Filing Flows › Paymentus Holdings (PAY) › How it makes money
How Paymentus Holdings (PAY) makes money
Paymentus Holdings (PAY) made $372M of revenue in the third quarter 2026 (Q3 2026), +20% from a year earlier. Payment Transaction Processing Revenue brought in $370M (99%); Other brought in $2.4M (1%). Of every dollar of revenue, 25¢ was left as gross profit, 9¢ was left as operating profit, 7¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Payment Transaction Processing Revenue | $370M | 99.3% | +3% | +20% |
| Other | $2.4M | 0.7% | -17% | +25% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $372M | 100.0% |
| Cost of revenue | $278M | 74.8% |
| Gross profit | $93.8M | 25.2% |
| Operating expenses | $60.3M | 16.2% |
| Operating profit | $33.5M | 9.0% |
| Income tax | $9.4M | 2.5% |
| Net earnings | $27.5M | 7.4% |
| Operating cash flow | $43.6M | 11.7% |
| Free cash flow | $34.0M | 9.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $372M | +20% |
| Q2 2026 | $361M | +29% |
| Q1 2026 | $358M | +30% |
| Q4 2025 | $330M | +28% |
| Q3 2025 | $311M | +34% |
| Q2 2025 | $280M | +42% |
| Q1 2025 | $275M | +49% |
From Paymentus Holdings' 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does Paymentus Holdings make money?
Paymentus Holdings (PAY) made $372M of revenue in the third quarter 2026 (Q3 2026), +20% from a year earlier. Payment Transaction Processing Revenue brought in $370M (99%); Other brought in $2.4M (1%). Of every dollar of revenue, 25¢ was left as gross profit, 9¢ was left as operating profit, 7¢ was left as net earnings.
What is Paymentus Holdings' biggest business?
Payment Transaction Processing Revenue: $370M in the third quarter 2026, 99% of revenue, +20% from a year earlier.
What is Paymentus Holdings' profit margin?
Net earnings were $27.5M, 7.4% of revenue, in the third quarter 2026; the operating margin was 9.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.