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NYSE · Industrials

Paymentus Holdings, Inc. (PAY)

As-reported financials and SEC filings for Paymentus Holdings, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Paymentus Holdings, Inc.

Paymentus Holdings, Inc. provides payment transaction processing services. The company offers technology and software solutions that enable businesses to manage and process payments. It serves various clients by facilitating electronic payment transactions.

Snapshot

Revenue
$1.20B
Revenue growth (YoY)
37.3%
Net income
$66.9M
Diluted EPS
$0.52
Gross margin
24.8%
Operating margin
6.3%
Net margin
5.6%
FCF margin
13.5%
ROE
11.9%
net income / fiscal-year-end equity
P/E
48.3×
trailing when available, otherwise FY EPS
Market cap
$4.01B
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Paymentus Holdings

  • Revenue grew 37.3% to $1.2B in FY2025, slower than the 41.9% the year before.
  • Operating margin is 6.3% in FY2025, +3.7 pp against 2.6% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $361M, up 28.8% from Q2 FY2025.
  • Free cash flow was $162M in FY2025, 13.5% of revenue.
  • Net income rose 51.5% to $67M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Paymentus Holdings’s fundamentals sit among the 669 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin24.8%
41st percentile of 456
Operating margin6.3%
53rd percentile of 599
Net margin5.6%
59th percentile of 631
FCF margin13.5%
81st percentile of 547
Revenue growth (YoY)+37.3%
91st percentile of 653
ROE11.9%
65th percentile of 591
P/E48.3×
87th percentile of 406
Short interest1.97d
27th percentile of 662

Paymentus Holdings’s revenue growth of +37.3% ranks in the 91st percentile of the 653 Industrials companies reporting it. Paymentus Holdings’s P/E of 48.3 ranks in the 87th percentile of the 406 peers with a meaningful P/E.

No reported insider purchases (code P) in the last 90 days; 13 insider sales totaling $7.1M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
6
5 trimmed, 1 exited
Combined position
$21.6M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$7.0M288.3KAdded
Point72 Asset ManagementquantQ2 2026$5.3M219.4KAdded
Millennium ManagementquantQ2 2026$2.3M94.8KReduced
Gotham Asset ManagementQ2 2026$2.3M93.4KReduced
Two Sigma InvestmentsquantQ2 2026$2.2M92.7KReduced
AQR Capital ManagementquantQ2 2026$1.3M52.4KReduced
D. E. ShawquantQ2 2026$1.2M51.2KReduced

No longer held by: Citadel Advisors (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
13
$7.1M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-05
filed 2026-08-06
Sanjay KalraSVP and CFOSell2.8K$40.16$113K
2026-08-05
filed 2026-08-06
Sanjay KalraSVP and CFOSell100$43.02$4K
2026-08-04
filed 2026-08-06
Gary TrainorDirectorSell40.3K$39.91$1.6M
2026-08-04
filed 2026-08-06
Gary TrainorDirectorSell17.5K$43.06$754K
2026-08-04
filed 2026-08-06
Gary TrainorDirectorSell9.8K$41.99$411K
2026-08-04
filed 2026-08-06
Sanjay KalraSVP and CFOSell10.0K$40.22$402K
2026-08-04
filed 2026-08-06
Sanjay KalraSVP and CFOSell8.8K$41.53$365K
2026-08-04
filed 2026-08-06
Gary TrainorDirectorSell7.9K$38.74$305K
2026-08-04
filed 2026-08-06
Sanjay KalraSVP and CFOSell6.2K$42.36$263K
2026-08-04
filed 2026-08-06
Gary TrainorDirectorSell4.5K$40.88$184K
2026-07-29
filed 2026-07-30
Gary TrainorDirectorSell40.0K$35.12$1.4M
2026-07-28
filed 2026-07-30
Gary TrainorDirectorSell39.0K$33.11$1.3M

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.7M
settled 2026-09-30
Change vs prior
-16.5%
vs previous settlement
Days to cover
1.97
at avg daily volume
Avg daily volume
1.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-302.7M-16.5%1.97
2026-09-153.3M+17.6%3.41
2026-08-312.8M-13.3%2.27
2026-08-143.2M-24.2%2.32
2026-07-314.3M+10.0%4.19
2026-07-153.9M+17.7%3.79
2026-06-303.3M+88.2%1.63
2026-06-151.7M+3.3%1.82

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.20B$871.7M$614.5M$497.0M$395.5M
Gross profit
Operating income$75.5M$44.9M$18.1M$-3.0M$10.4M
Net income$66.9M$44.2M$22.3M$-513,000$9.3M
Diluted EPS$0.52$0.35$0.18$0.00$0.06

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$320.9M$205.9M$179.4M$147.3M$168.4M
Current assets$441.3M$345.6M$270.3M$229.0M$256.4M
Total assets$667.9M$576.2M$504.9M$461.5M$472.9M
Current liabilities$98.8M$81.5M$62.8M$51.5M$74.4M
Long-term debt—————
Total liabilities$107.5M$90.7M$75.2M$64.4M$86.8M
Total equity$560.4M$485.6M$429.6M$397.2M$386.1M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$162.1M$63.6M$68.8M$19.9M$19.5M
Capital expenditure$361,000$457,000$600,000$1.3M$979,000
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$360.7M28.8%$25.6M$0.20
Q1 FY2026$358.4M30.2%$20.9M$0.16
Q4 FY202528.1%
Q3 FY2025$310.7M34.2%$17.7M$0.14
Q2 FY2025$280.1M41.9%$14.7M$0.11
Q1 FY2025$275.2M48.9%$13.8M$0.11
Q4 FY202456.5%
Q3 FY2024$231.6M51.9%$14.4M$0.11

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryServices-Business Services, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2021
SEC CIK1841156

Selected SEC filings

10-K2026-02-24
View on EDGAR →
10-Q2026-08-04
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
8-K/A2026-08-03
View on EDGAR →
8-K2026-08-03
View on EDGAR →
8-K/A2026-07-23
View on EDGAR →
8-K2026-07-23
View on EDGAR →

Largest Industrials peers

All Industrials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.