Payoneer Global (PAYO) Operating Margin (2020 - 2026)
Payoneer Global (PAYO) recorded Operating Margin of 6.17% in Q2 2026, down 5.37 percentage points from 11.54% a year earlier and down 5.30 percentage points from the prior quarter.
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Analysis
Payoneer Global (PAYO) Operating Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Payoneer Global's Operating Margin came in at 10.38% as of Jun 30, 2026, down 1.79 percentage points year-over-year; for FY2025, it came in at 11.84%, down 3.40 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +16.85 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 15.24% in FY2024 (+2.78 pp), 12.47% in FY2023 (+16.01 pp), -3.54% in FY2022 (+2.84 pp) and -6.38% in FY2021 (-1.38 pp).
- The Q2 2026 figure is the lowest quarterly Operating Margin since Q4 2022.
- On a year-over-year basis, Operating Margin has declined for eight consecutive quarters, with an average year-over-year change of -2.52 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 17.64 percentage points in Q2 2023, against a drop of 7.79 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 11.48% (Q1 2026), 10.53% (Q4 2025) and 13.42% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -9.30% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 16.44% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 6.75% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -452.09% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 35.28% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 19.18% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 10.15% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -25.50% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 15.16% |
| 10 | Payoneer Global | 2.42 Bn | 837.82 Mn | - | 6.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.17% |
| Mar 31, 2026 | 11.48% |
| Dec 31, 2025 | 10.53% |
| Sep 30, 2025 | 13.42% |
| Jun 30, 2025 | 11.54% |
| Mar 31, 2025 | 11.89% |
| Dec 31, 2024 | 11.15% |
| Sep 30, 2024 | 14.16% |
| Jun 30, 2024 | 19.33% |
| Mar 31, 2024 | 16.82% |
| Dec 31, 2023 | 11.46% |
| Sep 30, 2023 | 14.18% |
| Jun 30, 2023 | 16.15% |
| Mar 31, 2023 | 7.82% |
| Dec 31, 2022 | -4.67% |
| Sep 30, 2022 | -3.21% |
| Jun 30, 2022 | -1.49% |
| Mar 31, 2022 | -4.63% |
| Dec 31, 2021 | -3.01% |
| Sep 30, 2021 | -5.30% |
API Access
Payoneer Global Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=PAYO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "PAYO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=PAYO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();