Filing Flows › Priority Technology Holdings (PRTH) › Q1 2026
Priority Technology Holdings (PRTH) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Priority Technology Holdings (PRTH) reported revenue of $250M for the first quarter 2026 (Q1 2026), +11% from a year earlier and +1% from the quarter before. Operating margin was 13.4%, net earnings $9.8M (3.9% of revenue).
Priority Technology Holdings, Q1 2026: revenue $250M (+11% year over year), operating margin 13.4%, net earnings $9.8M, operating cash flow $23.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $250M | +1% | +11% |
| Operating profit | $33.4M | -0.3% | +2% |
| Net earnings | $9.8M | +9% | +18% |
| Operating cash flow | $23.8M | -35% | +139% |
| Free cash flow | $18.3M | -41% | +277% |
What changed
Revenue was $249.6M in Q1 2026, up 11% year over year and up 1% from the previous quarter. Merchant Card Fees was the largest line at 75% of revenue. Merchant Card Fees added $18.9M year over year (up 11%), 76% of the total change. Equipment declined 34%.
Operating profit was $33.4M, a 13.4% margin (down 1.1 points year over year). Of the extra revenue versus Q1 2025, 3% reached operating profit, below the 15% margin then. Total costs grew 13% against revenue growth of 11%. The fastest-growing cost line was SG&A (+27%). Net earnings were $9.8M, up 18% year over year. The effective tax rate was 27.2%.
Operating cash flow was $23.8M (up 139% year over year), 244% of net earnings. Non-cash charges added back $17.6M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $5.6M. Capital expenditures of $5.5M left free cash flow of $18.3M.
Questions
What was Priority Technology Holdings' revenue in the first quarter 2026?
Priority Technology Holdings (PRTH) reported revenue of $250M for the first quarter 2026 (Q1 2026), +11% from a year earlier and +1% from the quarter before.
Was Priority Technology Holdings profitable in the first quarter 2026?
Operating profit was $33.4M (13.4% of revenue) and net earnings $9.8M.