28% revenue jump and a US banking license: Nayax reports on the quarter
With over 125,000 customers and expansion into Panama, North Macedonia, and Hong Kong, the Israeli payment company continues to accelerate. CEO Yair Nechmad details the expansion of AI services, global deployment, and the confirmation of the annual forecast.
The international fintech and high-tech company Nayax reports strong financial results for the second quarter of 2026, presenting an impressive increase in revenue alongside its global and technological expansion.
The company, which specializes in the development of payment and clearing systems for businesses and vending machines, continues to expand its deployment of devices and customers worldwide while penetrating new fields such as electric vehicle charging and banking services.
In terms of data, the company's revenue for the quarter jumped by 28.2% to $122.6 million, with organic growth of 24% since the beginning of the year. The Adjusted EBITDA financial metric rose to $14.1 million, and the base of connected devices reached 1.55 million units among approximately 125,400 customers.
Alongside this, the company recorded a net loss of $10.1 million following share-based compensation expenses, while the adjusted net profit stood at $6 million. Following the results, Nayax reaffirmed its annual revenue forecast of $510-520 million.
Yair Nechmad, CEO of the company. Photo: David Zisser
"We finished a strong second quarter with consistent performance in all areas of activity," said Yair Nechmad, CEO of Nayax and Chairman of the Board. "Our growth algorithm continues to work, and this quarter we began building the next layer on top of it. We have submitted an application for a banking license in the US, and we are accelerating investments because every service we add reaches the 1.55 million devices already installed. I am excited about the opportunities that lie ahead of us."
Nayax presents a strong business momentum supported by growth in recurring revenue and expansion into new markets in Panama, North Macedonia, and Hong Kong. The combination of artificial intelligence solutions, the submission of the application for a banking license in the US, and investment in long-term growth infrastructure positions the company in a strong position to realize its strategic goals.
