Paysafe posts mixed Q2 results, shares inch higher on top-line beat

London - Paysafe Limited reported mixed Q2 results on Tuesday, with shares inching higher as revenue exceeded expectations. The payments platform posted a revenue of $447.4 million, surpassing analyst consensus and representing a 4% increase from $428.2 million in the previous quarter. Adjusted earnings per share (EPS) came in at $0.43, matching expectations, while GAAP EPS was -$1.13 per diluted share, improving from -$0.85 in the prior quarter.

For the year 2026, the company projected adjusted EPS of $1.90-$2.03, falling short of the $2.15 consensus estimate from analysts. However, Paysafe updated its EPS guidance to account for a recent refinancing transaction and changes in interest expense.

CEO Bruce Lowthers attributed the strong performance to robust growth across priority markets and products, with Q2 revenue up 7% year-to-date. Adjusted EBITDA declined 2% to $102.8 million, while the Digital Wallets segment grew 3% to $206.6 million, and Merchant Solutions revenue increased 6% to $246.1 million, boosted by high iGaming volumes in North America and data commercialization efforts.

On August 12, Paysafe completed a refinancing of certain term loan facilities, extending debt maturity to 2030 and increasing its revolving credit facility to $372.5 million, maturing in August 2031.