GMO Payment Gateway (3769) Q3 2026 earnings summary

Executive summary

• Cumulative Q3 FY2026 revenue reached ¥69,728 million, up 14.3% year-over-year, with operating profit up 24.2% to ¥29,112 million, driven by recurring-model and overseas business growth.

• Profit attributable to owners of parent increased 21.8% year-over-year to ¥18,981 million.

• Total comprehensive income grew 45.9% year-over-year to ¥24,120 million.

• Q3 OP grew 26.9% year-over-year, supported by revenue diversification outside the EC domain and improved profitability across business units.

• Progress continues toward the medium-term target of ¥100.0 billion OP by FY2030/31, with a CAGR over 22% and prerequisites fulfilled.

Financial highlights

• Basic earnings per share for the nine months was ¥249.98, up from ¥205.50 year-over-year.

• Cumulative Q3 FY2026 revenue was ¥69.7 billion (+14.3% YoY), gross profit ¥46.0 billion (+11.4% YoY), and OP ¥29.1 billion (+24.2% YoY).

• Q3 FY2026 revenue was ¥23.6 billion (+16.8% YoY), with OP at ¥10.3 billion (+26.9% YoY).

• Pre-tax profit for cumulative Q3 was ¥29.0 billion (+21.3% YoY); profit attributable to owners of parent was ¥19.0 billion.

• EBITDA for Q3 FY2026 was ¥11.4 billion, with an EBITDA margin of 47.8%.

Outlook and guidance

• FY2026 guidance achievement rates: revenue 74.8%, gross profit 74.2%, OP 77.3%, pre-tax profit 80.4%.

• Full-year revenue forecast for FY2026 is ¥93,235 million (+13.0% YoY), with OP projected at ¥37,639 million (+20.1% YoY).

• Profit attributable to owners of parent is forecast at ¥23,406 million (+7.2% YoY), and basic EPS for the full year is expected to reach ¥308.58.

• Management targets OP of ¥100.0 billion by FY2030/31, focusing on market expansion, share gains, and value-added domains.

• OP margin targeted to improve by 1 percentage point per year, aiming for 43% by FY2030/31.