What is Paysafe Limited's earnings per share (EPS)?

Paysafe Limited (PSEWF) reported diluted earnings per share of $-3.14 for fiscal year 2025. This represents a -972.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Paysafe Limited Financials

PSEWF

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Paysafe Limited (PSEWF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI PSEWF FY2025 2026-04-22

Paysafe’s core engine still throws off cash, but heavier financing drag and thin equity keep reported earnings unstable.

Across FY2023-FY2025, free cash flow stayed near $230M a year even as reported profitability weakened. By FY2025, operating margin had narrowed to 4.2% and net income to -$182.5M, which points to pressure from financing and non-cash charges rather than a breakdown in the company’s basic cash-generating activity.

FY2025 looks less like a demand collapse than a margin-shape problem: revenue was broadly flat, yet gross margin slipped to 56.9% and EBITDA fell to $348.3M. That tells you prior profit recovery depended partly on holding margin, so small top-line changes can have an outsized effect once the cost base is already in place.

The balance-sheet posture is tighter than the cash-flow line suggests, with long-term debt of $2.6B against equity of only $655M. Because goodwill makes up a large share of assets, the headline asset total overstates the hard capital buffer supporting that leverage, even though short-term liquidity remains serviceable.

Financial Health Signals

Financial health score pending refresh

We are recalculating Paysafe Limited's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Neutral

4/9

Paysafe Limited passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

-1.29x

For every $1 of reported earnings, Paysafe Limited generates $-1.29 in operating cash flow ($236.2M OCF vs -$182.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

0.5x

Paysafe Limited earns $0.5 in operating income for every $1 of interest expense ($71.9M vs $136.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.7B

YoY-0.2%

5Y CAGR+3.8%

Paysafe Limited generated $1.7B in revenue in fiscal year 2025. This represents a decrease of 0.2% from the prior year.

EBITDA

$348.3M

YoY-14.7%

5Y CAGR+3.9%

Paysafe Limited's EBITDA was $348.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 14.7% from the prior year.

Net Income

-$182.5M

YoY-923.6%

Paysafe Limited reported -$182.5M in net income in fiscal year 2025. This represents a decrease of 923.6% from the prior year.

EPS (Diluted)

$-3.14

YoY-972.2%

Paysafe Limited earned $-3.14 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 972.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$223.6M

YoY-6.0%

5Y CAGR-11.1%

Paysafe Limited generated $223.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 6.0% from the prior year.

Cash & Debt

$250.2M

YoY+15.5%

5Y CAGR-8.4%

Paysafe Limited held $250.2M in cash against $2.6B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

52M

YoY-13.7%

Paysafe Limited had 52M shares outstanding in fiscal year 2025. This represents a decrease of 13.7% from the prior year.

Margins & Returns

Gross Margin

56.9%

YoY-1.6pp

5Y CAGR-5.6pp

Paysafe Limited's gross margin was 56.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.6 percentage points from the prior year.

Operating Margin

4.2%

YoY-3.6pp

5Y CAGR+2.8pp

Paysafe Limited's operating margin was 4.2% in fiscal year 2025, reflecting core business profitability. This is down 3.6 percentage points from the prior year.

Net Margin

-10.6%

YoY-11.9pp

5Y CAGR-1.7pp

Paysafe Limited's net profit margin was -10.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 11.9 percentage points from the prior year.

Return on Equity

-27.9%

YoY-30.4pp

5Y CAGR-21.3pp

Paysafe Limited's ROE was -27.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 30.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$12.6M

YoY-21.1%

5Y CAGR+18.5%

Paysafe Limited invested $12.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 21.1% from the prior year.

PSEWF Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$1.7B-0.2%	$1.7B+6.8%	$1.6B+7.3%	$1.5B+1.1%	$1.5B+4.2%	$1.4B
Cost of Revenue	$741.2M+3.6%	$715.8M+7.9%	$663.2M+8.0%	$614.0M+2.4%	$599.8M+12.1%	$534.8M
Gross Profit	$978.2M-2.9%	$1.0B+6.1%	$949.8M+6.8%	$889.5M+0.3%	$887.2M-0.5%	$891.7M
R&D Expenses	N/A	N/A	N/A	N/A	$8.6M	N/A
SG&A Expenses	$563.6M-2.1%	$575.6M+13.3%	$508.1M-4.9%	$534.5M-1.9%	$545.1M+17.0%	$465.9M
Operating Income	$71.9M-46.1%	$133.4M-15.9%	$158.7M+108.5%	-$1.9B-595.2%	-$269.3M-1468.3%	$19.7M
Interest Expense	$136.4M-3.1%	$140.8M-6.8%	$151.1M+19.4%	$126.6M-23.6%	$165.8M+0.6%	$164.8M
Income Tax	$110.4M+1457.5%	-$8.1M-119.9%	$40.8M+177.8%	-$52.5M+38.3%	-$85.1M-43.8%	-$59.2M
Net Income	-$182.5M-923.6%	$22.2M+209.4%	-$20.3M+98.9%	-$1.9B-1578.8%	-$111.0M+12.4%	-$126.7M
EPS (Diluted)	$-3.14-972.2%	$0.36+209.1%	$-0.33+98.9%	$-30.78	$-1.84	$-2.10

