PSFE

MKT CAP:$449M

Paysafe Limited

Market Cap

$449M

Technology·Information Technology Services·🇬🇧 United Kingdom·NYSE

Technology·IT Services·🇬🇧·NYSE

Stock Price

$8.66+$0.68 (+8.58%)

Apr 24, 2026

Company Details

Paysafe Limited provides digital commerce solutions to online businesses, small and medium-sized business merchants, and consumers through its Paysafe Network worldwide. The company operates in two segments, US Acquiring and Digital Commerc...

CEO

Bruce F. Lowthers

IPO Date

Oct 9, 2020

Website

www.paysafe.com

Key Metrics TTM

Revenue

$1.7B

-0.2% YoY

Net Income

-$183M

EPS (Diluted)

-$3.15

Free Cash Flow

$136M

Revenue / Share

$30.60

Gross Margin

52.4%

Operating Margin

5.6%

Net Margin

-10.7%

FCF Margin

8.0%

P/S

0.3x

P/E

—

Earnings Reports

Q1 2026

May 12, 2026

PENDING

FY 2025

Mar 3, 2026

$1.7B-0.2%EPS -$3.14

Q4 2025

Mar 3, 2026

$438M+4.4%EPS -$0.45

Q3 2025

Nov 13, 2025

$434M+1.6%EPS -$1.52

Q2 2025

Aug 12, 2025

$428M-2.7%EPS -$0.85

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$368M	$221M	-$1.2B
Q2 22	$379M	$220M	-$703M
Q3 22	$366M	$214M	$5M
Q4 22	$384M	$227M	$18M
Q1 23	$388M	$229M	$35M
Q2 23	$402M	$236M	$34M
Q3 23	$396M	$232M	$43M
Q4 23	$415M	$241M	$46M
Q1 24	$418M	$247M	$33M
Q2 24	$440M	$256M	$37M
Q3 24	$427M	$249M	$34M
Q4 24	$420M	$237M	$30M
Q1 25	$401M	$227M	$10M
Q2 25	$428M	$238M	$21M
Q3 25	$434M	$251M	$39M
Q4 25	$438M	$175M	$25M

Valuation

Quarter	P/S	P/E
Q1 22	0.3x	—
Q2 22	0.3x	—
Q3 22	0.3x	—
Q4 22	0.3x	—
Q1 23	0.3x	—
Q2 23	0.3x	—
Q3 23	0.3x	—
Q4 23	0.3x	—
Q1 24	0.3x	—
Q2 24	0.3x	—
Q3 24	0.3x	—
Q4 24	0.3x	20.2x
Q1 25	0.3x	—
Q2 25	0.3x	—
Q3 25	0.3x	—
Q4 25	0.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$504M	$473M
Q2 22	$876M	$874M
Q3 22	-$6M	-$46M
Q4 22	-$456M	-$458M
Q1 23	$20M	-$15M
Q2 23	$50M	$6M
Q3 23	$102M	$73M
Q4 23	$589M	$565M
Q1 24	$59M	$34M
Q2 24	$54M	$24M
Q3 24	$82M	$79M
Q4 24	$59M	$25M
Q1 25	$52M	$25M
Q2 25	$40M	$4M
Q3 25	$69M	$35M
Q4 25	$75M	$72M

Capital Expenditures

Quarter	CapEx
Q1 22	$31M
Q2 22	$1M
Q3 22	$39M
Q4 22	$2M
Q1 23	$35M
Q2 23	$45M
Q3 23	$29M
Q4 23	$25M
Q1 24	$24M
Q2 24	$30M
Q3 24	$3M
Q4 24	$33M
Q1 25	$27M
Q2 25	$35M
Q3 25	$34M
Q4 25	$3M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-0.7%	+358.7%
Q2 22	+0.4%	+161.3%
Q3 22	+3.5%	-44.8%
Q4 22	+3.2%	+6.6%
Q1 23	+5.5%	-77.4%
Q2 23	+6.2%	-66.0%
Q3 23	+8.3%	-2.3%
Q4 23	+8.1%	+0.8%
Q1 24	+7.7%	+9.0%
Q2 24	+9.3%	+9.6%
Q3 24	+7.7%	+11.2%
Q4 24	+1.3%	+6.1%
Q1 25	-4.0%	+1.5%
Q2 25	-2.7%	+1.1%
Q3 25	+1.6%	+0.5%
Q4 25	+4.4%	+5.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$14M	3.8%
Q2 22	$0	0.0%
Q3 22	$14M	3.7%
Q4 22	$0	0.0%
Q1 23	$7M	1.9%
Q2 23	$11M	2.7%
Q3 23	$5M	1.2%
Q4 23	$6M	1.4%
Q1 24	$9M	2.2%
Q2 24	$13M	2.9%
Q3 24	$13M	3.0%
Q4 24	$4M	0.8%
Q1 25	$8M	2.0%
Q2 25	$11M	2.5%
Q3 25	$6M	1.4%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q4 22	$12M	—
Q1 23	$82.0K	—
Q2 23	$193.0K	—
Q4 23	$8M	—
Q1 24	$653.0K	—
Q2 24	$23.0K	—
Q3 24	$119.0K	—
Q4 24	$7M	—
Q1 25	$644.0K	—
Q2 25	$13.0K	—
Q4 25	—	$150M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$258M	$0	$258M
Q2 22	$244M	$0	$244M
Q3 22	$220M	$0	$220M
Q4 22	$260M	$0	$260M
Q1 23	$222M	$0	$222M
Q2 23	$207M	$0	$207M
Q3 23	$226M	$0	$226M
Q4 23	$202M	$0	$202M
Q1 24	$208M	$0	$208M
Q2 24	$222M	$0	$222M
Q3 24	$241M	$0	$241M
Q4 24	$217M	$0	$217M
Q1 25	$234M	$0	$234M
Q2 25	$266M	$0	$266M
Q3 25	$249M	$0	$249M
Q4 25	$1.3B	$0	$1.3B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	60M	+0.0%	+0.0%
Q2 22	60M	+0.3%	+0.3%
Q3 22	61M	+0.3%	+0.6%
Q4 22	61M	+0.1%	+0.6%
Q1 23	61M	+0.4%	+1.0%
Q2 23	61M	+0.8%	+1.6%
Q3 23	62M	+0.2%	+1.5%
Q4 23	62M	+0.2%	+1.6%
Q1 24	62M	+0.5%	+1.7%
Q2 24	61M	-2.1%	-1.2%
Q3 24	61M	+0.1%	-1.4%
Q4 24	62M	+2.1%	+0.5%
Q1 25	60M	-3.5%	-3.5%
Q2 25	59M	-0.9%	-2.3%
Q3 25	58M	-2.9%	-5.2%
Q4 25	56M	-3.5%	-10.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$105.0K	4K
Q2 22	$108.3K	4K
Q3 22	$104.6K	4K
Q4 22	$116.2K	3K
Q1 23	$117.5K	3K
Q2 23	$121.9K	3K
Q3 23	$120.1K	3K
Q4 23	$129.5K	3K
Q1 24	$130.5K	3K
Q2 24	$137.5K	3K
Q3 24	$133.5K	3K
Q4 24	$127.3K	3K
Q1 25	$121.5K	3K
Q2 25	$129.8K	3K
Q3 25	$131.5K	3K
Q4 25	$151.2K	3K

Revenue / Employee