Payoneer Global Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
PAYO$7.150.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed consolidated balance sheets (Unaudited)
U.S. DOLLARS IN THOUSANDS, EXCEPT SHARE AND PER SHARE DATA
| | | | | | | |
|---|---|---|---|---|---|---|
| · September 30, · December 31, | ||||||
| · · 2025 · · 2024 | ||||||
| Assets: · · | ||||||
| Current assets: · · | ||||||
| Cash and cash equivalents | | $479,448 | | $497,467 | ||
| Restricted cash | | 8,659 | | 6,633 | ||
| Customer funds | | 6,772,912 | | 6,439,153 | ||
| Accounts receivable (net of allowance of $339 and $382 at September 30, 2025 and December 31, 2024, respectively) | | 14,351 | | 11,937 | ||
| Capital advance receivables (net of allowance of $4,258 at September 30, 2025 and $4,955 at December 31, 2024, respectively) | | 42,385 | | 56,242 | ||
| Other current assets | | 83,641 | | 88,210 | ||
| Total current assets | | 7,401,396 | | 7,099,642 | ||
| Non-current assets: | | | | |||
| Property, equipment and software, net | | 20,552 | | 16,053 | ||
| Goodwill | | 77,785 | | 77,785 | ||
| Intangible assets, net | | 205,890 | | 102,390 | ||
| Customer funds | | | 350,000 | | | 525,000 |
| Restricted cash | | 20,916 | | 17,653 | ||
| Deferred tax assets, net | | 49,898 | | 41,523 | ||
| Severance pay fund | | 813 | | 757 | ||
| Operating lease right-of-use assets | | 48,777 | | 19,403 | ||
| Other assets | | 29,429 | | 30,174 | ||
| Total assets | | $8,205,456 | | $7,930,380 | ||
| Liabilities and shareholders’ equity: | | | | |||
| Current liabilities: | | | | |||
| Trade payables | | $39,676 | | $37,302 | ||
| Outstanding operating balances | | 7,122,912 | | 6,964,153 | ||
| Other payables | | 145,731 | | 129,621 | ||
| Total current liabilities | | 7,308,319 | | 7,131,076 | ||
| Non-current liabilities: | | | | |||
| Deferred tax liabilities, net | | | 25,098 | | | 1,471 |
| Other long-term liabilities | | 121,552 | | 73,043 | ||
| Total liabilities | | 7,454,969 | | 7,205,590 | ||
| Commitments and contingencies (Note 14) | | | | |||
| | | | | | | |
| Shareholders’ equity: | | | | |||
| Preferred stock, $0.01 par value, 380,000,000 shares authorized; no shares were issued and outstanding at September 30, 2025 and December 31, 2024. | | — | | — | ||
| Common stock, $0.01 par value, 3,800,000,000 and 3,800,000,000 shares authorized; 408,020,561 and 395,965,588 shares issued and 358,836,004 and 360,093,249 shares outstanding at September 30, 2025 and December 31, 2024, respectively. | | | 4,080 | | | 3,960 |
| Treasury stock at cost, 49,184,557 and 35,872,339 shares as of September 30, 2025 and December 31, 2024, respectively. | | | (287,978) | | | (193,724) |
| Additional paid-in capital | | 875,504 | | 821,196 | ||
| Accumulated other comprehensive loss | | (1,266) | | (12,609) | ||
| Retained earnings | | 160,147 | | 105,967 | ||
| Total shareholders’ equity | | 750,487 | | 724,790 | ||
| Total liabilities and shareholders’ equity | | $8,205,456 | | $7,930,380 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.