PAYS is the ticker symbol for Paysign, Inc., a publicly traded Industrials sector company listed on Nasdaq. 13F Pro tracks PAYS with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is PAYS a good stock to buy?

13F Pro's AI ranking engine scores PAYS at 73.2/100, ranked #131 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for PAYS is available at https://13fpro.ai/company/PAYS. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source PAYS data?

All Paysign, Inc. fundamentals and ownership data come directly from SEC EDGAR. Paysign, Inc. files with the SEC under CIK 1496443. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

Paysign, Inc. PAYS

NasdaqSmall CapIndustrials

13F Pro quality score

Rank #131 of 2,925TOP 5%

Why it scores 73 Industrials peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$28.25M

Quarter to Jun 30

Net income

$6.76M

Quarter to Jun 30

Free cash flow

$1.19M

Quarter to Jun 30

Operating margin

24.8%

Quarter to Jun 30

Top Institutional Holders

as of Q2 2026

$247.77M total

Topline Capital Management, LLC

$37.99M0.0%

BlackRock, Inc.

$25.22M+30.9%

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.

$16.98M+0.7%

VANGUARD CAPITAL MANAGEMENT LLC

$13.08M+7.5%

THOMPSON SIEGEL & WALMSLEY LLC

$11.58M-15.2%

RENAISSANCE TECHNOLOGIES LLC

$8.79M-29.9%

GEODE CAPITAL MANAGEMENT, LLC

$8.57M+26.3%

Palisades Investment Partners, LLC

$8.20M+0.7%

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$7.41M+2413.0%

STATE STREET CORP

$6.91M+30.9%

AWM Investment Company, Inc.

$6.56M+107.5%

DIMENSIONAL FUND ADVISORS LP

$5.94M+26.0%

GOLDMAN SACHS GROUP INC

$5.66M+55.6%

ROYCE & ASSOCIATES LP

$5.05M-20.8%

Kestra Advisory Services, LLC

$5.03MNew

Joule Financial, LLC

$5.03M0.0%

TWO SIGMA INVESTMENTS, LP

$4.62M+5.3%

UBS Group AG

$4.43M+755.2%

Ballast Asset Management, LP

$3.83MNew

JANE STREET GROUP, LLC

$3.28M-5.6%

NEW YORK STATE COMMON RETIREMENT FUND

$3.16M0.0%

VANGUARD PORTFOLIO MANAGEMENT LLC

$2.75M+60.2%

NORTHERN TRUST CORP

$2.72M+33.3%

LOS ANGELES CAPITAL MANAGEMENT LLC

$2.50M+906.8%

JACOBS LEVY EQUITY MANAGEMENT, INC

$2.27M-20.6%

See all 133 institutional holders →

What's Driving PAYS's Business? Latest 10-Q Breakdown

34/34 datapoints verified

AI-extracted from the 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Q2 revenue rose 48.1% to $28.3M as pharma patient affordability revenue nearly doubled to $14.6M, lifting net income to $6.8M from $1.4M.

Biggest Revenue Drivers

Pharma industry$14.6M+88.9% YoY

Financial benefit of 51 net pharma patient affordability programs launched in the prior twelve months and higher management, setup and claim processing fees

Plasma industry$13.0M+21.4% YoY

Increase in plasma donations and dollars loaded to cards as the market returned to normalized growth, offset by 46 net plasma center reductions

Biggest Revenue Drivers

Total revenue: $28.3M+48.1% YoY

Pharma industry$14.6M+88.9% YoY

Financial benefit of 51 net pharma patient affordability programs launched in the prior twelve months and higher management, setup and claim processing fees

Plasma industry$13.0M+21.4% YoY

Increase in plasma donations and dollars loaded to cards as the market returned to normalized growth, offset by 46 net plasma center reductions

Other$562,398-3.1% YoY

Cardholder fees, interchange, program management, load fees, settlement income and breakage

Within Other

Breakage revenue$75,632

Recorded in other revenue, related solely to the open-loop gift card business

Largest Expense Items

Cost of revenues$10.4M+41.4% YoY

Network and related fees up ~$2,241,000, call center support up ~$784,000 and sales commissions up ~$249,000

Selling, general and administrative$8.5M+4.3% YoY

Compensation up ~$573,000 and stock-based compensation up ~$298,000, offset by a $990,000 gain on contingent consideration fair value

Depreciation and amortization$2.3M+10.4% YoY

Amortization of Gamma acquisition intangibles and continued capitalization of software development costs

Margins: Gross margin expanded to 63.3% from 61.6%, driven primarily by a greater contribution of total revenue from the higher-margin pharma patient affordability business; net margin rose to 23.9% from 7.3%.

Watch Items from the Filing

One pharma patient affordability customer represented 36% of accounts receivable at June 30, 2026, up from 31% at December 31, 2025.
Plasma center count fell by 46 net centers over the prior twelve months as customers closed underperforming centers and one customer moved to another payment provider.
Gamma earn-out written to $0 and terminated; actual revenue was materially below the $20.0 million per-tranche thresholds, producing a $990,000 one-time SG&A gain.
Accounts receivable grew to $103.2M, including $88.8M of pass-through claim reimbursements fully offset in accounts payable.
Effective tax rate fell to 14.5% from 32.1% on stock-based compensation discrete benefits, a driver that may not repeat.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →

Key Metrics

Revenue

Q2 2026

EDGAR

Net Income

Q2 2026

EDGAR

EPS (Diluted)

Q2 2026

EDGAR

Operating Margin

Q2 2026

EDGAR

ROIC

Q2 2026

EDGAR

Free Cash Flow

Q2 2026

EDGAR

Debt/Equity

Q2 2026

EDGAR

Financial Trends

Revenue & Net Income

13fpro.ai/company/PAYS

Earnings Per Share

13fpro.ai/company/PAYS

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Paysign, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2025	10-K	$82.0M	$7.6M	9.0%
FY 2024	10-K	$58.4M	$3.8M	1.8%
FY 2023	10-K	$47.3M	$6.5M	-0.4%
FY 2022	10-K	$38.0M	$1.0M	0.9%
FY 2021	10-K	$29.5M	$-2.7M	-9.3%
FY 2020	10-K	$24.1M	$-9.1M	-34.6%

About Paysign, Inc. (PAYS): stock profile, AI score and financials

Paysign, Inc. (PAYS) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores PAYS at 73.2/100 on a composite quality score built from its SEC filings, placing it at rank #131 of 2,925 stocks — the top 5% of the AI-ranked universe. PAYS scores in the top quartile across free cash flow (98.2), revenue growth (90.9), earnings quality (89.0). Areas of concern include revenue scale (16.3), which score below median versus the broader universe. Shareholder dilution risk is elevated at 23.7/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Paysign, Inc. reports quarterly revenue of $28.3M, net income of $6.8M, an operating margin of 24.8%. Top institutional holders of PAYS by reported 13-F value include Topline Capital Management, BlackRock, PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, based on the most recent SEC filings. PAYS trades on the Nasdaq exchange and files with the SEC under CIK 1496443. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PAYS 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 Paysign, Inc. directly from SEC EDGAR.

Financials through the period ended Jun 30, 2026SEC EDGAR: CIK 1496443 →

Paysign, Inc. PAYS

Top Institutional Holders

What's Driving PAYS's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

PAYS key financials by period

PAYS insiders

About Paysign, Inc. (PAYS): stock profile, AI score and financials

Paysign, Inc. PAYS

Top Institutional Holders

What's Driving PAYS's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

PAYS key financials by period

Companies similar to PAYS

PAYS insiders

About Paysign, Inc. (PAYS): stock profile, AI score and financials