Paysafe Reports Q3 2026 Results with Revenue Growth Amidst EBITDA Decline and Goodwill Impairment
Paysafe (PSFE) reported third-quarter revenue of $439.6 million, a 1% increase driven by volume expansion in Latin America and digital wallet momentum in Europe. However, the company faced significant profitability headwinds, reporting an Adjusted EBITDA of $105.7 million—a 17% decrease from the previous year—and a GAAP net loss of $247.5 million, largely due to a $203.3 million non-cash goodwill impairment charge. Despite growth in active users (up 14%) and strong performance in specific segments like North American iGaming, management noted that the second half of the year has been more challenging than anticipated. Regulatory headwinds in the crypto sub-vertical, increased marketing investments, and unfavorable EUR/USD exchange rate shifts have pressured margins. Consequently, the company updated its full-year guidance for revenue and adjusted EBITDA to reflect these softer volume trends.
Tickers: $PSFE
Topics: digital wallets EBITDA decline goodwill impairment revenue growth user acquisition