Financials · PSFE

Paysafe Limited (PSFE) financials

For fiscal 2025 (ended Dec 31, 2025), Paysafe Limited reported $1.72B of revenue and -$182.51M of net income.

Revenue, FY2025
$1.72B
Revenue growth, YoY
-0.2%
Net income, FY2025
-$182.51M
Net margin
-10.6%
Free cash flow, FY2025
$223.58M
EPS, diluted, FY2025
-$3.14
Cash
$250.17M
Total debt
$2.62B
P/S
0.22
Market cap
$369.9M
Annual revenue$1.72B
FY2019FY2025
Annual net income-$182.51M
FY2019FY2025
Annual free cash flow$223.58M
FY2019FY2025

PSFE revenue and earnings growth

PSFE revenueFY2025$1.72B

FY YoY
-0.2%
5Y CAGR
+3.8%

PSFE revenue was $1.72B for fiscal 2025 (ended Dec 31, 2025), down 0.2% from fiscal 2024. Compound annual growth was +3.8% over 5 years. It rose in 5 of the last 6 fiscal years.

PSFE net incomeFY2025-$182.51M

PSFE net income was -$182.51M for fiscal 2025 (ended Dec 31, 2025), compared with $22.16M in fiscal 2024.

PSFE EPSFY2025-$3.14

PSFE diluted EPS was -$3.14 for fiscal 2025 (ended Dec 31, 2025), compared with $0.36 in fiscal 2024.

PSFE free cash flowFY2025$223.58M

FY YoY
-6.0%
5Y CAGR
-11.1%

PSFE free cash flow was $223.58M for fiscal 2025 (ended Dec 31, 2025), down 6.0% from fiscal 2024. Compound annual growth was -11.1% over 5 years. It rose in 2 of the last 6 fiscal 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
Dec 31, 2019
Revenue$1.72B$1.72B$1.61B$1.50B$1.49B$1.43B$1.42B
Cost of revenue$741.20M$715.76M$663.21M$614.02M$599.78M$534.82M$508.74M
Gross profit$978.20M$1.01B$949.80M$889.49M$887.24M$891.67M$909.40M
Research and development----$8.57M--
Selling, general and admin$563.65M$575.55M$508.14M$534.51M$545.11M$465.90M$443.06M
Operating income$71.92M$133.35M$158.66M-$1.87B-$269.27M$19.68M$51.81M
Interest expense$136.41M$140.81M$151.15M$126.63M$165.83M$164.79M$164.56M
Pre-tax income-$72.06M$14.02M$20.59M-$1.91B-$195.44M-$185.91M-$126.66M
Income tax$110.45M-$8.14M$40.84M-$52.50M-$85.11M-$59.20M-$16.52M
Net income-$182.51M$22.16M-$20.25M-$1.86B-$110.95M-$126.72M-$110.20M
EPS, basic-$3.14$0.36-$0.33-$30.78-$1.84-$2.10-$1.80
EPS, diluted-$3.14$0.36-$0.33-$30.78-$1.84-$2.10-$1.80
Diluted shares58.1M61.9M61.4M60.5M60.3M60.3M60.3M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Cash and equivalents$250.17M$216.68M$202.32M$260.22M$313.44M$387.62M$234.62M
Receivables$138.36M$158.20M$162.08M$159.32M$147.78M$117.41M-
Current assets$1.75B$1.68B$1.91B$2.50B$2.34B$2.20B-
Goodwill$2.08B$1.98B$2.02B$2.00B$3.65B$3.48B$3.44B
Total assets$4.80B$4.81B$5.23B$5.96B$7.27B$7.41B-
Current liabilities$1.41B$1.45B$1.71B$2.30B$1.66B$1.82B-
Short-term debt$10.19M$10.19M$10.19M$10.19M$10.19M$15.40M-
Long-term debt$2.61B$2.35B$2.49B$2.63B$2.75B$3.25B-
Total debt$2.62B$2.36B$2.50B$2.64B$2.76B$3.26B-
Total liabilities$4.15B$3.93B$4.34B$5.10B$4.56B$5.48B-
Shareholders' equity$655.04M$879.26M$883.31M$859.64M$2.71B$1.93B$2.06B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Operating cash flow$236.16M$253.80M$234.02M$237.20M$261.46M$409.11M$289.05M
Capital expenditures$12.58M$15.94M$12.85M$4.54M$5.62M$5.39M$9.66M
Free cash flow$223.58M$237.87M$221.17M$232.66M$255.85M$403.72M$279.39M
Investing cash flow-$140.41M-$108.38M-$135.24M-$575.59M-$411.27M-$51.22M-$160.56M
Financing cash flow-$163.38M-$280.80M-$771.03M$606.34M$446.29M-$75.47M$72.68M
Depreciation and amortization$276.37M$274.75M$264.14M$266.82M$261.37M$268.17M$279.83M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Revenue growth, YoY-0.2%6.8%7.3%1.1%4.2%0.6%-
Gross margin56.9%58.5%58.9%59.2%59.7%62.5%64.1%
Operating margin4.2%7.7%9.8%-124.5%-18.1%1.4%3.7%
Net margin-10.6%1.3%-1.3%-123.9%-7.5%-8.9%-7.8%
Free cash flow margin13.0%13.8%13.7%15.5%17.2%28.3%19.7%
Return on equity-27.9%2.5%-2.3%-216.7%-4.1%-6.6%-5.3%
Return on assets-3.8%0.5%-0.4%-31.3%-1.5%-1.7%-
Current ratio1.241.161.111.091.411.21-
Debt to equity3.992.692.833.081.021.69-

Source: XBRL data Paysafe Limited files with the SEC, latest filing dated Mar 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-12, first reported Mar 15, 2023.

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.

PSFE peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
PSFE$1.72B-0.2%-$182.51M-10.6%$369.9M
V$45.90B+14.8%$23.50B51.2%$761.17B
MA$36.29B+15.3%$16.96B46.7%$571.32B
BABACN¥1.02T+2.7%CN¥103.59B10.1%$255.28B
ACN$74.18B+6.5%$8.37B11.3%$170.10B
UBER$56.53B+13.9%$3.46B6.1%$145.32B
PDDCN¥431.85B+9.7%CN¥97.84B22.7%$114.58B
DASH$17.06B+35.0%$1.06B6.2%$78.89B
MELI$38.52B+47.1%$1.89B4.9%$77.70B

PSFE FAQ

9 questions
  • What is PSFE revenue?
    Paysafe Limited (PSFE) reported $1.72B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 0.2% from the year before.
  • Is PSFE profitable?
    No. Paysafe Limited reported a net loss of $182.51M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does PSFE have?
    Paysafe Limited reported $250.17M in cash and cash equivalents and $2.62B of debt on its most recent balance sheet in SEC filings.
  • How fast is PSFE revenue growing?
    Paysafe Limited's revenue changed -0.2% in fiscal 2025, to $1.72B. Its compound annual growth rate was +3.8% over 5 years.
  • What is PSFE gross margin?
    Paysafe Limited's gross profit was $978.20M on $1.72B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 56.9%.
  • What is PSFE free cash flow?
    Paysafe Limited generated $223.58M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $236.16M less capital expenditures.
  • What is PSFE earnings per share?
    Diluted earnings per share were -$3.14 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did PSFE last report financial results?
    The latest statements here come from Paysafe Limited's 20-F filed on Mar 3, 2026, covering the period ended Dec 31, 2025.
  • Where does this PSFE financial data come from?
    Quantisnow builds these statements from the structured XBRL data Paysafe Limited files with the SEC. It is provided for information only and is not investment advice.