Loading…
Cloud-based bill payment technology platform enabling utilities, government agencies and businesses to accept customer payments.
Cloud-based bill payment technology platform enabling utilities, government agencies and businesses to accept customer payments.
Earns a fee on each payment that passes through its platform, charged to the biller or, in some cases, paid by the payer as a convenience fee, so income grows with the number of billers connected and the volume they route through it. Utilities form the base, and biller contracts are typically multi-year.
Moat: narrow (switching costs, scale). Deep integration into billers' back-office systems and payment channels creates high switching costs.
Headquarters: Charlotte, North Carolina · Founded: 2004 · Employees: 1,340
Size Paymentus (PAY) is a United States Financials company (Miscellaneous Commercial Services) with a market value of $3.70B, the 1396th largest of 3,117 United States companies the cockpit tracks. Shares closed at $33.47 on 6 Nov 2026.
Performance Over six months the shares gained 20.2%, against +3.1% for the median peer and -1.1% for the United States market (cap-weighted) — 6th highest of 15 in its peer set.
Growth Revenue grew 26.5% over the last twelve months (peer median +16.8%); the operating margin is 8.2% (peer median 11.7%).
Valuation It trades at 32.3× forward earnings against a peer median of 16.9× (5th most expensive of 14).
Backlog Backlog (remaining performance obligations) was $5.80M at 30 Sep 2026, down 9% on a year earlier — 0.0 years of trailing revenue. Backlog detail →
Short interest Short interest is 4.2% of the free float (15 Oct 2026).
Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.42B | $1.20B | $872M | $614M | $497M |
| Revenue growth | — | +37% | +42% | +24% | — |
| Gross profit | $351M | $296M | $230M | $174M | $144M |
| EBITDA | $155M | $117M | $81.3M | $48.7M | $23.4M |
| Net income | $94.6M | $66.9M | $44.2M | $22.3M | -$513,000 |
| Free cash flow | $168M | $162M | $63.2M | $68.2M | $18.6M |
| Capital expenditure | $38.4M | $37.1M | $36.6M | $34.3M | $31.3M |
| Total debt | $8.03M | $6.85M | $8.41M | $10.5M | $12.6M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Paymentus PAY | $3.70B | +20% | +26% | 8% | 32.3× | n/a |
| Fiserv FISV | $33.4B | +13% | -2% | 19% | 8.2× | n/a |
| ACI Worldwide ACIW | $6.06B | +32% | +7% | 19% | 22.9× | 11.8% |
| Tyler Technologies TYL | $16.7B | +30% | +8% | 16% | 28.1× | 22.9% |
| Jack Henry & Associates JKHY | $12.1B | +19% | +6% | 25% | 22.9× | n/a |
| i3 Verticals IIIV | $502M | -10% | -8% | 3% | 16.1× | 31.2% |
| Repay RPAY | $388M | +24% | +9% | 0% | 4.3× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PAY | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.9% | +2.8% | 7th highest of 15 |
| 6-month return | +20.2% | +3.1% | 6th highest of 15 |
| Distance from 52-week high | -23.4% | -18.4% | 7th lowest of 15 |
| Revenue growth (TTM) | +26.5% | +16.8% | 5th highest of 15 |
| Operating margin | 8.2% | 11.7% | 4th lowest of 15 |
| Forward P/E | 32.3× | 16.9× | 5th most expensive of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Paymentus PAY | United States | $3.70B | +20% | +26% | 8% | 32.3× | n/a | n/a |
| Shift4 Payments FOUR | United States | $3.47B | +3% | +32% | 10% | 8.4× | n/a | n/a |
| Remitly Global RELY | United States | $4.72B | -7% | +24% | 10% | 22.7× | n/a | n/a |
| Klarna KLAR | United States | $5.13B | -6% | +34% | -1% | 106.5× | n/a | n/a |
| Euronet Worldwide EEFT | United States | $2.65B | +3% | +5% | 11% | 6.2× | n/a | n/a |
| Flywire FLYW | United States | $2.62B | +25% | +31% | 9% | 33.9× | n/a | n/a |
| Payoneer Global PAYO | United States | $2.42B | +39% | +6% | 12% | 33.9× | n/a | n/a |
| WEX WEX | United States | $5.99B | +29% | +10% | 27% | 8.0× | n/a | n/a |
| PagSeguro Digital PAGS | United States | $2.11B | -25% | +11% | 38% | 4.5× | n/a | n/a |
| EVERTEC EVTC | United States | $2.00B | +40% | +16% | 20% | 7.8× | n/a | n/a |
| Marqeta MQ | United States | $1.93B | +11% | +17% | 2% | 38.5× | n/a | n/a |
| StoneCo STNE | United States | $1.83B | -30% | -30% | -130% | 3.7× | n/a | n/a |
| PayPay Corporation Sponsored ADR PAYP | United States | $9.97B | -24% | +29% | 24% | 16.9× | n/a | n/a |
| Wise WSE | United States | $13.2B | -23% | +20% | 22% | 17.4× | n/a | n/a |
| Katapult KPLT | United States | $939M | +64% | +13% | 17% | n/a | n/a | n/a |
Paymentus reported $5.80M of remaining performance obligations at 30 Sep 2026, down 9% from a year earlier and down 19% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.