Payoneer Global Inc.'s stock surged 5.14% in pre-market trading following the release of its first quarter 2026 financial results, which significantly exceeded analyst expectations.

The financial technology company reported quarterly earnings of $0.06 per share, beating the consensus estimate of $0.04 by 50%. Revenue for the quarter reached $261.595 million, surpassing the $254.989 million estimate and representing a 6.07% increase compared to the same period last year.

Payoneer also increased its full-year 2026 guidance, now expecting revenue of $1.1 billion to $1.14 billion and adjusted EBITDA of $285 million to $295 million. The company highlighted strong operational performance with revenue excluding interest income growing 11% year-over-year and B2B volume growth accelerating to 44% across all major regions.