Paysafe earnings date
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Paysafe (PSFE) Q3 2026 Earnings Report
PSFE Q3 2026 EPS Results
- Actual EPS
- $0.44
- Consensus EPS
- $0.55
- Beat/Miss
- Missed by -$0.11
- One Year Ago EPS
- $0.70
PSFE Q3 2026 Revenue Results
- Actual Revenue
- $439.57M
- Expected Revenue
- $448.53M
- Beat/Miss
- Missed by -$8.96M
- YoY Revenue Growth
- +1.33%
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 11/12/2026
- Time
- Before Open
- Conference Call
- Thursday, November 12, 2026
Paysafe's next earnings date is estimated for March 11, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
The call was mixed. Paysafe highlighted continued revenue growth, strong active-user expansion, momentum in Latin America, wallets, gaming, SMB, and new products, along with refinancing completion and ongoing cash generation. However, these positives were offset by an unexpectedly difficult second half, regulatory and market headwinds, weaker crypto and financial trading activity, lower profitability, elevated leverage, significant refinancing and litigation cash uses, and reduced full-year growth expectations.
Paysafe expects approximately 4% top-line growth for the full year, remains on track for a $25 million reduction in operating expenses in the second half compared to the first half, and expects net leverage of approximately 5.5x at year-end, including the $39 million litigation settlement payment expected in the fourth quarter; SMB is expected to continue performing well in the mid-single-digit area, with a 3% to 5%, kind of, growth profile, while non-iGaming e-commerce is expected to have an upper-single-digit kind of growth profile, and ARPU is expected to hang around that $25 to $30 range for the foreseeable future; Paysafe expects to be delevering significantly over the next two to three years, with half a turn a year as a good target.
- Nine-Month Revenue GrowthRevenue grew 5% through the first nine months of 2026, extending several years of mid-single-digit organic growth.
- Active Consumer GrowthThree-month active users reached 8.1 million in Q3, up 14% year-over-year and marking six consecutive quarters of year-over-year growth. Transactions per active consumer were higher, while transactions per active user were stable.
- Strong Growth in New Products and VerticalsPaysafe Wallet grew more than 30% in the quarter, the PagoEfectivo wallet user base in Latin America grew more than 40%, and the video gaming vertical grew over 20%. Revenue from products launched during the last three years represented 20% of total revenue.
- Consumer Acquisition MomentumConsumer acquisitions across the markets where Paysafe has concentrated investments were up 8% year-to-date. Management said marketing initiatives continued to bring more users onto the platform.
- Merchant Solutions and SMB GrowthSMB revenue grew 4% in Q3, led by direct and agent channels, where combined revenue increased 8%. Active agents increased 17% this year. Merchant solutions volume increased 3% to $36 billion and revenue increased 2% to $236.7 million, with revenue growth across all business lines.
- iGaming PerformanceThe iGaming e-commerce business continued to deliver solid double-digit growth. Management expects iGaming to continue having a strong year through the end of 2026.
- Latin America and European Wallet MomentumGrowth continued to be led by Latin America and Paysafe Wallet in Europe. Management said these businesses remained strong despite more challenging market conditions in Latin America.
- Paysafe Arena Early EngagementPaysafe Arena launched in August and had nearly 400,000 unique fans and more than 1 million sessions since launch. The platform connects gamers with publishers through discovery, rewards, content, and commerce and provides access to Paysafe's global gaming audience of 19 million annual consumers.
- Expansion of the Consumer EcosystemThe Envision Racing partnership and Paysafe Arena were described as platforms that expand Paysafe's ecosystem across motorsport, gaming, entertainment, digital payments, merchandise, travel, and other digital experiences.
- Q3 Revenue GrowthTotal Q3 revenue was $439.6 million, up 1% year-over-year or 2% on a constant-currency basis.
- Sequential Adjusted EBITDA Margin ImprovementAdjusted EBITDA margin improved 100 basis points compared with Q2.
- Operating Expense Reduction PlanExcluding severance costs, operating expenses remained on track for a $25 million reduction in the second half compared with the first half, with most of the improvement expected in Q4.
- Free Cash Flow GenerationUnlevered free cash flow was $50.2 million in Q3. On an LTM basis, unlevered free cash flow was $265 million, with 65% conversion, which management said was within its target range.
- Debt Reduction and Refinancing MilestonesPaysafe completed a refinancing in August, upsized its revolver, extended term-loan maturities, and reduced total net debt by almost $100 million year-to-date. Resolving the legacy legal matter and completing the refinancing were cited as important milestones.
- Deleveraging TargetManagement said it intends to delever significantly over the next two to three years, with an anticipated target of approximately half a turn per year, while seeking additional cash from working capital, banking relationships, and regulated entities.
- ARPU Opportunity in Wallet ProductsManagement expects ARPU to remain in the $25 to $30 range for the foreseeable future. ARPU on the Paysafe Wallet and Pago wallet solutions was described as 2 to 3 times the ARPU of the cash-in solution.
- New Chief Revenue OfficerRob Schonfeld joined as Chief Revenue Officer. He brings more than 25 years of experience across gaming, entertainment, and strategic partnerships and will focus on commercial strategy, customer relationships, consumer monetization, and growth opportunities.
PSFE Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Mar 11, 2027 | 2026 (Q4) | 0.32- | 0.46 | ― | ― |
| Nov 12, 2026 | 2026 (Q3) | 0.550.44 | 0.7 | -37.14% (-0.26) | |
| Aug 13, 2026 | 2026 (Q2) | 0.310.43 | 0.46 | -6.52% (-0.03) | |
| May 13, 2026 | 2026 (Q1) | 0.370.41 | 0.34 | 20.59% (+0.07) | |
| Mar 03, 2026 | 2025 (Q4) | 0.360.46 | 0.48 | -4.17% (-0.02) | |
| Nov 13, 2025 | 2025 (Q3) | 0.720.70 | 0.51 | 37.25% (+0.19) | |
| Aug 12, 2025 | 2025 (Q2) | 0.460.46 | 0.59 | -22.03% (-0.13) | |
| May 13, 2025 | 2025 (Q1) | 0.390.34 | 0.57 | -40.35% (-0.23) | |
| Mar 04, 2025 | 2024 (Q4) | 0.720.48 | 0.66 | -27.27% (-0.18) | |
| Nov 13, 2024 | 2024 (Q3) | 0.610.51 | 0.57 | -10.53% (-0.06) |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
