GMO Payment Gateway (3769) Q4 2025 earnings summary

Executive summary

• Revenue grew 11.8% year-over-year to ¥82.5 bn, driven by transaction volume and value growth across all payment segments.

• Operating profit increased 24.4% year-over-year to ¥31.3 bn, with all business segments contributing to profit growth.

• Profit attributable to owners of parent rose 16.7% year-over-year to ¥21.8 bn.

• Dividend per share increased to ¥144, up ¥20 from plan, with a payout ratio of 50%.

• Outperformed FY2025 operating profit target by 4.4%, setting a new milestone of ¥100.0 bn OP by FY2030 or FY2031.

Financial highlights

• Gross profit rose 15.4% year-over-year to ¥55.5 bn.

• Pre-tax profit increased 16.0% to ¥31.9 bn.

• Basic earnings per share rose to ¥287.79 from ¥246.62 year-over-year.

• Total assets increased to ¥406.8 bn, and total equity reached ¥116.2 bn.

• Q4 revenue was ¥21.5 bn (+9.7% YoY), with Q4 OP at ¥7.9 bn (+39.3% YoY).

Outlook and guidance

• FY2026 revenue guidance is ¥93.2 bn (+13.0% YoY), with OP guidance at ¥37.6 bn (+20.1% YoY).

• Profit attributable to owners of parent is expected to reach ¥23.4 bn (up 7.2% YoY).

• Dividend per share projected at ¥170 (payout ratio 55.1%).

• Long-term OP target of ¥100.0 bn by FY2030 or FY2031, driven by market and share expansion, profitability improvement, and value-added domains.