Filing Flows › Paysign (PAYS) › Q2 2026
Paysign (PAYS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Paysign (PAYS) reported revenue of $28.3M for the second quarter 2026 (Q2 2026), +48% from a year earlier and +0.8% from the quarter before. Operating margin was 24.8%, net earnings $6.8M (23.9% of revenue).
Paysign, Q2 2026: revenue $28.3M (+48% year over year), operating margin 24.8%, net earnings $6.8M, operating cash flow $1.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.3M | +0.8% | +48% |
| Gross profit | $17.9M | -2% | +52% |
| Operating profit | $7.0M | +5% | +388% |
| Net earnings | $6.8M | +24% | +387% |
| Operating cash flow | $1.3M | -93% | -64% |
| Free cash flow | $1.2M | -94% | -66% |
What changed
Revenue was $28.3M in Q2 2026, up 48% year over year and up 1% from the previous quarter. Pharma Industry was the largest line at 52% of revenue. Pharma Industry added $6.9M year over year (up 89%), 75% of the total change. Other Revenue declined 3%.
Gross margin was 63.3%, up 1.7 points from Q2 2025. Operating profit was $7.0M, a 24.8% margin (up 17.3 points year over year). Of the extra revenue versus Q2 2025, 61% reached operating profit, above the 8% margin then. Operating expenses grew 6% against revenue growth of 48%. The fastest-growing cost line was Other operating costs (+10%). Net earnings were $6.8M, up 387% year over year. The effective tax rate was 14.5%.
Operating cash flow was $1.3M (down 64% year over year), 19% of net earnings. Non-cash charges added back $2.3M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items used $9.1M. Capital expenditures of $103K left free cash flow of $1.2M.
Questions
What was Paysign's revenue in the second quarter 2026?
Paysign (PAYS) reported revenue of $28.3M for the second quarter 2026 (Q2 2026), +48% from a year earlier and +0.8% from the quarter before.
Was Paysign profitable in the second quarter 2026?
Operating profit was $7.0M (24.8% of revenue) and net earnings $6.8M.
Source: Paysign 10-Q on SEC EDGAR.