Financials · NYAX

Nayax Ltd. (NYAX) financials

For fiscal 2025 (ended Dec 31, 2025), Nayax Ltd. reported $400.43M of revenue and $35.52M of net income.

Revenue, FY2025
$400.43M
Revenue growth, YoY
+27.5%
Net income, FY2025
$35.52M
Net margin
8.9%
Free cash flow, FY2025
$34.96M
EPS, diluted, FY2025
$0.94
Cash
$319.54M
Total debt
$319.60M
P/E
51.24
P/S
4.54
Market cap
$1.82B
Annual revenue$400.43M
FY2020FY2025
Annual net income$35.52M
FY2020FY2025
Annual free cash flow$34.96M
FY2020FY2025

NYAX revenue and earnings growth

NYAX revenueFY2025$400.43M

FY YoY
+27.5%
5Y CAGR
+38.4%

NYAX revenue was $400.43M for fiscal 2025 (ended Dec 31, 2025), up 27.5% from fiscal 2024. Compound annual growth was +38.4% over 5 years. It rose in each of the last 5 fiscal years. Fiscal 2025 is the highest of the 6 fiscal years on file.

NYAX net incomeFY2025$35.52M

NYAX net income was $35.52M for fiscal 2025 (ended Dec 31, 2025), compared with -$5.63M in fiscal 2024. Fiscal 2025 is the highest of the 6 fiscal years on file.

NYAX EPSFY2025$0.94

NYAX diluted EPS was $0.94 for fiscal 2025 (ended Dec 31, 2025), compared with -$0.16 in fiscal 2024.

NYAX free cash flowFY2025$34.96M

FY YoY
-12.2%
5Y CAGR
+51.6%

NYAX free cash flow was $34.96M for fiscal 2025 (ended Dec 31, 2025), down 12.2% from fiscal 2024. Compound annual growth was +51.6% over 5 years.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue$400.43M$314.01M$235.49M$173.51M$119.13M$78.78M
Cost of revenue$207.47M$172.48M$147.20M$113.48M$70.97M$41.60M
Gross profit$192.96M$141.53M$88.29M$60.04M$48.16M$37.18M
Research and development$29.96M$25.37M$21.93M$22.13M$19.04M$9.30M
Selling, general and admin$121.31M$98.20M$70.32M$64.09M$45.38M$26.55M
Operating income$37.56M$3.10M-$12.38M-$34.04M-$22.48M-$2.22M
Interest expense$13.67M$10.90M$4.78M$3.46M$1.66M$3.87M
Pre-tax income$34.57M-$4.38M-$14.67M-$37.06M-$24.14M-$6.10M
Income tax-$950.0K$1.25M$1.22M$451.0K$632.0K-$15.0K
Net income$35.52M-$5.63M-$15.89M-$37.51M-$24.77M-$6.08M
EPS, basic$0.96-$0.16-$0.48-$1.14-$0.82-$0.25
EPS, diluted$0.94-$0.16-$0.48-$1.14-$0.82-$0.25
Diluted shares37.7M35.8M33.1M32.8M30.2M5.1M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Cash and equivalents$319.54M$83.13M$38.39M$33.88M$87.33M$8.20M
Receivables$103.97M$55.69M$41.30M$27.41M$19.34M-
Inventory$28.59M$19.77M$20.56M$23.81M$7.69M-
Current assets$620.16M$287.66M$203.41M$150.46M$156.05M-
Total assets$852.64M$432.89M$323.86M$230.49M$216.01M-
Current liabilities$274.42M$219.48M$203.78M$110.21M$70.19M-
Short-term debt$5.54M$1.35M$5.42M$4.13M$3.60M-
Long-term debt$314.06M$0----
Total debt$319.60M$1.35M----
Total liabilities$621.62M$267.65M$226.27M$125.85M$84.33M-
Shareholders' equity$231.01M$165.25M$97.59M$104.64M$131.68M$12.50M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Operating cash flow$40.29M$42.90M$8.80M-$27.55M-$12.81M$6.49M
Capital expenditures$5.33M$3.08M$611.0K$1.52M$2.64M$2.13M
Free cash flow$34.96M$39.82M$8.19M-$29.07M-$15.44M$4.36M
Investing cash flow-$78.74M-$45.91M-$36.83M-$26.54M-$22.64M-$8.57M
Financing cash flow$265.82M$50.84M$31.55M$6.21M$114.14M$6.05M
Stock-based compensation$7.30M$7.19M$6.03M$8.75M$8.85M$2.96M
Depreciation and amortization$25.49M$21.37M$12.51M$9.03M$7.20M$5.91M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue growth, YoY27.5%33.3%35.7%45.6%51.2%-
Gross margin48.2%45.1%37.5%34.6%40.4%47.2%
Operating margin9.4%1.0%-5.3%-19.6%-18.9%-2.8%
Net margin8.9%-1.8%-6.7%-21.6%-20.8%-7.7%
Free cash flow margin8.7%12.7%3.5%-16.8%-13.0%5.5%
Return on equity15.4%-3.4%-16.3%-35.8%-18.8%-48.7%
Return on assets4.2%-1.3%-4.9%-16.3%-11.5%-
Current ratio2.261.311.001.372.22-
Debt to equity1.380.01----

Source: XBRL data Nayax Ltd. files with the SEC, latest filing dated Mar 9, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

NYAX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
NYAX$400.43M+27.5%$35.52M8.9%$1.82B
MSFT$346.44B+17.9%$142.63B41.2%$4.05T
PLTR$7.29B+87.1%$3.67B50.3%$407.69B
ORCL$71.78B+21.6%$18.92B26.4%$362.21B
SAP€36.80B+7.7%€7.16B19.5%$291.67B
CRWD$5.40B+24.3%$58.46M1.1%$234.05B
SHOP$14.17B+32.5%$2.13B15.0%$195.63B
CRM$43.94B+11.2%$9.66B22.0%$176.90B
NOW$15.43B+21.8%$1.45B9.4%$106.66B

NYAX FAQ

9 questions
  • What is NYAX revenue?
    Nayax Ltd. (NYAX) reported $400.43M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 27.5% from the year before.
  • Is NYAX profitable?
    Yes. Nayax Ltd. earned $35.52M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 8.9%.
  • How much cash and debt does NYAX have?
    Nayax Ltd. reported $319.54M in cash and cash equivalents and $319.60M of debt on its most recent balance sheet in SEC filings.
  • How fast is NYAX revenue growing?
    Nayax Ltd.'s revenue changed +27.5% in fiscal 2025, to $400.43M. Its compound annual growth rate was +38.4% over 5 years.
  • What is NYAX gross margin?
    Nayax Ltd.'s gross profit was $192.96M on $400.43M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 48.2%.
  • What is NYAX free cash flow?
    Nayax Ltd. generated $34.96M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $40.29M less capital expenditures.
  • What is NYAX earnings per share?
    Diluted earnings per share were $0.94 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did NYAX last report financial results?
    The latest statements here come from Nayax Ltd.'s 20-F filed on Mar 9, 2026, covering the period ended Dec 31, 2025.
  • Where does this NYAX financial data come from?
    Quantisnow builds these statements from the structured XBRL data Nayax Ltd. files with the SEC. It is provided for information only and is not investment advice.