Paymentus Holdings, Inc. (PAY)

Paymentus Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,124	871.75	614.49	497	395.52	301.77
Revenue Growth (YoY)	44.34%	41.87%	23.64%	25.66%	31.07%	27.99%
Cost of Revenue	845.55	633.58	432.15	347.32	274.14	209.14
Gross Profit	278.38	238.17	182.34	149.68	121.38	92.63
Selling, General & Admin	153.61	141.98	120	111.43	76.89	49.69
Research & Development	59.11	51.33	44.25	41.22	34.12	24.51
Operating Expenses	212.72	193.31	164.25	152.65	111.01	74.2
Operating Income	65.66	44.86	18.09	-2.98	10.37	18.43
Interest Expense	-	-	-	-	-0.01	-
Interest & Investment Income	9	8.74	7.02	1.66	-	0.05
Currency Exchange Gain (Loss)	-	-	-	-	-0	-0.12
Other Non Operating Income (Expenses)	0.39	0.35	0.01	0.01	-	-
Pretax Income	75.05	53.94	25.12	-1.31	10.37	18.36
Income Tax Expense	15.64	9.78	2.8	-0.8	1.07	4.65
Net Income	59.41	44.17	22.32	-0.51	9.3	13.71
Preferred Dividends & Other Adjustments	-	-	-	-	2.26	5.19
Net Income to Common	59.41	44.17	22.32	-0.51	7.04	8.53
Net Income Growth	46.98%	97.87%	-	-	-32.17%	0.10%
Shares Outstanding (Basic)	125	124	124	122	113	103
Shares Outstanding (Diluted)	129	128	125	122	119	106
Shares Change (YoY)	1.49%	2.11%	2.43%	2.76%	11.88%	-0.13%
EPS (Basic)	0.48	0.36	0.18	-0.00	0.06	0.08
EPS (Diluted)	0.47	0.35	0.18	-0.00	0.06	0.08
EPS Growth	47.03%	94.45%	-	-	-25.00%	-
Free Cash Flow	144.55	63.18	68.23	18.61	18.51	35.16
Free Cash Flow Per Share	1.12	0.49	0.55	0.15	0.16	0.33
Gross Margin	24.77%	27.32%	29.67%	30.12%	30.69%	30.70%
Operating Margin	5.84%	5.15%	2.94%	-0.60%	2.62%	6.11%
Profit Margin	5.29%	5.07%	3.63%	-0.10%	1.78%	2.83%
Free Cash Flow Margin	12.86%	7.25%	11.10%	3.74%	4.68%	11.65%
EBITDA	74.42	53.76	27.34	6.47	14.27	20
EBITDA Margin	6.62%	6.17%	4.45%	1.30%	3.61%	6.63%
D&A For EBITDA	8.76	8.9	9.25	9.44	3.9	1.57
EBIT	65.66	44.86	18.09	-2.98	10.37	18.43
EBIT Margin	5.84%	5.15%	2.94%	-0.60%	2.62%	6.11%
Effective Tax Rate	20.84%	18.12%	11.15%	-	10.28%	25.34%
Advertising Expenses	-	0.8	1.3	2	1.5	0.5

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q