpinned by a substantial rise in enterprise-level deals and improving revenue per merchant.
- Outlook adjusted for extended timelines on key product initiatives, signaling ongoing adaptation to market dynamics.
Q2 2025
Aug 12, 2025
Paysafe delivered a solid performance in Q2 2025, achieving 5% organic revenue growth and strong adjusted EBITDA growth of 12%, highlighting effective execution on strategic initiatives across its product lines.
Key takeaways
- Revenues declined by 3% to $428.2 million; however, organic growth was solid, driven by e-commerce and digital wallet segments.
- Initiated $20 million in share repurchases, signaling management's belief in the undervaluation of shares.
- New customer acquisition and enhanced engagement from innovative products like PagoEfectivo and the upgraded Skrill wallet contributed to revenue and customer growth.
- Enterprise-level deals showed a promising increase, with annual contract values up over 20% year-to-date.
- Continued expansion in the e-commerce sector with over 30% growth and strengthened partnerships, particularly with BBVA, underlining a strategic focus on banking collaborations.