$439.6m Revenue, 2% Organic Growth: Paysafe Reports Q3 2026 Results Under Bruce Lowthers, John Crawford

Paysafe, the global payments platform used widely across iGaming, has reported its financial results for the third quarter of 2026. In its announcement on 12 November 2026, the company posted revenue of $439.6 million for the quarter, an increase of 1% year on year, with organic revenue up 2%.

North America iGaming was named as a driver of growth inside the company’s merchant business, which is where the detail matters most for operators. The headline figures sit alongside a large non-cash charge, an updated full year outlook and a completed refinancing, giving the quarter several moving parts worth separating.

Paysafe Q3 2026 revenue climbs 1% to $439.6 million

Paysafe reported third quarter revenue of $439.6 million, compared with $433.8 million in the same period of 2025. Organic revenue growth was 2%, slightly ahead of the 1% reported figure, which the company attributed to a modest foreign exchange headwind. Across the first nine months of 2026, revenue rose 5% to $1,329.7 million.

Adjusted net income was $23.8 million, with Adjusted EPS of $0.44, compared with $0.70 in the prior year period. Adjusted EBITDA was $105.7 million, down 17% from $126.6 million a year earlier, which the company linked to business mix, continued investment and severance-related costs.

North America iGaming lifts Paysafe Merchant Solutions to $236.7 million

The Merchant Solutions segment grew 2% to $236.7 million. Paysafe said the growth was driven by North America iGaming, along with improved SMB growth across both its direct and agent sales channels, partially offset by lower revenue from data licensing agreements.

That is the line iGaming operators will read first. North America iGaming was named specifically as a growth engine inside the merchant business, a detail that points to where volumes are holding up.

Paysafe Digital Wallets and PaysafeWallet reach $208.1 million

The Digital Wallets segment grew 1% on a reported basis and 2% organically, reaching $208.1 million. Paysafe said this was driven by continued strength in Latin America and by PaysafeWallet in Europe, which offset market softness and regulatory pressures in certain geographies and sub-verticals, including cryptocurrency and financial trading.

Paysafe Q3 2026 net result and $203.3 million goodwill charge explained

Net loss for the quarter was $247.5 million, or ($4.74) per diluted share, compared with a net loss of $87.7 million, or ($1.52) per diluted share, in the prior year period. The company said the result included a $203.3 million goodwill impairment, which is a non-cash charge.

Paysafe said the increase in net loss also reflected a $24.8 million rise in selling, general and administrative expenses and a $13.6 million increase in other expense, primarily related to third-party fees associated with its refinancing transaction. These were partially offset by an $84.9 million decrease in income tax expense.

Paysafe completes refinancing with $650.9 million and €478.4 million term loans

In August 2026 Paysafe completed the refinancing of its revolver and term loans. The company put in place a new $650.9 million term loan facility and a new €478.4 million term loan facility, each maturing in June 2030, and refinanced its revolving credit facility with a new $372.5 million facility maturing in August 2031.

As of 30 September 2026, total cash and cash equivalents stood at $250.7 million, total debt was $2.5 billion and net debt was $2.3 billion.

What Paysafe’s 2026 guidance of up to $1,771 million signals for operators

Paysafe updated its full year 2026 financial guidance, pointing to revenue of $1,761 million to $1,771 million, Adjusted EBITDA of $415 million to $422 million and Adjusted EPS of $1.45 to $1.54.

Commenting on the results, Bruce Lowthers, CEO of Paysafe, said: “Through the first nine months of the year, we grew revenue 5%, expanded our consumer base and continued to build momentum across our newer products and priority markets. Market and currency headwinds in the second half have been greater than we anticipated, but we continue to expect mid single-digit revenue growth for 2026, and our view of the long-term opportunity hasn’t changed.”

For iGaming operators, the takeaway is where Paysafe sees its volumes coming from. North America iGaming is doing visible work inside the merchant business, and the company’s reaffirmed full-year growth outlook suggests it still views that demand as durable heading into 2027.

Source: Paysafe