Payments and Fintech Firms Pair Third Quarter Results With Higher 2026 Outlooks

Rhea-AI Summary

Block (XYZ) raised its 2026 outlook alongside four other payments and fintech companies reporting third-quarter growth and higher annual forecasts. Block's gross profit rose 22% year over year to $3.24 billion; it now guides to $12.626 billion for 2026.

Riskified (RSKD) revenue grew 41% to $115.2 million, and its annual revenue forecast rose to $427 million–$433 million. Nayax (NYAX) revenue increased 23% to $128 million, with a $1.1 million net loss. After completing its IPS Group acquisition, Nayax expects annual revenue including IPS of $530 million–$540 million.

Corpay (CPAY) revenue increased 18% to $1,381.9 million and net income rose 36% to $378.4 million. Flywire (FLYW) revenue grew 25.1% to $250.3 million; its $74.5 million net income included an approximately $39.2 million non-cash tax benefit. Both raised their 2026 outlooks.

33 points · 4 major

PositiveiHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

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0 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

• Major point. Forward-looking: it has not happened yet and may not happen.Block raised 2026 guidance for gross profit, adjusted operating income and adjusted diluted EPS growth.
• Major point. Forward-looking: it has not happened yet and may not happen.Riskified 2026 revenue forecast increased to $427 million–$433 million from $400 million–$410 million.
• Major point. Forward-looking: it has not happened yet and may not happen.Corpay raised 2026 guidance to $5.340 billion–$5.360 billion revenue and $27.90–$28.10 adjusted diluted earnings per share.
• Major point. Forward-looking: it has not happened yet and may not happen.Flywire 2026 currency-neutral revenue less ancillary services growth guidance rose 2 points at the midpoint to 25%–27%.
• Moderate pointBlock gross profit grew 22% year over year to $3.24 billion in Q3 2026.
• Moderate pointBlock adjusted operating income, a non-GAAP measure, grew 92% year over year to $923 million.
• Moderate pointBlock adjusted diluted EPS, a non-GAAP measure, grew 109% year over year to $1.13.
• Moderate pointBlock Square payment volume grew 14% year over year on reported and constant-currency bases.
• Moderate pointRiskified Q3 revenue grew 41% year over year to $115.2 million, accelerating from 22% growth in Q2.
• Moderate pointRiskified free cash flow, a non-GAAP measure, reached $15.2 million in Q3.
• Moderate pointNayax Q3 revenue increased 23% to $128 million from $104.3 million.
• Moderate pointNayax recurring revenue from software subscriptions and payment processing grew 21% to $93.5 million.
• Moderate pointNayax adjusted EBITDA, a non-IFRS measure, reached $24.2 million at a 19% margin.
• Moderate pointNayax free cash flow, a non-IFRS measure, returned positive at $10 million.
• Moderate pointNayax completed the IPS Group acquisition on October 1, 2026, expanding into parking.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Nayax expects 2026 revenue including IPS of $530 million–$540 million; guidance excluding IPS remains $510 million–$520 million.
• Moderate pointCorpay Q3 revenue increased 18% to $1,381.9 million from $1,172.5 million.
• Moderate pointCorpay net income increased 36% to $378.4 million.
• Moderate pointCorpay diluted earnings per share increased 45% to $5.66.
• Moderate pointCorpay adjusted EBITDA, a non-GAAP measure, increased 17% to $793.8 million.
• Moderate pointCorpay adjusted diluted earnings per share, a non-GAAP measure, increased 32% to $7.54.
• Moderate pointFlywire Q3 revenue increased 25.1% to $250.3 million.
• Moderate pointFlywire net income rose to $74.5 million from $29.6 million, including approximately $39.2 million in non-cash tax benefits.
• Moderate pointFlywire total payment volume increased 27.7% to $17.8 billion.
• Moderate pointFlywire adjusted EBITDA, a non-GAAP measure, increased 39.2% to $79.5 million.

8 minor points

• Minor pointBlock Cash App monthly transacting actives grew to 60 million in September.
• Minor point. Forward-looking: it has not happened yet and may not happen.Block 2026 gross profit guidance is $12.626 billion, representing 22% growth.
• Minor pointRiskified quarter-end liquidity totaled approximately $235 million in cash, deposits and investments, with no debt.
• Minor point. Forward-looking: it has not happened yet and may not happen.Riskified 2026 adjusted EBITDA forecast, a non-GAAP measure, increased to $39 million–$43 million from $33 million–$39 million.
• Minor pointNayax gross margin reached 49.6% in Q3.
• Minor pointCorpay organic revenue growth, a non-GAAP measure, was 11%.
• Minor pointFlywire revenue less ancillary services, a non-GAAP measure, increased 26.0% to $244.5 million.
• Minor point. Forward-looking: it has not happened yet and may not happen.Flywire 2026 adjusted EBITDA margin growth guidance increased 30 basis points at the midpoint.

