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) Gross margin

Alert me on Gross margin

Paymentus Holdings, Inc.'s gross margin over the twelve months to 30 September 2026 was 25.2%, up 0.4 percentage points from fiscal 2025 (24.8%). Over the past ten years it has ranged from 24.8% (fiscal 2025) to 31.6% (fiscal 2019) — the current reading is the lowest in ten years. That is below the Software Infrastructure industry median of 59.2% and below the Technology sector median of 47.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 24.8% (2.55)
FY2024 27.3% (2.35)
FY2023 29.7% (0.45)
FY2022 30.1% (0.57)
FY2021 30.7% 0.00
FY2020 30.7% (0.88)
FY2019 31.6% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 25.2% (0.93)
Jun 2026 26.1% 2.08
Mar 2026 24.1% (1.36)
Dec 2025 25.4% 1.33
23 more quarters

Against its own ten years

Low 24.8% High 31.6%
Ten-year median 30.1%
Current reading's percentile 21

Gross margin against peers

Company Gross margin
TENB Tenable Holdings, Inc. compare 78.1%
BB BlackBerry Limited compare 77.9%
VRNS Varonis Systems, Inc. compare 77.1%
AVPT AvePoint, Inc. compare 73.5%
APPN Appian Corporation compare 72.4%
RELY Remitly Global, Inc. compare 61.5%
DLO DLocal Limited compare 34.3%
CORZ Core Scientific, Inc. compare 28.4%
PAY Paymentus Holdings, Inc. 25.2%
Software Infrastructure industry median 59.2%
Technology sector median 47.1%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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