Paysafe Limited (NYSE: PSFE) launches debt refinancing and Q2 2026 prelim results

Rhea-AI Filing Summary

Paysafe Limited launched a refinancing transaction to amend and extend its existing $814 million USD First Lien Term Loan and €586 million EUR First Lien Term Loan, moving their maturities from 2028 to 2030. The company is also refinancing its $305 million Revolving Credit Facility due 2027 into a new upsized five-year facility.

For the second quarter of 2026, preliminary results estimate revenue of $447 million, up 4% year over year. Net loss is expected between $53 million and $65 million compared with a net loss of $50 million a year earlier. Adjusted EBITDA is estimated at $103 million versus $105 million in 2025. These figures are unaudited, based on mid-point estimates, and remain subject to finalization. Paysafe plans to provide full results and reaffirm its 2026 financial guidance on August 13, 2026.

Filing Explained

The July 29 Form 6-K reports that Paysafe has launched, but not completed, a proposed refinancing: extending the $814 million and €586 million term loans to 2030 and replacing the $305 million revolver with a new upsized five-year facility remain in process.

Key Figures

Q2 2026 Revenue: $447 million Q2 2026 Net Loss Range: $53–$65 million Q2 2026 Net Loss Midpoint: $59 million +5 more

8 metrics

Q2 2026 Revenue $447 million Estimated revenue for the second quarter of 2026, up 4% vs Q2 2025

Q2 2026 Net Loss Range $53–$65 million Expected net loss range for the second quarter of 2026 vs $50 million in Q2 2025

Q2 2026 Net Loss Midpoint $59 million Midpoint estimate of net loss used in the Adjusted EBITDA reconciliation for Q2 2026

Q2 2026 Adjusted EBITDA $103 million Estimated Adjusted EBITDA for Q2 2026 vs $105 million in Q2 2025

USD First Lien Term Loan $814 million Existing First Lien Term Loan to be amended and extended from 2028 maturity to 2030

EUR First Lien Term Loan €586 million Existing First Lien Term Loan to be amended and extended from 2028 maturity to 2030

Revolving Credit Facility $305 million Existing revolver due 2027 to be refinanced into a new upsized five-year facility

Q2 2025 Adjusted EBITDA $105 million Prior-year Adjusted EBITDA for the second quarter of 2025

Key Terms

First Lien Term Loan, Revolving Credit Facility, Adjusted EBITDA, non-GAAP financial measures, +2 more

6 terms

First Lien Term Loan financial

"amend and extend to 2030 its existing $814 million USD First Lien Term Loan"

A first lien term loan is a type of loan that is secured by a company’s assets and gives the lender the top legal claim on those assets if the borrower defaults, similar to a first mortgage on a house. It is repaid on a fixed schedule over a set period, and matters to investors because it sits ahead of other creditors in repayment priority—making it lower risk than unsecured debt and influencing a company’s borrowing costs and the potential recovery for equity or junior lenders.

Revolving Credit Facility financial

"refinancing its existing $305 million Revolving Credit Facility due 2027"

A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.

Adjusted EBITDA financial

"Adjusted EBITDA for the second quarter of 2026 is estimated to be $103 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.

non-GAAP financial measures financial

"Adjusted EBITDA is a supplemental measure that is not required by, or presented in accordance with, GAAP"

Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.

net leverage financial

"non-GAAP financial measures, including Adjusted EBITDA and net leverage, when considered together"

Net leverage measures how many years it would take for a company to pay off its outstanding debt using its annual operating cash flow, after subtracting cash on hand from total debt. Think of it like a household’s mortgage balance minus savings divided by yearly income; a lower number means the company is in a safer position to handle debt, while a higher number signals greater financial risk and potential pressure on profits or growth.

forward-looking statements regulatory

"This exhibit to Form 6-K includes “forward-looking statements” within the meaning"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What refinancing transaction did Paysafe (PSFE) launch in July 2026?

Paysafe launched a refinancing transaction to amend and extend its $814M USD and €586M EUR First Lien Term Loans from 2028 to 2030, and to refinance its $305M Revolving Credit Facility into a new upsized five-year facility.

What are Paysafe (PSFE)’s preliminary revenue figures for Q2 2026?

Paysafe estimates Q2 2026 revenue at $447 million, representing a 4% increase versus the second quarter of 2025. These results are preliminary, unaudited, and subject to completion of the company’s quarterly financial reporting processes.

What net loss does Paysafe (PSFE) expect for Q2 2026?

Paysafe expects a Q2 2026 net loss between $53 million and $65 million, compared with a net loss of $50 million in Q2 2025. The midpoint of this range, $59 million, is used in the Adjusted EBITDA reconciliation table.

How did Paysafe (PSFE)’s Adjusted EBITDA change in Q2 2026?