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$442.7M-3.0%	$456.4M+5.2%	$433.8M+1.3%	$428.2M+6.8%	$401.0M-8.5%	$438.4M+2.6%	$427.1M-2.9%	$439.9M
Cost of Revenue	$192.7M-0.6%	$193.8M+5.9%	$183.0M-3.8%	$190.2M+9.2%	$174.2M-5.1%	$183.5M+3.0%	$178.1M-3.1%	$183.8M
Gross Profit	$250.0M-4.8%	$262.6M+4.7%	$250.8M+5.3%	$238.0M+4.9%	$226.8M-11.0%	$254.9M+2.4%	$249.0M-2.8%	$256.1M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$168.9M+12.6%	$150.0M+15.3%	$130.1M-9.6%	$143.8M+2.9%	$139.8M+2.2%	$136.8M-5.0%	$143.9M-4.1%	$150.1M
Operating Income	$1.1M-47.1%	$2.0M-94.8%	$39.0M+89.7%	$20.6M+99.2%	$10.3M-65.0%	$29.5M-14.1%	$34.4M-5.9%	$36.5M
Interest Expense	$33.8M-0.6%	$34.1M-0.3%	$34.1M-1.2%	$34.5M+2.6%	$33.7M+1.6%	$33.2M-6.7%	$35.5M-4.3%	$37.1M
Income Tax	$8.0M+201.7%	-$7.8M-108.5%	$91.9M+212.4%	$29.4M+1061.9%	-$3.1M+82.7%	-$17.7M-500.2%	-$2.9M-156.6%	$5.2M
Net Income	-$36.5M-44.5%	-$25.2M+71.2%	-$87.7M-74.9%	-$50.1M-157.5%	-$19.5M-158.1%	$33.5M+358.2%	-$13.0M-807.5%	-$1.4M
EPS (Diluted)	$-0.71	N/A	$-1.52-78.8%	$-0.85-157.6%	$-0.33	N/A	$-0.21-950.0%	$-0.02

PSEWF Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$4.8B-0.1%	$4.8B-8.0%	$5.2B-12.2%	$6.0B-18.0%	$7.3B-1.9%	$7.4B
Current Assets	$1.8B+4.4%	$1.7B-12.1%	$1.9B-23.6%	$2.5B+6.5%	$2.3B+6.5%	$2.2B
Cash & Equivalents	$250.2M+15.5%	$216.7M+7.1%	$202.3M-22.2%	$260.2M-17.0%	$313.4M-19.1%	$387.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$138.4M-12.5%	$158.2M-2.4%	$162.1M+1.7%	$159.3M+7.8%	$147.8M+25.9%	$117.4M
Goodwill	$2.1B+5.0%	$2.0B-2.3%	$2.0B+1.2%	$2.0B-45.2%	$3.7B+4.8%	$3.5B
Total Liabilities	$4.1B+5.6%	$3.9B-9.5%	$4.3B-14.8%	$5.1B+11.8%	$4.6B-16.7%	$5.5B
Current Liabilities	$1.4B-2.2%	$1.4B-15.6%	$1.7B-25.5%	$2.3B+38.5%	$1.7B-9.1%	$1.8B
Long-Term Debt	$2.6B+10.7%	$2.4B-5.5%	$2.5B-5.4%	$2.6B-4.2%	$2.7B-15.4%	$3.2B
Total Equity	$655.0M-25.5%	$879.3M-0.5%	$883.3M+2.8%	$859.6M-66.5%	$2.6B+33.7%	$1.9B
Retained Earnings	-$2.4B-8.2%	-$2.2B+1.0%	-$2.3B-0.9%	-$2.2B-494.4%	-$376.8M-41.7%	-$265.8M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$4.7B-3.0%	$4.8B+2.4%	$4.7B-4.4%	$4.9B+4.1%	$4.7B-2.0%	$4.8B-2.3%	$4.9B+0.2%	$4.9B
Current Assets	$1.7B-4.8%	$1.8B+8.1%	$1.6B-5.0%	$1.7B+7.6%	$1.6B-5.5%	$1.7B-1.3%	$1.7B-0.3%	$1.7B
Cash & Equivalents	$257.2M+2.8%	$250.2M+0.6%	$248.6M-6.6%	$266.1M+13.5%	$234.3M+8.1%	$216.7M-10.2%	$241.4M+8.5%	$222.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$158.4M+14.5%	$138.4M-12.2%	$157.6M-0.6%	$158.5M+2.0%	$155.4M-1.8%	$158.2M-12.3%	$180.3M+1.7%	$177.3M
Goodwill	$2.1B-0.8%	$2.1B+0.2%	$2.1B-0.1%	$2.1B+3.4%	$2.0B+1.5%	$2.0B-2.6%	$2.0B+1.5%	$2.0B
Total Liabilities	$4.0B-2.6%	$4.1B+4.3%	$4.0B-3.0%	$4.1B+6.5%	$3.9B-2.0%	$3.9B-2.8%	$4.0B-0.1%	$4.0B
Current Liabilities	$1.4B+1.6%	$1.4B+3.2%	$1.4B-3.4%	$1.4B+4.3%	$1.4B-5.9%	$1.4B-3.1%	$1.5B+1.0%	$1.5B
Long-Term Debt	$2.5B-4.7%	$2.6B+4.8%	$2.5B-2.1%	$2.5B+7.0%	$2.4B+0.9%	$2.4B-2.8%	$2.4B-0.8%	$2.4B
Total Equity	$616.2M-5.9%	$655.0M-7.8%	$710.4M-12.0%	$806.9M-6.4%	$861.9M-2.0%	$879.3M+0.3%	$877.0M+1.6%	$862.9M
Retained Earnings	-$2.5B-1.5%	-$2.4B-1.1%	-$2.4B-3.8%	-$2.3B-2.2%	-$2.3B-0.9%	-$2.2B+1.5%	-$2.3B-0.6%	-$2.3B

