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Payoneer Global Inc. PAYO Income taxes at U.S. statutory rate of 21%

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Other financials

Income statement

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Revenue$274.3M+5.2%
Operating income$16.9M-43.7%
Net income-$2.4M-113%
EPS (diluted)-$0.01-120%

Balance sheet

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Cash & equivalents$346.3M-30.3%
Total debt$14.4M-15.7%
Total equity$653.5M-15.2%
Total assets$8.8B+8.1%

Cash flow

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Operating cash flow$61.2M-13.4%
CapEx$11.0M+325%
Free cash flow$50.2M-26.3%

Valuation

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Market cap$2.41B-10.3%
P/E47.9×+21.0×
P/S2.2×-0.4×

Profitability

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Operating margin10.4%-1.8pp
Net margin4.6%-5.2pp
FCF margin16.8%-3.6pp

Returns & leverage

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Return on equity7.1%-6.8pp
Debt / equity0.0×
Current ratio0.0×

Where this comes from

Reported directly by Payoneer Global Inc. in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate.

The source filing: Payoneer Global Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:07 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-057109

The Company had an effective tax rate of 33.0% and 26.0% for the three months ended March 31, 2026 and 2025, respectively. For the three months ended March 31, 2026, the difference between the Company’s effective tax rate and the U.S. federal statutory rate of 21% was primarily the result of nondeductible stock-based compensation, foreign subsidiary provision to return adjustments, and the base erosion and anti-abuse tax, all of which was partially offset by a decrease in the Company’s provision for uncertain tax positions and the U.S. tax benefit for income derived from foreign customers. For the three months ended March 31, 2025, the difference between the Company’s effective tax rate and the U.S. federal statutory rate of 21% primarily the result of an increase in the provision for uncertain tax positions and nondeductible stock compensation, partially offset by the U.S. tax benefit for income earned from foreign customers.

Item 1. Financial Statements (Unaudited)

FAQ

What is Payoneer Global Inc.'s income taxes at U.S. statutory rate of 21%?
Payoneer Global Inc. (PAYO) reported income taxes at U.S. statutory rate of 21% of 21% in Q1 2026.
How has Payoneer Global Inc.'s income taxes at U.S. statutory rate of 21% changed year-over-year?
Payoneer Global Inc.'s income taxes at U.S. statutory rate of 21% decreased by 0.0% year-over-year, from 21% to 21%.
What does income taxes at U.S. statutory rate of 21% mean?
Represents the theoretical income tax expense calculated by applying the standard federal statutory tax rate to the company's pre-tax income. This serves as the baseline for the effective tax rate reconciliation process. It allows investors to compare the company's actual tax burden against the standard corporate tax rate.

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