Paysafe’s preliminary Adjusted EBITDA for Q2 2026 is $103 million, compared with $105 million in Q2 2025, a decrease of about 2%. Adjusted EBITDA is a non-GAAP measure that excludes items such as interest, taxes, depreciation, amortization, and certain other costs.

When will Paysafe (PSFE) release full Q2 2026 results and guidance?

Paysafe intends to release full Q2 2026 financial results and provide a reaffirmation of its previously issued 2026 guidance during its scheduled second quarter earnings call on August 13, 2026, after completing its financial reporting processes.

Are Paysafe (PSFE)’s Q2 2026 figures final and audited?

No. The Q2 2026 figures are preliminary, unaudited estimates, based on information available as of July 29, 2026. They are subject to finalization of Paysafe’s quarterly reporting and may differ materially from the final results once publicly disclosed.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2026

Commission File No. 001-40302

PAYSAFE LIMITED

(Translation of registrant’s name into English)

Paysafe Limited

2 Gresham Street

London, United Kingdom EC2V 7AD

(Address of Principal Executive Offices) (Zip Code)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Information Contained in this Form 6-K Report

On July 29, 2026, Paysafe Limited (the "Company") launched a transaction to amend and extend to 2030 its existing $814 million USD First Lien Term Loan and €586 million EUR First Lien Term Loan, each of which is currently due in 2028 (the "Refinancing Transaction"). In conjunction with the proposed Refinancing Transaction, the Company is also in the process of refinancing its existing $305 million Revolving Credit Facility due 2027 into a new upsized five-year facility. In connection with the launch of the Refinancing Transaction, the Company's preliminary second quarter select financial results are hereby furnished as Exhibit 99.1 to this report of foreign private issuer on Form 6-K.

The information contained in this report and the exhibit hereto shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference into any filings made by Paysafe Limited under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

Financial Statements and Exhibits

Exhibits

Exhibit		Description
99.1		Preliminary second quarter selected financial results of the Company

1

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

Date: July 29, 2026	PAYSAFE LIMITED
	By:	/s/ John Crawford
	Name:	John Crawford
	Title:	Chief Financial Officer

2

Exhibit 99.1

Preliminary Select Financial Results for Q2 2026

Preliminary second quarter select financial results

Subject to the finalization of financial reporting processes, revenue for the second quarter of 2026 is estimated to be $447 million, an increase of 4% compared to the second quarter of 2025.

Net loss for the second quarter of 2026 is expected to be between $53 million and $65 million, compared to a net loss of $50 million in the second quarter of 2025. Adjusted EBITDA for the second quarter of 2026 is estimated to be $103 million, a decrease of 2% compared to the second quarter of 2025.

Basis of preliminary financial information

Paysafe intends to provide its full financial results along with reaffirmation of our previously issued 2026 financial guidance with our scheduled second quarter earnings call on August 13, 2026. Until that time, the preliminary results for the three months ended June 30, 2026 described in this exhibit to Form 6-K reflect management’s estimates based upon information available to management as of the date of this release, are unaudited, and are subject to the finalization of our quarterly financial reporting processes and control procedures.

The Company’s independent registered public accounting firm has not reviewed or performed any procedures with respect to these preliminary results. These preliminary estimates should not be viewed as a substitute for full interim financial statements prepared in accordance with GAAP. There is a possibility that these preliminary results could differ materially from the actual results when they are finalized and publicly disclosed.

About Paysafe

Paysafe is a global payments platform powering the experience economy, with a strong focus on the iGaming, video gaming, e-commerce, online trading, retail, travel and hospitality sectors. With 30 years of expertise in payment technology, Paysafe helps businesses and consumers lift every experience through seamless, secure payment solutions, including card payments, digital wallets such as Skrill, eCash solutions like PaysafeCard, and a suite of local payment methods. With approximately 2,800 employees across 12 countries and annualized transactional volume of $167 billion in 2025, Paysafe connects people and businesses worldwide through innovative digital payment experiences. Further information is available at www.paysafe.com.

Contacts

Media

Nilce Piccinini

Paysafe

+1 (281) 895-5954

nilce.piccinini@paysafe.com

Investors

Kirsten Nielsen

Paysafe

+1 (646) 901-3140

kirsten.nielsen@paysafe.com

Forward-looking statements

This exhibit to Form 6-K includes “forward-looking statements” within the meaning of U.S. federal securities laws. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Paysafe Limited’s (“Paysafe,” “PSFE,” the “Company,” “we,” “us,” or “our”) actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “anticipate,” “appear,” “approximate,” “believe,” “budget,” “continue,” “could,” “estimate,” “expect,” “forecast,” “foresee,” “guidance,” “intends,” “likely,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” "will," “would” and variations of such words and similar expressions (or the negative version of such words or expressions) may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, without limitation, Paysafe’s expectations with respect to future performance.

