Paymentus Holdings Inc Financials
Paymentus Holdings Inc (PAY) reported $1.2B in revenue for fiscal year 2025, up 37.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Paymentus is scaling an asset-light transaction model: gross margin compresses even as operating margin and cash generation expand.
Across the last three annual periods, gross margin slid by about 5 points while operating margin more than doubled to6.3% , a pattern that fits fixed-cost absorption rather than richer unit economics. In FY2025, operating cash flow of$162.1M was well above net income of$66.9M , showing that the same scale benefits are arriving in cash, not only in accounting earnings.
The model is becoming more efficient above gross profit: revenue crossed
The balance sheet gives the company substantial flexibility: cash reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Paymentus Holdings Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Paymentus Holdings Inc has an operating margin of 6.3%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 52/100, indicating healthy but not exceptional operating efficiency. This is up from 5.1% the prior year.
Paymentus Holdings Inc's revenue surged 37.3% year-over-year to $1.2B, reflecting rapid business expansion. This strong growth earns a score of 92/100.
Paymentus Holdings Inc carries a low D/E ratio of 0.19, meaning only $0.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 75/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 4.46, Paymentus Holdings Inc holds $4.46 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 88/100.
Paymentus Holdings Inc converts 13.5% of revenue into free cash flow ($161.8M). This strong cash generation earns a score of 70/100.
Paymentus Holdings Inc's ROE of 11.9% shows moderate profitability relative to equity, earning a score of 59/100. This is up from 9.1% the prior year.
Paymentus Holdings Inc scores 31.24, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($5.0B) relative to total liabilities ($107.5M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Paymentus Holdings Inc passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Paymentus Holdings Inc generates $2.42 in operating cash flow ($162.1M OCF vs $66.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Paymentus Holdings Inc generated $1.2B in revenue in fiscal year 2025. This represents an increase of 37.3% from the prior year.
Paymentus Holdings Inc's EBITDA was $116.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 43.3% from the prior year.
Paymentus Holdings Inc reported $66.9M in net income in fiscal year 2025. This represents an increase of 51.4% from the prior year.
Paymentus Holdings Inc earned $0.52 per diluted share (EPS) in fiscal year 2025. This represents an increase of 48.6% from the prior year.
Cash & Balance Sheet
Paymentus Holdings Inc generated $161.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 156.1% from the prior year.
Paymentus Holdings Inc held $320.9M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Paymentus Holdings Inc's gross margin was 24.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.5 percentage points from the prior year.
Paymentus Holdings Inc's operating margin was 6.3% in fiscal year 2025, reflecting core business profitability. This is up 1.2 percentage points from the prior year.
Paymentus Holdings Inc's net profit margin was 5.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.5 percentage points from the prior year.
Paymentus Holdings Inc's ROE was 11.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.8 percentage points from the prior year.
Capital Allocation
Paymentus Holdings Inc invested $61.5M in research and development in fiscal year 2025. This represents an increase of 19.8% from the prior year.
Paymentus Holdings Inc invested $361K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 21.0% from the prior year.
Not reported for fiscal year 2025.
