NYSE$PSFE

Paysafe Limited · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Paysafe delivered solid Q2 2025 results with 5% organic revenue growth and improved profitability, while facing pressure in SMB performance.

Paysafe reported Q2 2025 revenue of $428.2M, with organic revenue up 5%. Adjusted EBITDA reached $105M with a margin of 24.5%. Enterprise growth remained strong, but SMB volumes were challenged. The company reaffirmed its full-year guidance.

  • Revenue reached $428.2M, down 3% YoY but up 5% organically.
  • Adjusted EBITDA came in at $105M, representing a 24.5% margin.
  • Net loss was $10.1M due to GAAP items including tax allowance.
  • Merchant Solutions revenue declined due to business disposals, while Digital Wallets grew 6% YoY.

Headline financials

Total Revenue

$428M

No prior period
EPS (adj)

$0.46

No prior period
Adjusted EBITDA

$105M

No prior period
Organic Revenue Growth

5.0%

No prior period
Unlevered Free Cash Flow

$70M

No prior period
Gross Profit (excl. D&A)

$240M

No prior period
Net Leverage

5.4

No prior period
Net Income

-$10.1M

No prior period
Operating Income

$35.6M

No prior period

Revenue & EPS history

Paysafe · Revenue · Quarterly

$428M

Q2 2025
Beat estimate in 6 of 13 quarters(46%)
ActualEstimate

Forward guidance

Paysafe reaffirmed its FY25 guidance, expecting stable revenue and EBITDA growth with improving profitability.

Tailwinds

  • FY25 revenue expected between $1.718B–$1.734B.
  • Organic growth guidance maintained at 6.5% to 8.0%.
  • Adjusted EBITDA guidance of $463M–$478M reaffirmed.
  • Adj. EPS forecasted at $2.21–$2.51.
  • Digital Wallets user activity and ARPU continue to rise.

Headwinds

  • SMB volume remains soft with above-expected attrition.
  • Interest income and revenue under pressure from FX volatility.
  • GAAP net loss driven by $18M UK tax allowance.
  • Gross debt rose $166M due to stronger Euro.
  • Margins impacted by mix shift and divestitures.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-2.5%

Avg return

Earnings day

-5.9%

Avg return

5 days after

-7.4%

Avg return

30 days after

45%

9 / 20 earnings

Positive

+24.6%

Q3 2022

Best reaction

-38.1%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+20.6%-13.4%-17.7%
Q2 2025+17.1%+16.4%+22.3%
Q1 2025-15.2%-21.8%-20.6%
Q4 2024-18.6%-17.0%-22.2%
Q3 2024-29.0%-33.0%-26.8%
Q1 2024+24.1%+19.7%+22.3%
Q4 2023-14.5%-9.7%+12.6%
Q3 2023+24.4%+19.0%+8.9%
Q2 2023+15.1%+4.7%+13.2%
Q1 2023-17.5%-23.8%-23.5%
Q4 2022-5.7%-9.4%-23.1%
Q3 2022+24.6%+35.6%+6.8%
Q2 2022-5.5%-2.8%-16.6%
Q1 2022-12.3%-0.4%+11.0%
Q4 2019+2.8%-0.3%-20.8%
Q4 2020+2.8%-0.3%-20.8%
Q4 2021+9.7%-3.8%+22.8%
Q3 2021-38.1%-39.1%-45.3%
Q2 2021-16.6%-19.2%-18.4%
Q1 2021-18.3%-20.0%-12.8%
Q3 2020
Q2 2020
Q1 2020

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