USIONasdaqFunctions Related To Depository Banking, NECFiscal year ends December 31
Usio, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 12, 2026
$2.86+0.04 (+1.42%)
Close on Oct 19, 2026
- Market cap
- $79.56M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
23.1%+0.2 pts over 5 years
Operating margin
-2.8%+8.9 pts over 5 years
Net margin
-2.9%+6.1 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 | +3.0% | +7.1% | +21.5% | +19.5% | |
| Gross profit | +0.4% | +10.5% | +21.7% | +14.8% | |
| Free cash flow | -60.1% | – | -27.6% | -1.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -13.2% | -23.9% | -13.6% | |
| Return on assets | -1.7% | -4.0% | -2.1% | |
| Current ratio | 1.07 | 1.09 | 1.08 | |
| Debt to equity | – | 0.00 | 0.08 | |
| Net debt to EBITDA | – | 3.24× | 14.68× | |
| Interest coverage | – | – | -45.3× | |
| Inventory turnover | – | – | 151.8× | |
| Capex to revenue | 1.3% | 2.7% | 0.5% | |
| Diluted shares | 8M | 15M | 27M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Usio generated $54.74M from operations and spent $8.07M on capital expenditure, dividends and share buybacks. 44% of that went back into the business.
Generated
$54.74M
Used
$8.07M
Capital expenditure$3.55M44%Dividends$00%Share buybacks$4.52M56%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-2.9%
×Asset turnover0.71×
×Equity multiplier6.53×
=Return on equity, FY2025-13.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -2.9% | 0.71× | 6.53× | -13.6% |
| FY2024 | 4.0% | 0.77× | 6.26× | 19.3% |
| FY2023 | -0.6% | 0.82× | 7.06× | -3.3% |
| FY2022 | -7.9% | 0.60× | 7.10× | -33.6% |
| FY2021 | -0.5% | 0.57× | 6.12× | -1.8% |
| FY2020 | -9.0% | 0.45× | 5.94× | -23.9% |
| FY2019 | -18.1% | 0.43× | 7.54× | -59.5% |
| FY2018 | -15.1% | 0.37× | 5.96× | -33.2% |
| FY2017 | -20.6% | 0.21× | 6.19× | -27.2% |
| FY2016 | -9.9% | 0.18× | 7.61× | -13.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$2.51M
- Cash generatingOperating cash flow above zero$1.51M
- Return on assets improvedROA up on the prior year3.1% → -2.3%
- Earnings backed by cashOperating cash flow above net income$1.51M vs -$2.51M
- Less leverageLong-term debt to assets fell0.5% → 0.8%
- Better liquidityCurrent ratio rose1.12 → 1.08
- No dilutionShare count did not rise27M → 27M
- Gross margin improvedGross margin up on the prior year23.65% → 23.06%
- More efficientAsset turnover rose0.78 → 0.80