Negative

• Minor pointNayax Q3 net loss was $1.1 million, despite non-IFRS adjusted net income of $14.1 million.

Key Figures

Gross profit: $3.24 billion; +22% Adjusted Operating Income: $923 million; +92% GAAP diluted EPS: $0.92 +2 more

Gross profit

$3.24 billion; +22%

3Q26, year over year

Adjusted Operating Income

$923 million; +92%

3Q26, year over year

GAAP diluted EPS

$0.92

3Q26

Adjusted Diluted EPS

$1.13; +109%

3Q26, year over year; record

Gross profit guidance

$12.626 billion; 22% growth

FY2026 guidance, raised

Key Terms

gaap, non-gaap, adjusted ebitda, free cash flow

4 terms

gaap financial

"the figures below carry the GAAP, non-GAAP and non-IFRS labels"

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

View in glossary

non-gaap financial

"the figures below carry the GAAP, non-GAAP and non-IFRS labels"

Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.

View in glossary

adjusted ebitda financial

"Adjusted EBITDA, a non-GAAP measure, between $39 million and $43 million"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

free cash flow financial

"record free cash flow, a non-GAAP measure, of $15.2 million"

Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.

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NEW YORK, Nov. 12, 2026 /PRNewswire/ -- Market Updates News Commentary - Payments and financial technology companies have been reporting third quarter 2026 results this month, and two more did so on Wednesday, Nov. 11. Among the five companies reviewed below, each paired its quarterly results with a higher full-year 2026 outlook in some form, with the raised measures including revenue, gross profit, adjusted EBITDA and adjusted earnings per share. Active Companies from around the markets with current developments this week include: Riskified Ltd. (NYSE: RSKD), Nayax Ltd. (NASDAQ: NYAX), Block, Inc. (NYSE: XYZ), Corpay, Inc. (NYSE: CPAY), and Flywire Corporation (NASDAQ: FLYW).

The five work in different corners of the industry. In their own descriptions, they range from a leader in ecommerce fraud and risk intelligence to a global commerce payments and loyalty platform, a global payments enablement and software company and a company that calls itself the Global Spend Management Company. Block's shareholder letter breaks out results for Cash App and Square.

Several of the releases report growth in payment or transaction volume alongside wider adjusted margins or stronger free cash flow. Each company defines those measures in its own way; the figures below carry the GAAP, non-GAAP and non-IFRS labels the companies themselves use.

Quarterly releases are one way to follow payments stocks; the chart is another. Our sister site, Stock Preachers, offers Knowledge is Power, a free 27-page guide in 10 chapters that teaches reading the news and reading the chart in plain English, along with The Roadmap every Monday, Wednesday and Friday. Get the free guide here.

Riskified Ltd. (NYSE: RSKD)

Riskified reported third quarter 2026 results on Nov. 11. Revenue grew 41% year-over-year to $115.2 million, an acceleration from 22% growth in the second quarter of 2026, driven by continued new merchant and upsell activity, according to the company. The company generated record free cash flow, a non-GAAP measure, of $15.2 million and ended the quarter with approximately $235 million in cash, deposits and investments and no debt.

Riskified now anticipates 2026 revenue between $427 million and $433 million, up from a prior range of $400 million to $410 million, and Adjusted EBITDA, a non-GAAP measure, between $39 million and $43 million, up from $33 million to $39 million. It also introduced capabilities designed to identify the AI agent behind an order or customer service request, and announced a new partnership with Zendesk. "We delivered 41% revenue growth and we're raising our outlook for the third time this year. Merchants facing faster, more sophisticated fraud are turning to our risk intelligence platform and adopting more of our products," said Eido Gal, CEO & Co-Founder of Riskified. Riskified shares closed at $10.37 on Wednesday, up 22.29% on the day.

Nayax Ltd. (NASDAQ: NYAX)

Nayax reported third quarter 2026 results on Nov. 11. Revenue increased 23% to $128 million from $104.3 million, recurring revenue from SaaS and payment processing fees grew 21% to $93.5 million, and gross margin was 49.6%. The company reported a net loss of $1.1 million, along with Adjusted Net Income of $14.1 million, Adjusted EBITDA of $24.2 million at a 19% margin and free cash flow of $10 million, all non-IFRS measures.

