Filing Flows › Paymentus Holdings (PAY) › Q2 2026
Paymentus Holdings (PAY) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Paymentus Holdings (PAY) reported revenue of $361M for the second quarter 2026 (Q2 2026), +29% from a year earlier and +0.6% from the quarter before. Operating margin was 9.0%, net earnings $25.6M (7.1% of revenue).
Paymentus Holdings, Q2 2026: revenue $361M (+29% year over year), operating margin 9.0%, net earnings $25.6M, operating cash flow $48.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $361M | +0.6% | +29% |
| Gross profit | $94.3M | +9% | +32% |
| Operating profit | $32.6M | +23% | +105% |
| Net earnings | $25.6M | +22% | +74% |
| Operating cash flow | $48.9M | +60% | +55% |
| Free cash flow | $39.0M | — | +74% |
What changed
Revenue was $360.7M in Q2 2026, up 29% year over year and up 1% from the previous quarter. Payment Transaction Processing Revenue was the largest line at 99% of revenue. Payment Transaction Processing Revenue added $79.7M year over year (up 29%), 99% of the total change.
Gross margin was 26.1%, up 0.6 points from Q2 2025. Operating profit was $32.6M, a 9.0% margin (up 3.4 points year over year). Of the extra revenue versus Q2 2025, 21% reached operating profit, above the 6% margin then. Operating expenses grew 11% against revenue growth of 29%. The fastest-growing cost line was General & admin (+24%). Net earnings were $25.6M, up 74% year over year. The effective tax rate was 28.3%.
Operating cash flow was $48.9M (up 55% year over year), 191% of net earnings. Non-cash charges added back $9.4M of depreciation and amortization and $6.5M of share-based compensation. Working capital and other items added $7.4M. After capitalized internal-use software development costs ($9.7M) and purchases of property and equipment ($113K), free cash flow as the company reports it was $39.0M.
Questions
What was Paymentus Holdings' revenue in the second quarter 2026?
Paymentus Holdings (PAY) reported revenue of $361M for the second quarter 2026 (Q2 2026), +29% from a year earlier and +0.6% from the quarter before.
Was Paymentus Holdings profitable in the second quarter 2026?
Operating profit was $32.6M (9.0% of revenue) and net earnings $25.6M.
Source: Paymentus Holdings 10-Q on SEC EDGAR.