These forward-looking statements involve significant risks, uncertainties, and events that may cause the actual results to differ materially, and potentially adversely, from those expressed or implied in the forward-looking statements. While the company believes its assumptions concerning future events are reasonable, a number of factors could cause actual results to differ materially from those projected, including, but not limited to: cyberattacks and security vulnerabilities; complying with and changes in money laundering regulations, financial services regulations, cryptocurrency regulations, consumer and business privacy and data use regulations or other regulations in Bermuda, the UK, Ireland, Switzerland, the United States, Canada and elsewhere; risks related to our focus on specialized and high-risk verticals; geopolitical events and the economic and other impacts of such geopolitical events and the responses of governments around the world; acts of war and terrorism; the effects of global economic uncertainties, including inflationary pressure and rising interest rates, on consumer and business spending; risks associated with foreign currency exchange rate fluctuations; changes in our relationships with banks, payment card networks, issuers and financial institutions; risk related to processing online payments for merchants and customers engaged in the online gambling and foreign exchange trading sectors; risks related to becoming an unwitting party to fraud or being deemed to be handling proceeds resulting from the criminal activity by customers; the effects of chargebacks, merchant insolvency and consumer deposit settlement risk; changes to our continued financial institution sponsorships; failure to hold, safeguard or account accurately for merchant or customer funds; risks related to the availability, integrity and security of internal and external IT transaction processing systems and services; our ability to manage regulatory and litigation risks, and the outcome of legal and regulatory proceedings; failure of fourth parties to comply with contractual obligations; changes and compliance with payment card network operating rules; substantial and increasingly intense competition worldwide in the global payments industry; risks related to developing and maintaining effective internal controls over financial reporting; managing our growth effectively, including growing our revenue pipeline; any difficulties maintaining a strong and trusted brand; keeping pace with rapid technological developments; risks associated with the significant influence of our principal shareholders; the effect of regional epidemics or a global pandemic on our business; and other factors included in the “Risk Factors” in our Form 20-F and in other filings we make with the SEC, which are available at https://www.sec.gov. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Except as required by applicable law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in their expectations with respect thereto or any change in events.

Non-GAAP financial measures

To supplement the Company’s condensed consolidated financial statements presented in accordance with generally accepted accounting principles, or GAAP, the Company presents in this release a

non-GAAP measure of certain components of financial performance, namely Adjusted EBITDA. Adjusted EBITDA is a supplemental measure that is not required by, or presented in accordance with, accounting principles generally accepted in the United States (“U.S. GAAP”).

Adjusted EBITDA is defined as net income/(loss) before the impact of income tax (benefit)/expense, interest expense, net, depreciation and amortization, share-based compensation, impairment expense on goodwill and intangible assets, restructuring and other costs, loss/(gain) on disposal of a subsidiaries and other assets, net, and other income/(expense), net. These adjustments also include certain costs and transaction items that are not reflective of the underlying operating performance of the Company. Management believes Adjusted EBITDA to be a useful profitability measure to assess the performance of our businesses and improves the comparability of operating results across reporting periods.

Management believes the presentation of these disposed business and non-GAAP financial measures, including Adjusted EBITDA and net leverage, when considered together with the Company’s results presented in accordance with GAAP, provides users with useful supplemental information in comparing the operating results across reporting periods by excluding items that are not considered indicative of Paysafe’s core operating performance. In addition, management believes the presentation of this non-GAAP financial measure provides useful supplemental information in assessing the Company’s results on a basis that fosters comparability across periods by excluding the impact on the Company’s reported GAAP results of acquisitions and dispositions that have occurred in such periods. However, this non-GAAP measure excludes items that are significant in understanding and assessing Paysafe’s financial results or position. Therefore, this measure should not be considered in isolation or as alternatives to revenue, net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP.

You should be aware that Paysafe’s presentation of this measure may not be comparable to similarly titled measures used by other companies.

GAAP to Non-GAAP reconciliation

		Three Months Ended
		June 30,
($ in millions)(unaudited)		2026				2025
Net loss (2)		$	(59	)		$	(50	)
Income tax expense			7				29
Interest expense, net			36				35
Depreciation and amortization			68				68
Share-based compensation expense			22				11
Impairment expense on goodwill and intangibles assets			—				—
Restructuring and other costs			24				6
Loss on disposal of subsidiaries and other assets, net			—				—
Other expense, net			4				7
Adjusted EBITDA (1)		$	103			$	105

(1)Amounts may not sum due to rounding.

(2)Due to ongoing finalization of quarterly financial reporting processes for the three months ended June 30, 2026, including the financial statement line items within the reconciliation of Adjusted EBITDA to Net Loss (as described above under “Basis of preliminary financial information”), we are reporting a range of preliminary net loss, from $53 million to $65 million for the three months ended June 30, 2026 Each of the numbers included in the reconciliation for 2026 is also based on a range, and represents the mid-point of such range. There is a possibility that these preliminary results could differ materially from the actual adjustments when they are finalized and publicly disclosed.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 70.7 KB