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Paymentus Reports Third Quarter 2026 Financial Results
Revenue up 19.8% year-over-year
Contribution Profit up 20.6% year-over-year
Adjusted EBITDA up 38.6% year-over-year, with record adjusted EBITDA margin of 41.9%
DALLAS, November 02, 2026–(BUSINESS WIRE)–Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-native billing, payment, disbursement and AI-enabled Service Commerce solutions, today announced its unaudited financial results for the quarter ended September 30, 2026.
“Paymentus delivered another strong quarter, with 19.8% year-over-year revenue growth. This revenue performance drove growth in contribution profit and adjusted EBITDA of 20.6% and 38.6%, respectively. Our year-to-date results, combined with strong bookings and a sizable backlog, reinforce our confidence in achieving our 2026 financial targets as well as our outlook for 2027,” said Dushyant Sharma, Founder and CEO.
Third Quarter 2026 Financial and Business Highlights
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Revenue increased 19.8% year-over-year to reach a record $372.2 million, driven largely by growth in billers and transaction volumes.
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Gross profit was $93.8 million, an increase of 25.4% year-over-year. Adjusted gross profit(1) was $99.8 million, up 23.1% year-over-year.
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Contribution profit(1) was $118.5 million, a year-over-year increase of 20.6%.
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Net income was $27.5 million, compared with $17.7 million in the same period in 2025, and diluted GAAP earnings per share was $0.21, compared to $0.14 in the same period in 2025.
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Non-GAAP net income(1, 2) was $33.1 million, compared with $22.6 million in the same period in 2025, and diluted non-GAAP earnings per share(1, 2) was $0.25, compared with $0.17 in the same period in 2025.
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Adjusted EBITDA(1) was $49.7 million, a 38.6% increase year-over-year, representing a 41.9% adjusted EBITDA margin(1).
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The Company processed 219.0 million transactions during the third quarter of 2026, an increase of 20.1% year-over-year.
(1)Descriptions of the non-GAAP financial measures adjusted gross profit, contribution profit, non-GAAP net income, non-GAAP earnings per share, adjusted EBITDA, and adjusted EBITDA margin are provided below under “Use and Definitions of Non-GAAP Financial Measures,” and reconciliations are provided in the tables at the end of this release.
(2)Non-GAAP net income and non-GAAP earnings per share are adjusted for an assumed provision for income taxes based on our long-term projected non-GAAP tax rate of 25%. See “Use and Definitions of Non-GAAP Financial Measures” below for additional information regarding non-GAAP net income and non-GAAP earnings per share.
