Filing Flows › Repay Holdings (RPAY) › Q1 2026
Repay Holdings (RPAY) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
Repay Holdings (RPAY) reported revenue of $80.8M for the first quarter 2026 (Q1 2026), +4% from a year earlier and +3% from the quarter before. Operating margin was 0.0%, net loss $10.0M (12.4% of revenue).
Repay Holdings, Q1 2026: revenue $80.8M (+4% year over year), operating margin 0.0%, net loss $10.0M, operating cash flow $16.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $80.8M | +3% | +4% |
| Operating profit | −$7K | — | — |
| Net earnings | −$10.0M | — | — |
| Operating cash flow | $16.8M | -28% | +572% |
| Free cash flow | $5.4M | — | — |
What changed
Revenue was $80.8M in Q1 2026, up 4% year over year and up 3% from the previous quarter.
Gross margin was 76.1%, up 0.2 points from Q1 2025. Operating costs exceeded revenue by $7K, an operating margin of 0.0%. Operating expenses fell 1% while revenue rose 4%. The quarter ended with a net loss of $10.0M, narrower than the previous quarter's $148.3M loss. Minority interests bore $94K of it: to shareholders the quarter was a loss of $9.9M. Net interest and other expense of $8.0M was the main reason.
Operating cash flow was $16.8M (up 572% year over year). Non-cash charges added back $25.5M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $3.7M. After capitalized software development costs ($11.3M) and cash paid for property and equipment ($122K), free cash flow as the company reports it was $5.4M.
Questions
What was Repay Holdings' revenue in the first quarter 2026?
Repay Holdings (RPAY) reported revenue of $80.8M for the first quarter 2026 (Q1 2026), +4% from a year earlier and +3% from the quarter before.
Was Repay Holdings profitable in the first quarter 2026?
Operating loss was $7K (0.0% of revenue) and net loss $10.0M.
Source: Repay Holdings 10-Q on SEC EDGAR.