Paymentus lifts guidance after record second-quarter revenue
Paymentus reported record second-quarter revenue of $360.7 million on August 3, up 28.8 percent from a year earlier and ahead of the roughly $345 million analysts expected, according to the company’s results release. Adjusted earnings were $0.25 per diluted share against the $0.18 to $0.19 consensus.
The Charlotte-based company, which provides cloud-based bill payment technology to billers and financial institutions in North America, said contribution profit rose 26.3 percent to $118.1 million and adjusted earnings before interest, taxes, depreciation and amortization increased 54 percent to $48.8 million. The adjusted EBITDA margin reached 41.3 percent, up from 33.9 percent a year earlier.
Paymentus processed 213.4 million transactions in the quarter, an increase of 21.4 percent, while average revenue per transaction rose to $1.69 from $1.59. Chief financial officer Sanjay Kalra attributed the higher figure mainly to biller mix, including large enterprise customers launched in the third quarter of 2025 that carry higher average payment amounts, according to a transcript published by Investing.com.
“Paymentus delivered another strong quarter,” founder and chief executive Dushyant Sharma said, pointing to bookings and backlog that management said provide visibility into 2027, according to Yahoo Finance.
The company guided to third-quarter revenue of $353 million to $363 million and full-year revenue of about $1.4 billion to $1.5 billion. It ended the quarter with $379.7 million in cash and cash equivalents, up from $342.1 million three months earlier, and no debt.
Demand was strongest among large enterprise customers, though Kalra said contribution profit growth was broad-based across customer sizes rather than concentrated in one type. The company cited activity across utilities, government agencies, telecommunications, property management, insurance, banking, education and consumer finance. Shares rose following the report, trading near a 52-week high.
