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NYAX on Nasdaq

Nayax

Global fintech company

Nayax Ltd. is an Israeli fintech company that offers cashless, telemetry, management, monitoring, and business intelligence (BI) products and services for the vending, unattended, and other retail industries.3 It is headquartered in Herzliya.1 Its shares trade on Nasdaq under the symbol NYAX.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

$400.4MRevenue, fiscal 20254
$35.5MNet income, fiscal 20254
2005Founded1

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  • TickerNYAX on Nasdaq1
  • Industryfintech1
  • HeadquartersHerzliya1
  • Founded inIsrael1
  • Websitewww.nayax.com
  • Legal formlimited company1
  • Listed onNasdaq, Tel Aviv Stock Exchange1
  • Incorporated inIsrael5
  • Business address3 Arik Einstein St., Building B, 1 St Fl, Herzliya, L3 46590715
  • Filer categoryLarge accelerated filer5

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Nayax Ltd. is an Israeli fintech company that offers cashless, telemetry, management, monitoring, and business intelligence (BI) products and services for the vending, unattended, and other retail industries.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

48.2%Gross margin4
9.4%Operating margin4
8.9%Net margin4
27.5%Revenue growth, 20254
15.4%Return on equity4
1.36×Debt to equity4
$35.0MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 41% of the revenue Nayax broke down this way in fiscal 2025.

  1. United States$164.6M441%up 34% from 2024
  2. Europe$91.8M423%up 21% from 2024
  3. United Kingdoms$47.0M412%up 21% from 2024
  4. AUMember$31.9M48%up 16% from 2024
  5. Latam$25.3M46%up 85% from 2024
  6. Israel$22.3M46%up 31% from 2024
  7. Rest of World$17.5M44%down 3% from 2024
Regions by year
Regions202320242025
United States$83.5M$123.0M$164.6M
Europe$72.9M$76.0M$91.8M
United Kingdoms$26.4M$38.7M$47.0M
AUMember$22.5M$27.5M$31.9M
Latam$3.1M$13.7M$25.3M
Israel$13.1M$17.0M$22.3M
Rest of World$14.0M$18.1M$17.5M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue51¢$207.5M
  • Research and development7¢$30.0M
  • Selling, general and admin30¢$121.3M
  • Interest3¢$13.7M
  • Income tax0¢$950.0K
  • Profit9¢$35.5M

Out of $400.4M in revenue.4

Where each dollar of operating cash went, fiscal 2025

  • Capital spending13¢$5.3M
  • Kept or used elsewhere87¢$35.0M

Out of $40.3M of cash from operations.4

Financial statements

Revenue6784$400.4M in 2025+408% since 2020
0$200.0M$400.0M$600.0M2020: $78.8M$78.8M20202021: $119.1M$119.1M2021+51%2022: $173.5M$173.5M2022+46%2023: $235.5M$235.5M2023+36%2024: $314.0M$314.0M2024+33%2025: $400.4M$400.4M2025+28%
Gross profit6784$193.0M in 2025+419% since 2020
0$50.0M$100.0M$150.0M$200.0M2020: $37.2M$37.2M20202021: $48.2M$48.2M2021+30%2022: $60.0M$60.0M2022+25%2023: $88.3M$88.3M2023+47%2024: $141.5M$141.5M2024+60%2025: $193.0M$193.0M2025+36%
Operating income6784$37.6M in 2025
-$40.0M-$20.0M0$20.0M$40.0M2020: -$2.2M-$2.2M20202021: -$22.5M-$22.5M2021+911%2022: -$34.0M-$34.0M2022+51%2023: -$12.4M-$12.4M2023−64%2024: $3.1M$3.1M20242025: $37.6M$37.6M2025+1110%
Net income6784$35.5M in 2025
-$40.0M-$20.0M0$20.0M$40.0M2020: -$6.1M-$6.1M20202021: -$24.8M-$24.8M2021+307%2022: -$37.5M-$37.5M2022+51%2023: -$15.9M-$15.9M2023−58%2024: -$5.6M-$5.6M2024−65%2025: $35.5M$35.5M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2025-12-312024-12-312023-12-31
Revenues$400.4M$314.0M$235.5M
Cost of revenues-$207.5M-$172.5M-$147.2M
Gross Profit$193.0M$141.5M$88.3M
Research and development expenses-$30.0M-$25.4M-$21.9M
Selling, general and administrative expenses-$121.3M-$98.2M-$70.3M
Depreciation and amortization in respect of technology and capitalized development costs-$14.2M-$11.6M-$6.4M
Other income (expenses)$10.3M-$2.0M-$444.0K
Share of losses of equity method investees-$226.0K-$1.3M-$1.6M
Operating Income (Loss)$37.6M$3.1M-$12.4M
Financial Income$10.7M$3.4M$2.5M
Financial Expense-$13.7M-$10.9M-$4.8M
Profit (loss) before taxes on income$34.6M-$4.4M-$14.7M
Tax benefits (expenses)$950.0K-$1.2M-$1.2M
Profit (loss) for the period$35.5M-$5.6M-$15.9M
Basic earnings (loss) per share$0.96-$0.16-$0.48
Diluted earnings (loss) per share$0.94-$0.16-$0.48

