Paymentus Holdings, Inc.

PAY Technology Software Infrastructure

Paymentus Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 37.3% from fiscal 2024.

Revenue
+19.8%
EPS
+57.1%
Free cash flow
+32.1%

Quarter to September 2026, against a year earlier

31.24 3.81 −10.87%
Market cap
$3.9B
P/E
41.7×
Fwd P/E
45.6×
Dividend yield
—
F-score
7/9
Altman Z
25.21
Beneish M
−3.16
Dividend safety
n/a

Paymentus Holdings, Inc. (PAY) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Paymentus Holdings, Inc. (PAY) trades at a EV/EBITDA of 24.0×. Over the past ten years it has ranged from 0.0× (June 2021) to 160× (December 2021); the current reading is higher than 10% of that period. That is above the Software Infrastructure industry median of 15.0× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 30.0× (33.70%)
FY2024 45.3× 18.25%
FY2023 38.3× 4.30%
FY2022 36.7× (76.13%)
FY2021 154× —
FY2020 0.0× —
FY2019 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 23.5× 29.71%
Jun 2026 18.1× (16.61%)
Mar 2026 21.8× (27.56%)
Dec 2025 30.0× (6.12%)
23 more quarters

Against its own ten years

Low 0.0× High 160×
Ten-year median 39.5×
Current reading's percentile 10

EV/EBITDA against peers

Company EV/EBITDA
VRNS Varonis Systems, Inc. compare n/m
CORZ Core Scientific, Inc. compare n/m
DLO DLocal Limited compare 11.2×
RELY Remitly Global, Inc. compare 22.4×
PAY Paymentus Holdings, Inc. 24.0×
BB BlackBerry Limited compare 48.3×
AVPT AvePoint, Inc. compare 58.6×
TENB Tenable Holdings, Inc. compare 63.6×
APPN Appian Corporation compare 179×
Software Infrastructure industry median 15.0×
Technology sector median 15.3×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on PAY