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PAYS Financials Paysign, Inc.

15 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 27.7% per year over the past 5 years.
  • Operating margin has expanded, at 9.0% in the latest year.
  • Free cash flow has grown 32.8% per year over the past 5 years.

Financial health

  • The company holds more cash ($165M) than total debt ($8M).
  • Total debt is 0.5× EBITDA.
Revenue & net income
-$9M $36M $82M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-38% 11% 59% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-325% 358% 1041% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
$0 $26M $51M 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $82M $165M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$10M $21M $52M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $82M $8M 59.4% 9.0% 15.6% 2.7% $51M $8M $165M
2024 $58M $4M 55.1% 1.7% 12.5% 2.1% $23M $0 $122M
2023 $47M $6M 51.1% -0.4% 26.4% 4.4% $27M $109M
2022 $38M $1M 55.1% 0.9% 6.3% 0.9% $25M $90M
2021 $29M -$3M 49.9% -9.3% -21.0% -3.2% $15M $69M
2020 $24M -$9M 38.6% -34.6% -69.1% -13.5% $12M $56M
2019 $7M 38.6% 13.9% $16M $46M
2018 $3M 28.5% 7.2% $16M $32M
2017 $2M 35.5% 8.8% $6M $0 $17M
2016 $1M 48.4% 10.1% $4M $27892 $12M
2015 -$2M -189.6% -23.5% $0 $8M
2014 $3M 95.6% 20.1%
2013 $611684 1040.6% 6.7%
2012 $2M -324.8% 24.4% $2M
2011 $215291 -7.3% 3.0% $186992

Valuation over time

How the market has priced PAYS 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 99.2 198.3 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 4.5 8.9 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is PAYS growing its revenue and profit?

Over the past 5 years, Paysign, Inc.'s revenue has grown 27.7% per year. These are computed facts, not advice.

How much debt does PAYS have?

As of FY2025, Paysign, Inc. reported $8M of total debt against $165M of cash.

What is PAYS's profit margin?

In FY2025, gross margin was 59.4%, operating margin 9.0%, and net margin 9.2%.

What is PAYS's P/E ratio?

As of Sep '26, Paysign, Inc. traded at a price-to-earnings ratio of about 96.8× (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.