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PAY Financials Paymentus Holdings, Inc.

7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 31.7% per year over the past 5 years.
  • Net income has grown faster than revenue (37.3% vs 31.7% per year).
  • Operating margin has been roughly flat, at 6.3% in the latest year.
  • Free cash flow has grown 35.7% per year over the past 5 years.
Revenue & net income
-$513000 $598M $1B $0 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-1% 15% 32% 0% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $81M $162M 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $160M $321M 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$78M $68M $213M $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $1.2B $67M 24.8% 6.3% $162M $321M
2024 $872M $44M 27.3% 5.1% $63M $206M
2023 $614M $22M 29.7% 2.9% $68M $179M
2022 $497M -$513000 30.1% -0.6% $19M $147M
2021 $396M $9M 30.7% 2.6% $19M $168M
2020 $302M $14M 30.7% 6.1% $35M $47M
2019 $236M $14M 31.6% 7.8% $16M

Valuation over time

How the market has priced PAY against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 106.7 213.3 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 3.9 7.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is PAY growing its revenue and profit?

Over the past 5 years, Paymentus Holdings, Inc.'s revenue has grown 31.7% per year, and net income grown 37.3% per year. These are computed facts, not advice.

How much debt does PAY have?

As of FY2025, Paymentus Holdings, Inc. reported — of total debt against $321M of cash.

What is PAY's profit margin?

In FY2025, gross margin was 24.8%, operating margin 6.3%, and net margin 5.6%.

What is PAY's P/E ratio?

As of Jun '26, Paymentus Holdings, Inc. traded at a price-to-earnings ratio of about 40.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.