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Cass Information Systems (CASS) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 4, 2026 · Cass Information Systems (CASS) Q3 2026 earnings results →
Q3 2026 Revenue up 5% year over year to $52.7M · 20¢ of every $1 of revenue kept as net profit · operating margin 24.5%
Cass Information Systems made $52.7M in Q3 2026 (+5% Y/Y): Information services payment and processing revenue $27.5M, Other revenues $24.8M, Bank service fees $377K. Operating margin 24.5%, net earnings $10.6M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.
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What changed this quarter
Revenue was $52.7M in Q3 2026, up 5% year over year and up 6% from the previous quarter. Processing fees was the largest line at 30% of revenue. Financial fees added $1.2M year over year (up 12%), 46% of the total change. Processing fees declined 5%.
Operating profit was $12.9M, a 24.5% margin (up 1.5 points year over year). Of the extra revenue versus Q3 2025, 53% reached operating profit, above the 23% margin then. Total costs grew 3% against revenue growth of 5%. Net earnings were $10.6M, up 16% year over year. The effective tax rate was 18.2%.
Operating cash flow was $4.3M (down 65% year over year), 41% of net earnings. Non-cash charges added back $2.0M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $9.3M. Capital expenditures of $1.7M left free cash flow of $2.7M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 4, 2026 | $52.7M | +5% | 24.5% | $10.6M | $4.3M |
| Q2 2026 | 10-Q | Aug 5, 2026 | $49.9M | +12% | 26.4% | $10.6M | $16.9M |
| Q1 2026 | 10-Q | May 5, 2026 | $49.1M | +6% | 22.4% | $8.8M | $14.5M |
| Q4 2025 | 10-K | Mar 6, 2026 | $49.9M | +9% | 20.0% | $8.2M | $4.8M |
| Q3 2025 | 10-Q | Nov 4, 2025 | $50.1M | +8% | 23.0% | $9.1M | $12.3M |
| Q2 2025 | 10-Q | Aug 5, 2025 | $44.4M | +1% | 22.5% | $8.9M | −$1.3M |
| Q1 2025 | 10-Q | May 7, 2025 | $46.4M | +3% | 24.3% | $9.0M | $21.6M |
Charts
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🔄Rotation against the market and its industry (RRG)interactive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Cass Information Systems
Cass Information Systems, Inc. (“Cass” or the “Company”) provides payment and information processing services to large manufacturing, distribution and retail enterprises across the United States. The Company’s services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. Cass also processes and pays facility-related invoices, which include electricity and gas as well as waste and telecommunications expenses. Cass solutions include integrated payments, a B2B payment platform for clients that require an agile fintech partner. Additionally, the Company offers a church management software solution and an on-line platform to provide generosity services for faith-based and non-profit organizations. The Company’s bank subsidiary, Cass Commercial Bank (the “Bank”), supports the Company’s payment operations.
In its own words, from its 10-K, filed Mar 6, 2026.
Cass Information Systems against its Services-Business Services, NEC peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +5% against the peers' median +10%. Operating margin: 24.5% against the peers' median 15.3%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| CASS Cass Information Systems | Q3 2026 | $52.7M | +5% | 24.5% |
| ACN Accenture | Q4 FY26 | $18.7B | +6% | 15.3% |
| UBER Uber Technologies | Q3 2026 | $14.8B | +10% | 9.8% |
| V Visa | Q4 FY26 | $12.1B | +13% | 59.8% |
| MELI MercadoLibre | Q3 2026 | $10.8B | +45% | 6.3% |
| MA Mastercard | Q3 2026 | $9.8B | +14% | 59.8% |
| PYPL PayPal Holdings | Q3 2026 | $8.6B | +2% | 16.3% |
| FISV Fiserv | Q3 2026 | $5.2B | -1% | -105.7% |
| DASH DoorDash | Q3 2026 | $4.6B | +34% | 9.6% |
Source: Cass Information Systems 10-Q on SEC EDGAR · CIK 708781 · Services-Business Services, NEC
Guidance and outlook
13F: who owns CASS and who is buying
More on CASS
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Cass Information Systems operating margin by quarter
- Cass Information Systems net income by quarter
- Cass Information Systems free cash flow by quarter
- Cass Information Systems capital expenditures by quarter
- Cass Information Systems Information services payment and processing revenue revenue by quarter
- Cass Information Systems Bank service fees revenue by quarter