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Payoneer Global (Payoneer Global) Gross Margin % : 83.81% (As of Dec. 2023)


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What is Payoneer Global Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Payoneer Global's Gross Profit for the three months ended in Dec. 2023 was $188.0 Mil. Payoneer Global's Revenue for the three months ended in Dec. 2023 was $224.3 Mil. Therefore, Payoneer Global's Gross Margin % for the quarter that ended in Dec. 2023 was 83.81%.


The historical rank and industry rank for Payoneer Global's Gross Margin % or its related term are showing as below:

PAYO' s Gross Margin % Range Over the Past 10 Years
Min: 68.72   Med: 75.24   Max: 85.29
Current: 85.29


During the past 6 years, the highest Gross Margin % of Payoneer Global was 85.29%. The lowest was 68.72%. And the median was 75.24%.

PAYO's Gross Margin % is ranked better than
90.93% of 2625 companies
in the Software industry
Industry Median: 41.71 vs PAYO: 85.29

Payoneer Global had a gross margin of 83.81% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Payoneer Global was 4.80% per year.


Payoneer Global Gross Margin % Historical Data

The historical data trend for Payoneer Global's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Payoneer Global Gross Margin % Chart

Payoneer Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 70.21 71.92 78.56 82.45 85.29

Payoneer Global Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.44 85.90 86.22 85.39 83.81

Competitive Comparison of Payoneer Global's Gross Margin %

For the Software - Infrastructure subindustry, Payoneer Global's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Payoneer Global's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Payoneer Global's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Payoneer Global's Gross Margin % falls into.



Payoneer Global Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Payoneer Global's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=708.8 / 831.103
=(Revenue - Cost of Goods Sold) / Revenue
=(831.103 - 122.291) / 831.103
=85.29 %

Payoneer Global's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=188 / 224.32
=(Revenue - Cost of Goods Sold) / Revenue
=(224.32 - 36.32) / 224.32
=83.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Payoneer Global  (NAS:PAYO) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Payoneer Global had a gross margin of 83.81% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Payoneer Global Gross Margin % Related Terms

Thank you for viewing the detailed overview of Payoneer Global's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Payoneer Global (Payoneer Global) Business Description

Traded in Other Exchanges
N/A
Address
150 W 30th Street, New York, NY, USA, 10001
Payoneer Global Inc is the world's go-to partner for digital commerce, everywhere. The company started as a cross-border payments platform that empowers businesses, online sellers, and freelancers. The platform allows users to get paid in multiple currencies, bill global clients, and sell on marketplaces worldwide.
Executives
Arnon Kraft officer: Chief Operating Officer 150 W 30TH ST., NEW YORK NY 10001
Scott H. Galit director, officer: Chief Executive Officer C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Tsafi Goldman officer: CL&RO C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Avi Zeevi director C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Susanna Morgan director 1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101
Itai Perry officer: SVP Finance C/O CROWDSTRIKE HOLDINGS, INC., 206 E. 9TH STREET, AUSTIN TX 78701
Caro Del Castillo Sharda director C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Beatrice Ordonez officer: Chief Financial Officer TWO BLUE HILL PLAZA - SECOND FLOOR, PEARL RIVER NY 10965
Michael G Levine officer: Chief Financial Officer C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Robert Kl Clarkson officer: Chief Revenue Officer 150 W 30TH ST., NEW YORK NY 10001
Assaf Ronen officer: Chief Platform Officer 234 1ST ST, SAN FRANCISCO CA 94105
John C. Morris director C/O VISA INC., P.O. BOX 8999, SAN FRANCISCO CA 94128-8999
John Caplan director, officer: Co-Chief Executive Officer C/O PAYONEER GLOBAL INC. 150 W. 30TH ST, NEW YORK NY 10001
Gilad Gruber officer: Chief Technology Officer 150 W. 30TH STREET, NEW YORK NY 10001
Pamela H Patsley director 53 SOUTH AVENUE, BULINGTON MA 01803