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Paymentus Holdings (PAY) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 3, 2026 · Paymentus Holdings (PAY) Q3 2026 earnings results →
Q3 2026 Revenue up 20% year over year to $372M · 7¢ of every $1 of revenue kept as net profit · operating margin 9.0%
Paymentus Holdings made $372M in Q3 2026 (+20% Y/Y): Payment Transaction Processing Revenue $370M, Other $2.4M. Operating margin 9.0%, net earnings $27.5M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 3, 2026.
Drawing the Sankey…
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What changed this quarter
Revenue was $372.2M in Q3 2026, up 20% year over year and up 3% from the previous quarter. Payment Transaction Processing Revenue was the largest line at 99% of revenue. Payment Transaction Processing Revenue added $60.9M year over year (up 20%), 99% of the total change.
Gross margin was 25.2%, up 1.1 points from Q3 2025. Operating profit was $33.5M, a 9.0% margin (up 2.6 points year over year). Of the extra revenue versus Q3 2025, 22% reached operating profit, above the 6% margin then. Operating expenses grew 10% against revenue growth of 20%. The fastest-growing cost line was Sales & marketing (+27%). Net earnings were $27.5M, up 55% year over year. The effective tax rate was 25.4%.
Operating cash flow was $43.6M (up 24% year over year), 159% of net earnings. Non-cash charges added back $9.6M of depreciation and amortization and $6.2M of share-based compensation. After capitalized internal-use software development costs ($9.5M) and purchases of property and equipment ($179K), free cash flow as the company reports it was $34.0M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 3, 2026 | $372M | +20% | 9.0% | $27.5M | $43.6M |
| Q2 2026 | 10-Q | Aug 4, 2026 | $361M | +29% | 9.0% | $25.6M | $48.9M |
| Q1 2026 | 10-Q | May 5, 2026 | $358M | +30% | 7.4% | $20.9M | $30.5M |
| Q4 2025 | 10-K | Feb 24, 2026 | $330M | +28% | 7.3% | $20.7M | $45.1M |
| Q3 2025 | 10-Q | Nov 4, 2025 | $311M | +34% | 6.4% | $17.7M | $35.1M |
| Q2 2025 | 10-Q | Aug 5, 2025 | $280M | +42% | 5.7% | $14.7M | $31.5M |
| Q1 2025 | 10-Q | May 7, 2025 | $275M | +49% | 5.7% | $13.8M | $50.4M |
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Customers and suppliers named in filings
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About Paymentus Holdings
We are a leading provider of cloud-based bill payment technology and solutions. We deliver our next-generation product suite through a modern technology stack to a broad and diverse base of business and financial institution clients. Our platform was used by approximately 53 million consumers and businesses globally in December 2025 to pay their bills, make money movements and engage with our clients. We serve billers of all sizes that primarily provide non-discretionary services across a variety of industry verticals, including utilities, financial services, insurance, government, telecommunications, real estate management, education, consumer finance, healthcare, business to business (B2B) and small business.
In its own words, from its 10-K, filed Feb 24, 2026.
Paymentus Holdings against its Services-Business Services, NEC peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +20% against the peers' median +13%. Operating margin: 9.0% against the peers' median 9.8%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| PAY Paymentus Holdings | Q3 2026 | $372M | +20% | 9.0% |
| 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: Paymentus Holdings 10-Q on SEC EDGAR · CIK 1841156 · Services-Business Services, NEC
13F: who owns PAY and who is buying
More on PAY
- How Paymentus Holdings makes money: revenue by segment
- Paymentus Holdings next earnings date and what analysts expect
- Paymentus Holdings stock forecast, price target and fair value
- Who owns Paymentus Holdings stock: holders, funds and Congress trades
- Paymentus Holdings guidance and outlook
- Is Paymentus Holdings a takeover target? LBO and rumors
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results