PSEWF Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$236.2M-7.0%	$253.8M+8.5%	$234.0M-1.3%	$237.2M-9.3%	$261.5M-36.1%	$409.1M
Capital Expenditures	$12.6M-21.1%	$15.9M+24.0%	$12.8M+182.8%	$4.5M-19.1%	$5.6M+4.3%	$5.4M
Free Cash Flow	$223.6M-6.0%	$237.9M+7.5%	$221.2M-4.9%	$232.7M-9.1%	$255.8M-36.6%	$403.7M
Investing Cash Flow	-$140.4M-29.6%	-$108.4M+19.9%	-$135.2M+76.5%	-$575.6M-40.0%	-$411.3M-702.9%	-$51.2M
Financing Cash Flow	-$163.4M+41.8%	-$280.8M+63.6%	-$771.0M-227.2%	$606.3M+35.9%	$446.3M+691.4%	-$75.5M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$63.9M-14.7%	$74.9M+8.3%	$69.2M+74.8%	$39.6M-24.6%	$52.5M-10.9%	$58.9M-28.1%	$81.9M+51.3%	$54.1M
Capital Expenditures	$519K-83.4%	$3.1M+34.6%	$2.3M-17.7%	$2.8M-35.0%	$4.3M-3.8%	$4.5M+40.3%	$3.2M-28.9%	$4.5M
Free Cash Flow	$63.3M-11.8%	$71.8M+7.4%	$66.9M+81.8%	$36.8M-23.6%	$48.1M-11.5%	$54.4M-30.9%	$78.7M+58.6%	$49.6M
Investing Cash Flow	-$24.6M+36.6%	-$38.9M+1.0%	-$39.3M-2.4%	-$38.4M-60.6%	-$23.9M+35.5%	-$37.0M-25.2%	-$29.6M-5.6%	-$28.0M
Financing Cash Flow	-$126.7M-203.9%	$122.0M+202.5%	-$119.0M-1205.1%	$10.8M+106.1%	-$177.1M-446.4%	$51.1M+159.6%	-$85.8M+17.3%	-$103.7M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