Nayax completed the acquisition of IPS Group on Oct. 1, 2026, which it said expanded its platform into parking. The company reaffirmed its full-year guidance, excluding IPS, of $510 million to $520 million, and said that with IPS its revenue guidance is expected to be between $530 million and $540 million for the full year 2026. "Our third-quarter results demonstrated continued growth alongside improved margins, operating leverage and a return to positive free cash flow. Revenue grew 23%, gross margin hit a record 49.6%, and Adjusted EBITDA increased by more than 70% sequentially, all while we converted a 41% positive free cash flow," commented Yair Nechmad, Nayax's Co-Founder, Chief Executive Officer and Chairman of the Board. Nayax shares closed at $53.00 on Wednesday, up 8.52%.

Block, Inc. (NYSE: XYZ)

Block reported third quarter 2026 results on Nov. 3 in a shareholder letter filed with the SEC. Gross profit grew 22% year over year to $3.24 billion, and Adjusted Operating Income, a non-GAAP measure, grew 92% year over year to $923 million. GAAP diluted EPS was $0.92, while Adjusted Diluted EPS, also a non-GAAP measure, grew 109% year over year to a record $1.13. Cash App monthly transacting actives grew to 60 million in September, and Square GPV grew 14% year over year on a reported and constant currency basis.

The letter said Block exceeded its guidance on gross profit, Adjusted Operating Income and Adjusted Diluted EPS growth and raised its guidance across each of these metrics for the year; its guidance table shows 2026 gross profit of $12.626 billion, or 22% growth. Referring to four principles the company set at the beginning of the year, the letter, signed by Block Head and Chairperson Jack Dorsey and Chief Financial Officer & Chief Operating Officer Amrita Ahuja, stated: "We used these principles to refocus how we work, what we work on, and where we're going. And we saw this compound into another strong set of results in the third quarter." Block shares closed at $85.72 on Wednesday, up 0.16%.

Corpay, Inc. (NYSE: CPAY)

Corpay reported third quarter results on Nov. 4. On a GAAP basis, revenues increased 18% to $1,381.9 million from $1,172.5 million, net income increased 36% to $378.4 million and net income per diluted share increased 45% to $5.66. Among its non-GAAP results, organic revenue growth was 11%, Adjusted EBITDA increased 17% to $793.8 million and adjusted net income per diluted share increased 32% to $7.54.

The company said it is raising its full-year 2026 outlook and revised its fiscal 2026 guidance to total revenues between $5.340 billion and $5.360 billion and adjusted net income per diluted share between $27.90 and $28.10. "Our third quarter results were excellent, with revenue growth of 18% and adjusted net income per diluted share growth of 32%, both ahead of our expectations," said Ron Clarke, chairman and chief executive officer, Corpay, Inc. Corpay shares closed at $461.95 on Wednesday, up 0.50%.

Flywire Corporation (NASDAQ: FLYW)

Flywire reported third quarter 2026 results on Nov. 3. On a GAAP basis, revenue increased 25.1% to $250.3 million and net income was $74.5 million, compared to $29.6 million a year earlier; the company said third quarter 2026 net income reflects a non-cash income tax benefit of approximately $39.2 million. The release also reported Total Payment Volume up 27.7% to $17.8 billion and, on a non-GAAP basis, Revenue Less Ancillary Services up 26.0% to $244.5 million and Adjusted EBITDA up 39.2% to $79.5 million.

Flywire raised its fiscal 2026 FX-Neutral Revenue Less Ancillary Services growth guidance by 2 points at the midpoint, to 25% to 27% year over year, and its Adjusted EBITDA margin growth guidance by 30 basis points at the midpoint. "Q3 showed the sustainability of our growth. Through our seasonal education peak, we delivered strong top-line growth with disciplined execution across all four verticals," said Mike Massaro, Flywire's CEO. Flywire shares closed at $22.25 on Wednesday, down 0.45%.

Each of the five reported its quarter in its own terms, and the outlooks above are the companies' own guidance. To learn how to read the news and the charts behind stocks like these, get the free Knowledge is Power guide from Stock Preachers at https://market-updates.com/sp/

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FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Block's updated 2026 gross profit guidance?

Block guides to $12.626 billion in 2026 gross profit, representing 22% growth. The company also raised its annual guidance for adjusted operating income and adjusted diluted EPS growth.

What is Riskified's updated 2026 outlook?

Riskified expects $427 million–$433 million in 2026 revenue and $39 million–$43 million in adjusted EBITDA, a non-GAAP measure. The previous ranges were $400 million–$410 million and $33 million–$39 million, respectively.