Paymentus Holdings, Inc. (PAY) Earnings
Paymentus Holdings, Inc. is expected to report next earnings on August 3, 2026 (in NaN days), with a consensus EPS estimate of $0.20. PAY has beaten EPS estimates in 9 of its last 11 reported quarters (average surprise +13.5% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 4, 2026 | $0.17 | $0.21 | +23.5% | $358M | +6.9% |
| Feb 23, 2026 | $0.18 | $0.16 | -11.2% | $330M | +5.3% |
| Mar 10, 2025 | $0.12 | $0.13 | +8.3% | $258M | +2.7% |
| Aug 8, 2024 | $0.09 | $0.12 | +33.3% | $197M | +3.6% |
| Mar 4, 2024 | $0.06 | $0.11 | +83.3% | $165M | -9.0% |
| Feb 23, 2023 | $0.00 | $0.02 | +400.0% | $132M | +2.0% |
| Nov 9, 2022 | $0.00 | $0.01 | +713.0% | $128M | +5.7% |
| Aug 3, 2022 | $-0.01 | $-0.02 | -133.2% | $120M | +1.8% |
| May 4, 2022 | $0.01 | $0.03 | +255.9% | $117M | +2.1% |
| Feb 16, 2022 | $0.01 | $0.02 | +185.7% | $108M | +2.6% |
| Aug 10, 2021 | $0.01 | $0.02 | +40.8% | $93M | +5.1% |
| May 26, 2021 | — | $0.03 | — | $82M | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 4, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Tremendous start of 2026 with record revenue and strong growth exceeding CAGR model across key metrics. - Announced an important product launch transforming service provider-customer interaction. - Continued strong momentum in first quarter with robust bookings, diversified customer base, and better-than-expected seasonal performance. - Discussed drivers of outperformance including launch of new billers, increased transactions, and improved average revenue per transaction. - Mentioned expansion of market share without sacrificing contribution profit per transaction. - Talked about non-GAAP operating expenses increase due to higher sales and marketing expenses as a positive leading indicator for business.
Guidance
For Q2 26, expected revenues in range of $340 to $350 million, contribution profit $108 to $111 million, adjusted EBITDA $38 to $40 million. For full year 2026, expected revenue 1.425 billion to 1.44 billion, up from previous guidance midpoint; contribution profit 450 to 457 million, up from previous midpoint; adjusted EBITDA 165 to $172 million, up from previous midpoint. Non-GAAP tax rate of 25%. Rule of 40 basis for second quarter 2026 implies range 51 to 55, full year 2026 range 53 to 56.
Segment performance
First quarter revenue was $358.4 million, up 30.2% year over year. Contribution profit was $109.7 million, up 25.2% year over year. Adjusted EBITDA was $42.4 million, up 41.5% year over year with a 38.7% margin. Revenue contribution from various verticals like utilities, insurance, telecommunications, etc. was mentioned with strong growth across multiple metrics.
Analyst Q&A
Q: On new AI product announcements, details on economics and near-term impact on gross/contribution dollars per transaction and longer-term revenue opportunities.
A: Pay-per-use and success-based pricing model remains, with aim to convert interchange expense into revenue, near term no significant impact, longer term Bill Wallet and Billio play role.
Q: On free cash flow, why it was down year over year and expectations for full year.
A: Working capital flip caused short-term difference, working capital in good shape, bullish on full year free cash flow.
Q: On economics of wallet, combination of float revenue, debit interchange, etc.
A: Part of strategy, Bill Wallet is IP-native, working towards converting interchange expense into revenue.
Q: On Q2 guidance seasonality and energy prices impact.
A: Q2 guidance prudent due to seasonality and large enterprise onboarding, energy prices impact modest due to vertical diversification and pricing strategy.
Q: On pipeline and full-year guidance raise.
A: Prudent guidance due to creating long-term shareholder value, business good with strong pipeline and bookings.
Q: On new products changing competition and utilities vertical.
A: Market moving in direction, utilities remains key vertical.
Q: On Bill Wallet distribution and utilities vertical percentage.
A: Bill Wallet allows service providers direct relationship with customers, utilities vertical percentage less than 50% now.
Q: On acquisition of CUBRA by REPAY and competitive dynamics.
A: Market moving in direction, excited about business, no concerns from that perspective