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Corporate structure

Nayax sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Nayax

  • Nayax Herzliya

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Nayax reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$20.4M4 Dec 31, 2025$11.1M4 Dec 31, 2024+83.2%
Operating-lease assets (leased space)$8.9M4 Dec 31, 2025$6.3M4 Dec 31, 2024+41.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$319.5M4 Dec 31, 2025$83.1M4 Dec 31, 2024+284.4%

Inventory

ItemLatestA year beforeChange
Inventory, total$28.6M4 Dec 31, 2025$19.8M4 Dec 31, 2024+44.6%

Leadership

Who has led Nayax, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Carly Lisanne Furman2026–now
  2. Yair Nechmad2026–now

Chair

  1. Yair Nechmad2026–now

President

  1. Keren Sharir2026–now

Chief financial officer

  1. Sagit Manor2026–now

Chief operating officer

  1. Yaron Aharon2026–now
2010201520202025
Board members and other officers (14)

Timeline

  1. Mar 16, 2026New chief executive Yair Nechmad becomes CEO10
  2. Mar 16, 2026New chief executive Carly Lisanne Furman becomes CEO9
  3. 2005Founded Founded in Israel1

Calendar

Coming up

  1. Nov 18, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.09 a share, on Nov 19, 2025.27

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

244 filings to the SEC since October 2021: 5 annual reports, 85 insider forms, 12 large holders, 142 other. The latest 20:

  1. Oct 2, 20264 PRIMARY DOCUMENT EDGAR
  2. Oct 1, 20266-K EDGAR
  3. Sep 30, 20264 PRIMARY DOCUMENT EDGAR
  4. Sep 29, 20264/A PRIMARY DOCUMENT EDGAR
  5. Sep 29, 20264 PRIMARY DOCUMENT EDGAR
  6. Sep 29, 20264 PRIMARY DOCUMENT EDGAR
  7. Sep 29, 20264 PRIMARY DOCUMENT EDGAR
  8. Sep 29, 20264 PRIMARY DOCUMENT EDGAR
  9. Sep 29, 20264 PRIMARY DOCUMENT EDGAR
  10. Sep 29, 20264 PRIMARY DOCUMENT EDGAR
  11. Sep 24, 20264 PRIMARY DOCUMENT EDGAR
  12. Sep 24, 20264 PRIMARY DOCUMENT EDGAR
  13. Sep 22, 20264 PRIMARY DOCUMENT EDGAR
  14. Sep 17, 20264 PRIMARY DOCUMENT EDGAR
  15. Sep 16, 2026SCHEDULE 13G/A EDGAR
  16. Sep 9, 20264 PRIMARY DOCUMENT EDGAR
  17. Sep 8, 20264 PRIMARY DOCUMENT EDGAR
  18. Sep 8, 20264 PRIMARY DOCUMENT EDGAR
  19. Sep 8, 20264 PRIMARY DOCUMENT EDGAR
  20. Sep 8, 20264 PRIMARY DOCUMENT EDGAR

