Paysafe
Multi-brand digital wallets, eCash vouchers, and merchant processing for the iGaming and entertainment economy.
Something off on this page? Send us feedback.
Profile
Runs Merchant Solutions (card processing for small and mid-sized merchants) and Digital Wallets (Skrill, Neteller, and paysafecard eCash), concentrated in iGaming, entertainment, and Latin American cash-based payments, with profitability driven mainly by the wallet business.
Runs two segments: Merchant Solutions provides card acquiring and processing for small and mid-sized merchants, while Digital Wallets operates the Skrill and Neteller e-wallets plus eCash vouchers such as paysafecard and cash rails including PaysafeCash and SafetyPay.
Revenue is spread across North America, Europe, and Latin America, serving iGaming, streaming and video gaming, travel, and digital-asset merchants rather than a horizontal, all-category card-acquirer base.
Digital Wallets carries most of the profit, running at a much higher margin than Merchant Solutions on a global eCash network and deep iGaming payment ties.
Assembled since 1996 almost entirely through acquisitions such as Skrill, Neteller, and paysafecard, the company moved from a London listing through a private-equity buyout into a SPAC-led Bermuda re-listing in 2021. Gambling-law exposure varies by market, and net leverage stood at 5.5 times adjusted EBITDA at year-end 2025.
Company facts
Categories
Key statistics
Year to date −14.8% · Average volume (30d) 362.5K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 14, 2026 | RBC Capital | Reiterate | Sector Perform | $11 | $9 |
| Aug 14, 2026 | UBS | Reiterate | Sell | $7.50 | $7 |
| Aug 12, 2026 | Susquehanna | Reiterate | Neutral | $10 | $7 |
| May 14, 2026 | UBS | Reiterate | Sell | $7.50 | |
| May 14, 2026 | RBC Capital | Reiterate | Sector Perform | $10 | $11 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 13, 2026Q2 FY26 | $0.31 | $0.43 | +37.2% | $446.9M | $447.4M | +0.1% | +15.14% |
| May 13, 2026Q1 FY26 | $0.40 | $0.41 | +2.5% | $424.4M | $442.7M | +4.3% | −12.74% |
| Mar 3, 2026Q4 FY25 | $0.36 | $0.46 | +27.8% | $441.0M | $438.4M | −0.6% | −0.67% |
| Nov 13, 2025Q3 FY25 | $0.73 | $0.70 | −4.1% | $441.1M | $433.8M | −1.6% | −5.16% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $401.0M | $428.2M | $433.8M | $438.4M | $442.7M | $447.4M | |
| Gross profit | $226.8M | $238.0M | $250.8M | $175.1M | $179.7M | $175.3M | |
| Operating income | $10.3M | $20.6M | $39.0M | $25.1M | $10.8M | $12.2M | |
| Net income | −$19.5M | −$50.1M | −$87.7M | −$25.2M | −$36.5M | −$58.9M | |
| Diluted EPS | −$0.33 | −$0.85 | −$1.52 | −$0.45 | −$0.71 | −$1.13 | |
| Gross margin | 56.6% | 55.6% | 57.8% | 39.9% | 40.6% | 39.2% | |
| Operating margin | 2.6% | 4.8% | 9.0% | 5.7% | 2.4% | 2.7% |
Fiscal years (4-quarter sums)FY21 $1.49B · FY22 $1.50B · FY23 $1.60B · FY24 $1.70B · FY25 $1.70B
Revenue by product · FY25
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $226.2M · Total debt $2.55B · Total assets $4.57B · Shareholders' equity $570.2M
Dividends
No dividends on record.
Ownership
Shares outstanding 51.68M · Float 23.60M · 45.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Blackstone Inc. | 10.96M | 21.21% | 13F | Aug 14, 2026 |
| Private Management Group Inc | 2.78M | 5.38% | 13F | Jul 31, 2026 |
| Fidelity National Financial, Inc. | 2.25M | 4.35% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 1.89M | 3.65% | 13F | Aug 11, 2026 |
| BlackRock, Inc. | 1.80M | 3.48% | 13F | Aug 7, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 14, 2026 | Richard Swales | officer: Chief Risk & Compliance Ofcr. | −10,000 | $6.58 |
| May 15, 2026 | Richard Swales | officer: Chief Risk & Compliance Ofcr. | −10,000 | $7.69 |
| Mar 19, 2026 | Richard Swales | officer: Chief Risk & Compliance Ofcr. | −18,849 | $6.87 |
Peers
- PayPal
Head-to-head in consumer wallets, merchant checkout, and P2P transfers.
- Shift4 Payments
Overlap in hospitality, sports, gaming, and iGaming merchant processing.
- Fiserv
Large-scale SMB and enterprise merchant acquiring under the Clover ecosystem.
- dLocal
Emerging-market cross-border payment orchestration overlapping in LatAm eCash.
- Block
Cash App overlaps in consumer wallets and Square in SMB POS acquiring.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Paysafe | $6.82 | +0.29% | $350.9M | — | 3.2 | 0.2 | +4.5% |
| PayPal | $53.74 | +0.15% | $45.90B | 10.1 | 9.7 | 1.3 | +4.8% |
| Shift4 Payments | $44.50 | +1.23% | $4.00B | 75.2 | 6.6 | 0.8 | −35.4% |
| Fiserv | $53.30 | +0.24% | $28.36B | 10.2 | 7.2 | 1.4 | −10.0% |
| dLocal | $15.00 | −0.20% | $4.41B | 22.1 | 15.4 | 3.3 | +55.8% |
| Block | $83.54 | −0.05% | $49.74B | 149.2 | 18.3 | 2.0 | +9.3% |
| Median | 22.1 | 9.7 | 1.4 | +4.8% |