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) Operating margin

Alert me on Operating margin

Paymentus Holdings, Inc.'s operating margin over the twelve months to 30 September 2026 was 8.21%, up 1.9 percentage points from fiscal 2025 (6.31%). Over the past ten years it has ranged from −0.60% (fiscal 2022) to 7.79% (fiscal 2019); the current reading is higher than 86% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.31%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 6.31% 1.16
FY2024 5.15% 2.21
FY2023 2.94% 3.54
FY2022 −0.60% (3.22)
FY2021 2.62% (3.49)
FY2020 6.11% (1.68)
FY2019 7.79% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 9.01% (0.03)
Jun 2026 9.04% 1.63
Mar 2026 7.41% 0.13
Dec 2025 7.28% 0.89
23 more quarters

Against its own ten years

Low −0.60% High 7.79%
Ten-year median 5.15%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
DLO DLocal Limited compare 17.4%
BB BlackBerry Limited compare 13.6%
AVPT AvePoint, Inc. compare 9.78%
RELY Remitly Global, Inc. compare 9.45%
PAY Paymentus Holdings, Inc. 8.21%
TENB Tenable Holdings, Inc. compare 4.37%
APPN Appian Corporation compare 1.28%
VRNS Varonis Systems, Inc. compare −22.0%
CORZ Core Scientific, Inc. compare −127.5%
Software Infrastructure industry median 0.00%
Technology sector median 0.31%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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