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NYAX
NASDAQ Technology

Nayax Reports Q2 Revenue of $122.6M (+28% YoY), Reaffirms 2026 Guidance, and Grants CEO/CTO Performance Options

Arie Shkolnikov · Analysis by Wiseek AI
More coverage: IT Services Stocks · Technology
Sentiment info
Positive
Importance info
8
Price
$66.49
Mkt Cap
$2.58B
52W Low
$39.17
52W High
$76.86
52W Position info
70% above low
Off High info
13% below high
Rel. Volume info
0.2× avg
Market data snapshot near publication time

NYAX sits 70% above its 52-week low of $39.17 on light trading volume (0.2× avg).

Summary

Nayax posted Q2 revenue of $122.6M (+28% YoY) and reaffirmed 2026 guidance. CEO and CTO received performance options tied to stock price targets. Cybersecurity incident contained with limited data exposure. Brazil earnout settled for $6.8M.


Key Events · Earnings and Guidance · NYAX

  • Q2 Revenue +28% YoY

    Revenue reached $122.6 million, up from $95.6 million in Q2 2025, driven by recurring SaaS and payment processing fees.

  • 2026 Guidance Reaffirmed

    Management reiterated its full-year 2026 revenue and adjusted EBITDA outlook, signaling confidence in sustained growth.

  • CEO/CTO Performance Options

    Each granted 810,086 options with vesting tied to share price targets of $120–$240, aligning executive pay with shareholder value creation.

  • Cybersecurity Incident Contained

    Investigation confirmed limited data exfiltration (no sensitive payment data), systems cleared, and no evidence of fund access — removing a key risk.


Analysis · NYAX · Technology

Nayax delivered strong Q2 revenue growth of 28% to $122.6 million and adjusted EBITDA of $14.1 million, while reaffirming its full-year 2026 revenue and EBITDA guidance — a signal of confidence despite a net loss driven by heavy stock-based compensation and rising operating costs. The filing also reveals a major equity grant to the CEO and CTO: 810,086 options each, vesting only if the stock reaches $120–$240, aligning leadership incentives with shareholder returns. The cybersecurity incident update confirms limited data exposure and system clearance, removing a key overhang. A subsequent event settles the Brazil acquisition earnout for $6.8 million, simplifying liabilities but triggering a $4.5 million expense in Q3. Together, these items paint a picture of a high-growth fintech managing costs, incentivizing leadership, and resolving legacy risks.

At the time of this filing, NYAX was trading at $66.49 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $39.17 to $76.86. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.

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