Paymentus (NYSE:PAY) Announces Quarterly Earnings Results

03 Nov 2026, 07:27 by Scott Moore · The Cerbat Gem

Paymentus (NYSE:PAY – Get Free Report) released its quarterly earnings results on Monday. The business services provider reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.04, FiscalAI reports. The firm had revenue of $372.18 million during the quarter, compared to analyst estimates of $358.87 million. Paymentus had a net margin of 6.24% and a return on equity of 15.26%. The business’s revenue for the quarter was up 19.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.20 EPS.

Here are the key takeaways from Paymentus’ conference call:

Record Q3 performance: Revenue rose 19.8% year over year to $372.2 million, while adjusted EBITDA increased 38.6% to a record $49.7 million, supported by new biller launches, existing-customer growth, and operating leverage.
Paymentus raised its full-year 2026 outlook, now forecasting revenue of $1.464 billion-$1.469 billion and adjusted EBITDA of $186 million-$191 million; the midpoint implies 22.6% revenue growth and a 37.2% adjusted EBITDA increase.
Management reported strong bookings, pipeline, and backlog across a diversified set of industries and said it remains confident in growth into 2027. Cash increased to $409.6 million, while days sales outstanding improved year over year.
The company signed its first sizable interchange-monetization agreement and said BillWallet users have doubled to more than 200,000, but management characterized these opportunities as longer-term and provided no quantified financial impact.
Fourth-quarter adjusted EBITDA guidance of $45 million-$50 million implies a sequential decline from Q3, reflecting planned investments in hiring, research and development, and sales-channel expansion, although management said spending will remain calibrated to profitable growth.

Paymentus Stock Up 6.9%

NYSE PAY opened at $35.08 on Tuesday. The stock’s 50-day simple moving average is $33.63 and its two-hundred day simple moving average is $28.84. Paymentus has a twelve month low of $20.11 and a twelve month high of $45.31. The company has a market capitalization of $4.42 billion, a price-to-earnings ratio of 53.15 and a beta of 1.34.

Paymentus News Summary

Here are the key news stories impacting Paymentus this week:

Positive Sentiment: Paymentus reported third-quarter revenue of $372.2 million, up 19.8% year over year and above the approximately $358.9 million analyst consensus. Adjusted EBITDA rose a more substantial 38.6% to $49.7 million, indicating improved operating leverage. Paymentus Reports Third Quarter 2026 Financial Results
Positive Sentiment: Adjusted earnings of $0.25 per share beat estimates ranging from $0.21 to $0.22 and improved from $0.17-$0.20 a year earlier. The revenue and earnings beats likely supported the stock’s upward move. Paymentus Q3 Earnings and Revenues Top Estimates
Positive Sentiment: Management projected 2026 revenue of approximately $1.464 billion to $1.469 billion, modestly above expectations, and highlighted a potential path toward roughly $2 billion of revenue as its backlog converts over the next 18–24 months. Paymentus 2026 Revenue Outlook
Positive Sentiment: Paymentus was named the best-in-class billing and payments solution provider in Datos Insights’ 2026 market evaluation, offering third-party validation of its competitive position and potentially supporting future customer wins. Paymentus Named Best-in-Class Provider
Neutral Sentiment: Investors are now focused on whether Paymentus can sustain growth and convert its backlog into revenue, rather than simply deliver another quarterly beat. Paymentus: Three Key Takeaways
Negative Sentiment: Despite the strong quarter, revenue growth remains below the company’s earlier rapid-growth profile. With a price-to-earnings ratio above 50, the valuation leaves PAY vulnerable if future growth slows or the company fails to exceed elevated expectations. Paymentus Growth Outlook

Insider Transactions at Paymentus

In other news, CFO Sanjay Kalra sold 2,909 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $40.25, for a total value of $117,087.25. Following the completion of the transaction, the chief financial officer directly owned 505,597 shares in the company, valued at approximately $20,350,279.25. This represents a 0.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 55.75% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Robert W. Baird lifted their price objective on Paymentus from $34.00 to $38.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. Yorkville Ives initiated coverage on Paymentus in a research note on Tuesday, October 6th. They issued an “outperform” rating and a $40.00 target price on the stock. Wolfe Research cut Paymentus from an “outperform” rating to a “peer perform” rating in a report on Tuesday, August 25th. Weiss Ratings cut Paymentus from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. Finally, Seaport Research Partners assumed coverage on Paymentus in a research report on Thursday, September 17th. They set a “buy” rating and a $42.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $38.86.

Get Our Latest Stock Report on Paymentus

Paymentus Company Profile

(Get Free Report)

Paymentus Holdings, Inc is a technology company that provides cloud-based bill payment and electronic billing solutions. Its platform enables organizations to present bills, collect payments and communicate with customers through digital channels, including web and mobile applications, text messaging, interactive voice response, payment kiosks and customer service representatives.