Paysafe Limited (PSFE) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings. Welcome to the PaySafe second quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to Kirsten Nielsen, head of investor relations. Thank you, Kirsten. You may begin. Thank you and welcome to Paysafe's earnings conference call for the second quarter of 2026. Joining me today are Bruce Lowthers, Chief Executive Officer, and John Crawford, Chief Financial Officer. Before we begin, a reminder that this call will contain forward-looking statements and should be considered in conjunction with cautionary statements contained in our earnings release and the company's most recent SEC reports. These statements reflect management's current assumptions and expectations and are subject to factors that may cause actual results to differ materially from those forward-looking statements. You should not place undue reliance on these statements. Forward-looking statements during this call speak only as of the date of this call and we undertake no obligation to update them. Thank you and good morning, everyone. If you're following the webcast, let's start on slide three. The second quarter and first half of twenty twenty six. Mark, an important inflection point for Paysafe. We delivered strong first half revenue growth of 7% while adjusted EBITDA was essentially flat year over year, even as we deliberately increased marketing and IT investment to support the next phase of growth. Just as important, we have now resolved the major inherited matters that have weighed on th...