PAY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.2B+37.3% | $871.7M+41.9% | $614.5M+23.6% | $497.0M+25.7% | $395.5M+31.1% | $301.8M+28.0% | $235.8M |
| Cost of Revenue | $1.0B | $900.2M+42.1% | $633.6M+46.6% | $432.1M+24.4% | $347.3M+26.7% | $274.1M+31.1% | $209.1M+29.6% | $161.3M |
| Gross Profit | $339.4M | $296.3M+24.4% | $238.2M+30.6% | $182.3M+21.8% | $149.7M+23.3% | $121.4M+31.0% | $92.6M+24.4% | $74.4M |
| R&D Expenses | $62.8M | $61.5M+19.8% | $51.3M+16.0% | $44.2M+7.3% | $41.2M+20.8% | $34.1M+39.2% | $24.5M+37.2% | $17.9M |
| SG&A Expenses | $54.0M | $47.4M+28.4% | $36.9M+2.6% | $36.0M-5.6% | $38.1M+15.7% | $33.0M+84.7% | $17.8M+74.8% | $10.2M |
| Operating Income | $103.1M | $75.5M+68.4% | $44.9M+147.9% | $18.1M+708.0% | -$3.0M-128.7% | $10.4M-43.7% | $18.4M+0.3% | $18.4M |
| Income Tax | $29.0M | $18.3M+87.6% | $9.8M+248.9% | $2.8M+452.5% | -$795K-174.6% | $1.1M-77.1% | $4.7M-2.7% | $4.8M |
| Net Income | $84.8M | $66.9M+51.4% | $44.2M+98.2% | $22.3M+4447.0% | -$513K-105.5% | $9.3M-32.2% | $13.7M+0.1% | $13.7M |
| EPS (Diluted) | — | $0.52+48.6% | $0.35+94.4% | $0.18 | $0.00-100.0% | $0.06-25.0% | $0.080.0% | $0.08 |
Not reported in any period shown, so not listed: Interest Expense.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
PAY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Total Assets | $667.9M+15.9% | $576.2M+14.1% | $504.9M+9.4% | $461.5M-2.4% | $472.9M+278.7% | $124.9M | N/A |
| Current Assets | $441.3M+27.7% | $345.6M+27.9% | $270.3M+18.1% | $229.0M-10.7% | $256.4M+221.2% | $79.8M | N/A |
| Cash & Equivalents | $320.9M+55.9% | $205.9M+14.8% | $179.4M+21.7% | $147.3M-12.5% | $168.4M+260.8% | $46.7M+70.1% | $27.4M |
| Goodwill | $131.8M0.0% | $131.8M0.0% | $131.9M0.0% | $131.9M+1.9% | $129.4M+880.0% | $13.2M-0.1% | $13.2M |
| Total Liabilities | $107.5M+18.6% | $90.7M+20.5% | $75.2M+16.9% | $64.4M-25.9% | $86.8M+114.4% | $40.5M | N/A |
| Current Liabilities | $98.8M+21.2% | $81.5M+29.9% | $62.8M+21.9% | $51.5M-30.8% | $74.4M+139.2% | $31.1M | N/A |
| Total Equity | $560.4M+15.4% | $485.6M+13.0% | $429.6M+8.2% | $397.2M+2.9% | $386.1M+357.6% | $84.4M+23.0% | $68.6M |
| Retained Earnings | $162.8M+69.8% | $95.9M+85.4% | $51.7M+75.9% | $29.4M-1.7% | $29.9M-45.6% | $55.0M | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Long-Term Debt.
PAY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $159.5M | $162.1M+154.8% | $63.6M-7.5% | $68.8M+246.4% | $19.9M+1.9% | $19.5M-45.3% | $35.6M+103.4% | $17.5M |
| Capital Expenditures | $378K | $361K-21.0% | $457K-23.8% | $600K-52.3% | $1.3M+28.4% | $979K+113.8% | $458K-56.0% | $1.0M |
| Free Cash Flow | $159.1M | $161.8M+156.1% | $63.2M-7.4% | $68.2M+266.6% | $18.6M+0.5% | $18.5M-47.3% | $35.2M+113.5% | $16.5M |
| Investing Cash Flow | -$37.3M | -$36.5M+0.7% | -$36.8M-7.2% | -$34.3M+0.8% | -$34.6M+55.6% | -$77.8M-414.0% | -$15.1M-8.9% | -$13.9M |
| Financing Cash Flow | -$12.3M | -$10.6M-5009.7% | -$207K+82.7% | -$1.2M+96.8% | -$37.3M-117.5% | $213.5M+15820.7% | -$1.4M-58.5% | -$857K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
PAY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 24.8%-2.5pp | 27.3%-2.4pp | 29.7%-0.5pp | 30.1%-0.6pp | 30.7%0.0pp | 30.7%-0.9pp | 31.6% |
| Operating Margin | 6.3%+1.2pp | 5.1%+2.2pp | 2.9%+3.5pp | -0.6%-3.2pp | 2.6%-3.5pp | 6.1%-1.7pp | 7.8% |
| Net Margin | 5.6%+0.5pp | 5.1%+1.4pp | 3.6%+3.7pp | -0.1%-2.5pp | 2.4%-2.2pp | 4.5%-1.3pp | 5.8% |
| Return on Equity | 11.9%+2.8pp | 9.1%+3.9pp | 5.2%+5.3pp | -0.1%-2.5pp | 2.4%-13.8pp | 16.3%-3.7pp | 20.0% |
