Payoneer Global (PAYO) Operating Margin (2020 - 2026)
Payoneer Global (PAYO) posted quarterly Operating Margin of 11.48% for Q1 2026, down 41.0% year-over-year from 19.45% in Q1 2025, and up 8.99% quarter-over-quarter from 10.53% in Q4 2025.
Payoneer Global (PAYO) Operating Margin (2020 - 2026) Analysis & Trends
Payoneer Global (PAYO) has reported Operating Margin for 7 consecutive years, with 11.48% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 41.0% year-over-year to 11.48%; the TTM figure through Mar 2026 stood at 11.74% (down 231.0% YoY), while the FY2025 annual figure was 11.84%, down 340.0% from the prior year.
- Operating Margin improved to 11.48% in Q1 2026 per PAYO's latest filing, from 10.53% in the prior quarter.
- Across five years, Operating Margin topped out at 19.33% in Q2 2024 and bottomed at 4.67% in Q4 2022.
- Historically, Operating Margin has averaged 9.17% across 5 years, with a median of 11.48% in 2026.
- Annual changes were most pronounced in 2023 — Operating Margin surged 1764 bps — and 2025, when it tumbled 779 bps.
- Payoneer Global's Operating Margin stood at 4.67% in 2022, then soared by 346 bps to 11.46% in 2023, then declined by 3 bps to 11.15% in 2024, then retreated by 6 bps to 10.53% in 2025, then advanced by 9 bps to 11.48% in 2026.
- Business Quant data shows PAYO's Operating Margin at 11.48% in Q1 2026, 10.53% in Q4 2025, and 13.42% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 45.11% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 47.12% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 31.97% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -6.10% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 33.66% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -29.55% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 8.43% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -1.90% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 6.75% |
| 10 | Payoneer Global | 2.40 Bn | 2.05 Bn | - | 6.17% |
Historic Data
Download 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 | -2.97% |
| Sep 30, 2021 | -5.30% |