PSEWF Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	56.9%-1.6pp	58.5%-0.4pp	58.9%-0.3pp	59.2%-0.5pp	59.7%-2.8pp	62.5%
Operating Margin	4.2%-3.6pp	7.7%-2.1pp	9.8%+134.3pp	-124.5%-106.4pp	-18.1%-19.5pp	1.4%
Net Margin	-10.6%-11.9pp	1.3%+2.6pp	-1.3%+122.6pp	-123.9%-116.4pp	-7.5%+1.4pp	-8.9%
Return on Equity	-27.9%-30.4pp	2.5%+4.8pp	-2.3%+214.4pp	-216.7%-212.4pp	-4.3%+2.3pp	-6.6%
Return on Assets	-3.8%-4.3pp	0.5%+0.9pp	-0.4%+30.9pp	-31.3%-29.7pp	-1.5%+0.2pp	-1.7%
Current Ratio	1.24+0.1	1.16+0.0	1.11+0.0	1.09-0.3	1.41+0.2	1.21
Debt-to-Equity	3.98+1.3	2.68-0.1	2.82-0.2	3.06+2.0	1.07-0.6	1.69
FCF Margin	13.0%-0.8pp	13.8%+0.1pp	13.7%-1.8pp	15.5%-1.7pp	17.2%-11.1pp	28.3%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	56.5%-1.1pp	57.5%-0.3pp	57.8%+2.2pp	55.6%-1.0pp	56.6%-1.6pp	58.1%-0.1pp	58.3%+0.1pp	58.2%
Operating Margin	0.2%-0.2pp	0.4%-8.5pp	9.0%+4.2pp	4.8%+2.2pp	2.6%-4.2pp	6.7%-1.3pp	8.1%-0.3pp	8.3%
Net Margin	-8.2%-2.7pp	-5.5%+14.7pp	-20.2%-8.5pp	-11.7%-6.9pp	-4.9%-12.5pp	7.6%+10.7pp	-3.0%-2.7pp	-0.3%
Return on Equity	-5.9%-2.1pp	-3.9%+8.5pp	-12.3%-6.1pp	-6.2%-4.0pp	-2.3%-6.1pp	3.8%+5.3pp	-1.5%-1.3pp	-0.2%
Return on Assets	-0.8%-0.2pp	-0.5%+1.3pp	-1.9%-0.9pp	-1.0%-0.6pp	-0.4%-1.1pp	0.7%+1.0pp	-0.3%-0.2pp	-0.0%
Current Ratio	1.16-0.1	1.24+0.1	1.18-0.0	1.20+0.0	1.160.0	1.16+0.0	1.14-0.0	1.15
Debt-to-Equity	4.03+0.1	3.98+0.5	3.50+0.4	3.15+0.4	2.75+0.1	2.68-0.1	2.76-0.1	2.83
FCF Margin	14.3%-1.4pp	15.7%+0.3pp	15.4%+6.8pp	8.6%-3.4pp	12.0%-0.4pp	12.4%-6.0pp	18.4%+7.1pp	11.3%

Frequently Asked Questions

What is Paysafe Limited's annual revenue?

Paysafe Limited (PSEWF) reported $1.7B in total revenue for fiscal year 2025. This represents a -0.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Paysafe Limited's revenue growing?

Paysafe Limited (PSEWF) revenue declined by 0.2% year-over-year, from $1.7B to $1.7B in fiscal year 2025.

Is Paysafe Limited profitable?

No, Paysafe Limited (PSEWF) reported a net income of -$182.5M in fiscal year 2025, with a net profit margin of -10.6%.

What is Paysafe Limited's EBITDA?

Paysafe Limited (PSEWF) had EBITDA of $348.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Paysafe Limited have?

As of fiscal year 2025, Paysafe Limited (PSEWF) had $250.2M in cash and equivalents against $2.6B in long-term debt.

What is Paysafe Limited's gross margin?

Paysafe Limited (PSEWF) had a gross margin of 56.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Paysafe Limited's operating margin?

Paysafe Limited (PSEWF) had an operating margin of 4.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Paysafe Limited's net profit margin?

Paysafe Limited (PSEWF) had a net profit margin of -10.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Paysafe Limited's return on equity (ROE)?

Paysafe Limited (PSEWF) has a return on equity of -27.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Paysafe Limited's free cash flow?

Paysafe Limited (PSEWF) generated $223.6M in free cash flow during fiscal year 2025. This represents a -6.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Paysafe Limited's operating cash flow?

Paysafe Limited (PSEWF) generated $236.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Paysafe Limited's total assets?

Paysafe Limited (PSEWF) had $4.8B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Paysafe Limited's capital expenditures?

Paysafe Limited (PSEWF) invested $12.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Paysafe Limited have outstanding?

Paysafe Limited (PSEWF) had 52M shares outstanding as of fiscal year 2025.

What is Paysafe Limited's current ratio?

Paysafe Limited (PSEWF) had a current ratio of 1.24 as of fiscal year 2025, which is considered adequate.

What is Paysafe Limited's debt-to-equity ratio?

Paysafe Limited (PSEWF) had a debt-to-equity ratio of 3.98 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Paysafe Limited's return on assets (ROA)?

Paysafe Limited (PSEWF) had a return on assets of -3.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Paysafe Limited's Piotroski F-Score?

Paysafe Limited (PSEWF) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Paysafe Limited's earnings high quality?

Paysafe Limited (PSEWF) has an earnings quality ratio of -1.29x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Paysafe Limited cover its interest payments?

Paysafe Limited (PSEWF) has an interest coverage ratio of 0.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.