| Return on Assets | 10.0%+2.3pp | 7.7%+3.3pp | 4.4%+4.5pp | -0.1%-2.1pp | 2.0%-9.0pp | 11.0% | N/A |
| Current Ratio | 4.46+0.2x | 4.24-0.1x | 4.31-0.1x | 4.45+1.0x | 3.45+0.9x | 2.57 | N/A |
| Debt-to-Equity | 0.190.0x | 0.190.0x | 0.180.0x | 0.16-0.1x | 0.22-0.3x | 0.48 | N/A |
| FCF Margin | 13.5%+6.3pp | 7.2%-3.9pp | 11.1%+7.4pp | 3.7%-0.9pp | 4.7%-7.0pp | 11.7%+4.7pp | 7.0% |
Similar Companies
Where Paymentus Holdings Inc Ranks
Frequently Asked Questions
What is Paymentus Holdings Inc's annual revenue?
Paymentus Holdings Inc (PAY) reported $1.2B in total revenue for fiscal year 2025. This represents a 37.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Paymentus Holdings Inc's revenue growing?
Paymentus Holdings Inc (PAY) revenue grew by 37.3% year-over-year, from $871.7M to $1.2B in fiscal year 2025.
Is Paymentus Holdings Inc profitable?
Yes, Paymentus Holdings Inc (PAY) reported a net income of $66.9M in fiscal year 2025, with a net profit margin of 5.6%.
What is Paymentus Holdings Inc's EBITDA?
Paymentus Holdings Inc (PAY) had EBITDA of $116.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Paymentus Holdings Inc's gross margin?
Paymentus Holdings Inc (PAY) had a gross margin of 24.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Paymentus Holdings Inc's operating margin?
Paymentus Holdings Inc (PAY) had an operating margin of 6.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Paymentus Holdings Inc's net profit margin?
Paymentus Holdings Inc (PAY) had a net profit margin of 5.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Paymentus Holdings Inc's return on equity (ROE)?
Paymentus Holdings Inc (PAY) has a return on equity of 11.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Paymentus Holdings Inc's free cash flow?
Paymentus Holdings Inc (PAY) generated $161.8M in free cash flow during fiscal year 2025. This represents a 156.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Paymentus Holdings Inc's operating cash flow?
Paymentus Holdings Inc (PAY) generated $162.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Paymentus Holdings Inc's total assets?
Paymentus Holdings Inc (PAY) had $667.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Paymentus Holdings Inc's capital expenditures?
Paymentus Holdings Inc (PAY) invested $361K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Paymentus Holdings Inc spend on research and development?
Paymentus Holdings Inc (PAY) invested $61.5M in research and development during fiscal year 2025.
What is Paymentus Holdings Inc's current ratio?
Paymentus Holdings Inc (PAY) had a current ratio of 4.46 as of fiscal year 2025, which is generally considered healthy.
What is Paymentus Holdings Inc's debt-to-equity ratio?
Paymentus Holdings Inc (PAY) had a debt-to-equity ratio of 0.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Paymentus Holdings Inc's return on assets (ROA)?
Paymentus Holdings Inc (PAY) had a return on assets of 10.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Paymentus Holdings Inc's Altman Z-Score?
Paymentus Holdings Inc (PAY) has an Altman Z-Score of 31.24, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Paymentus Holdings Inc's Piotroski F-Score?
Paymentus Holdings Inc (PAY) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Paymentus Holdings Inc's earnings high quality?
Paymentus Holdings Inc (PAY) has an earnings quality ratio of 2.42x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Paymentus Holdings Inc?
Paymentus Holdings Inc (PAY) scores 73 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.