PAYNYSEServices-Business Services, NECFiscal year ends December 31
Paymentus Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$31.44−0.10 (-0.32%)
Close on Oct 19, 2026
- Market cap
- $4.06B
- P/E (TTM)
- 47.6
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
24.8%−5.9 pts over 5 years
Operating margin
6.3%+0.2 pts over 5 years
Net margin
5.6%+1.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +37.3% | +34.0% | +31.7% | – | |
| Gross profit | +24.4% | +25.6% | +26.2% | – | |
| Operating income | +68.4% | – | +32.6% | – | |
| Net income | +51.5% | – | +37.3% | – | |
| EPS, diluted | +48.6% | – | +45.4% | – | |
| Free cash flow | +156.1% | +105.6% | +35.7% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 17.9% | 12.8% | |
| Return on assets | – | – | 10.8% | |
| Current ratio | – | 2.57 | 4.46 | |
| Capex to revenue | – | 0.2% | 0.0% | |
| Diluted shares | – | 106M | 129M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Paymentus generated $333.95M from operations and spent $3.65M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$333.95M
Used
$3.65M
Capital expenditure$3.65M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.6%
×Asset turnover1.92×
×Equity multiplier1.19×
=Return on equity, FY202512.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.6% | 1.92× | 1.19× | 12.8% |
| FY2024 | 5.1% | 1.61× | 1.18× | 9.7% |
| FY2023 | 3.6% | 1.27× | 1.17× | 5.4% |
| FY2022 | -0.1% | 1.06× | 1.19× | -0.1% |
| FY2021 | 2.4% | 1.32× | 1.27× | 4.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$66.94M
- Cash generatingOperating cash flow above zero$162.13M
- Return on assets improvedROA up on the prior year8.7% → 11.6%
- Earnings backed by cashOperating cash flow above net income$162.13M vs $66.94M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose4.24 → 4.46
- No dilutionShare count did not rise128M → 129M
- Gross margin improvedGross margin up on the prior year27.32% → 24.77%
- More efficientAsset turnover rose1.73 → 2.08