The 244 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

64 open-market trades by officers, directors and large owners since October 2021: 10 buys and 54 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 29, 2026Nechmad YairCEO, Co Founder & ChairmanBuy22,789$44.79$1.0MForm 4
Sep 28, 2026Nechmad YairCEO, Co Founder & ChairmanBuy24,146$45.01$1.1MForm 4
Sep 28, 2026Manor SagitCFOSale293$44.80$13.1KForm 4
Sep 28, 2026Tepper OrenCROSale131$44.63$5.8KForm 4
Sep 28, 2026Sever MichalCMOSale35$44.63$1.6KForm 4
Sep 28, 2026Zafrani EdenCHROSale200$44.63$8.9KForm 4
Sep 28, 2026Furman Carly LisanneCEO NAYX North AmericaSale219$45.01$9.9KForm 4
Sep 28, 2026Greenberg Aaron SamuelCSOSale54$44.63$2.4KForm 4
Sep 24, 2026Ben-Avi DavidCTO and Co FounderBuy600$43.71$26.2KForm 4
Sep 24, 2026Nechmad YairCEO, Co Founder & ChairmanBuy104,511$44.09$4.6MForm 4
Sep 24, 2026Ben-Avi DavidCTO and Co FounderBuy100$42.09$4.2KForm 4
Sep 23, 2026Ben-Avi DavidCTO and Co FounderBuy700$43.07$30.1KForm 4
Sep 23, 2026Ben-Avi DavidCTO and Co FounderBuy700$43.07$30.1KForm 4
Sep 22, 2026Ben-Avi DavidCTO and Co FounderBuy1,554$43.18$67.1KForm 4
Sep 22, 2026Ben-Avi DavidCTO and Co FounderBuy1,554$43.18$67.1KForm 4
Sep 17, 2026Ben-Avi DavidCTO and Co FounderBuy1,014$42.91$43.5KForm 4
Sep 16, 2026Omer GalCLOSale1,500$45.17$67.8KForm 4
Sep 8, 2026Tepper OrenCROSale65$51.81$3.4KForm 4
Sep 4, 2026Greenberg Aaron SamuelCSOSale77$52.31$4.0KForm 4
Sep 4, 2026Furman Carly LisanneCEO NAYX North AmericaSale96$52.31$5.0KForm 4

All 64 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Nayax is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARNayax Ltd.2
  • CIK0001901279
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company32
  • Incorporated inIsrael32
  • Fiscal year endsDecember 312
  • Industry code (SIC)7372 Services-Prepackaged Software2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address3 Arik Einstein St., Building B, 1 St Fl, Herzliya, L3 46590712
  • Phone972 3 769 43802
  • Shares outstanding37,301,367 shares as of Dec 31, 202532
  • AuditorKesselman & Kesselman, Tel Aviv, Israel PCAOB ID 1309; no auditor attestation of internal control over financial reporting32
  • On EDGAR sinceMar 2, 20222
  • Filings244 in all: 6-K (74), 4 (62), 144 (37), 3 (18), UPLOAD (6), 20-F (4), DRSLTR (4), SC 13G/A (4)2
    All 28 form types

    SCHEDULE 13G/A (4), 144/A (3), 3/A (3), CORRESP (3), SCHEDULE 13G (3), 4/A (2), 424B5 (2), S-8 (2), SD (2), 20-F/A (1), 20FR12B (1), 20FR12B/A (1), 6-K/A (1), CERT (1), DRS (1), DRS/A (1), EFFECT (1), F-3 (1), SC 13G (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (20-F) Mar 9, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary sharesNYAXNasdaq

From the cover page of the 20-F filed Mar 9, 2026 (Section 12(b) of the Exchange Act).32

Sources

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