Paymentus Holdings, Inc.(PAY)— Stock Profile, AI Score & Financials
Industrials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Paymentus Holdings, Inc. (PAY) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores PAY at 69.6/100 on a 32-signal composite quality model, placing it at rank #255 of 2,960 stocks — the top 10% of the AI-ranked universe. PAY scores in the top quartile across revenue growth (91.8), balance sheet strength (89.9). Shareholder dilution risk is elevated at 45.4/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Paymentus Holdings, Inc. reports quarterly revenue of $360.7M, net income of $25.6M, an operating margin of 9.0%. Top institutional holders of PAY by reported 13-F value include Capital International Investors, WASATCH ADVISORS, BlackRock, based on the most recent SEC filings. PAY trades on the NYSE exchange and files with the SEC under CIK 1841156. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PAY daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Paymentus Holdings, Inc. directly from SEC EDGAR.
AI Quality Score
69.6/100
AI Rank
#255
Revenue
$360.7M
Net Income
$25.6M
Free Cash Flow
$48.7M
Operating Margin
9.0%
PAY key financials by period
Paymentus Holdings, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$1.2B
$66.9M
6.3%
FY 2024
10-K
$871.7M
$44.2M
5.1%
FY 2023
10-K
$614.5M
$22.3M
2.9%
FY 2022
10-K
$497.0M
$-513.0K
-0.6%
FY 2021
10-K
$395.5M
$9.3M
2.6%
FY 2020
10-K
$301.8M
$13.7M
6.1%
Institutions holding PAY
Institutional investors reporting a position in Paymentus Holdings, Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-04 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Paymentus grew Q2 revenue 28.8% YoY to $360.7M on 21.4% higher transaction volume, with net income up 73.8% to $25.6M as operating leverage drove income from operations up 104.9%.
Biggest Revenue Drivers
Payment transaction processing revenue$357.8M
Increase primarily driven by higher number of transactions processed, from new biller implementations and increased transactions from existing billers.
Other revenue$2.9M
Biggest Revenue Drivers
Total revenue: $360.7M+28.8% YoY
Payment transaction processing revenue$357.8M
Increase primarily driven by higher number of transactions processed, from new biller implementations and increased transactions from existing billers.
Other revenue$2.9M
Largest Expense Items
Cost of revenue$266.4M+27.7% YoY
Increase corresponds with higher revenue and transaction volumes; consists primarily of interchange fees and processor costs.
Sales and marketing$33.0M+11.6% YoY
Driven by higher agency and sales commission costs and higher employee-related costs, partially offset by lower amortization.
General and administrative$13.3M+24.4% YoY
Driven by higher stock-based compensation, employee-related costs, lease expense and insurance premiums, partly offset by lower legal fees.
Research and development$15.3M+0.6% YoY
Remained relatively consistent; higher employee-related costs largely offset by lower amortization and stock-based compensation expense.
Margins: Gross margin rose to 26.1% from 25.5% YoY as economies of scale more than offset a mix shift toward lower-margin high-volume enterprise billers; operating margin expanded to 9.0% from 5.7%.
Watch Items from the Filing
One reseller accounted for more than 10% of accounts receivable as of June 30, 2026, indicating customer/channel concentration risk.
Effective tax rate jumped to 28.3% from 19.9% YoY, primarily due to increased executive stock-based compensation and fewer excess tax benefits versus 2025.
Adjusted EBITDA grew 54.0% YoY to $48.8M, outpacing revenue growth of 28.8%, reflecting operating leverage as certain costs stayed largely fixed.
Remaining performance obligations totaled only $7.2 million as of June 30, 2026, a small disclosed backlog relative to quarterly revenue.
US revenue was $354.8M versus $5.9M from other geographies in the quarter, showing heavy concentration in the US market.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
