| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 20 | 55.1x | 17.8x | Bottom tier | |
Growth | 90 | 30.2% | 7.1% | Top tier | |
Quality | 74 | 12.8% | 4.5% | Top tier | |
Safety | 92 | — | 2.6x | Top tier | |
Capital Return | 46 | — | 2.12% | Around median | |
Momentum | 72 | 2.7% | 2.9% | Top tier | |
Sentiment | 35 | 6 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Paymentus Holdings provides a technology platform for billing, payments, and service commerce, and generates revenue primarily from processing transactions for billers and service providers. Its customer base includes utilities, government entities, telecommunications, insurance, banks, education, property management, healthcare, consumer finance, and businesses, while the platform enables institutions to manage payments, business rules, workflows, and data through a single integration. Average revenue per transaction was $1.69 in fiscal Q2 2026, compared with $1.59 in the corresponding period, supported by customer mix, particularly large enterprise billers with higher payment amounts.
Paymentus reported record revenue of $360.7 million in fiscal Q2 2026, representing year-over-year growth of 28.8%, after processing 213.4 million transactions, an increase of 21.4%. Contribution profit was $118.1 million, up 26.3%, but its margin declined to 32.7% from 33.4% as larger, higher-volume enterprise customers were added. Adjusted gross profit was $100.2 million, and non-GAAP net income was $32.4 million, or $0.25 per share, exceeding the analyst estimate of $0.19 per share.
Adjusted earnings before interest, taxes, depreciation, and amortization reached $48.8 million in fiscal Q2 2026, representing year-over-year growth of 54%, while its margin was 41.3% of contribution profit, an improvement of 740 basis points. The company generated free cash flow of $39 million and ended the quarter with $379.7 million in cash and cash equivalents and no debt. Meanwhile, EDGAR data for the twelve-month period ending in fiscal 2026 shows revenue of $1.3 billion, gross profit of $316.6 million, and net income of $74 million.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $38.8, within a range of $36 to $44, while the recommendation consensus is Neutral; the average is approximately 14% below the 52-week range high of $45.31. No price-to-earnings ratio is available in the data despite net income of $74 million and earnings per share of $0.5723 for the twelve-month period ending in fiscal 2026, so the valuation assessment here is based on the target range and the breadth of the 52-week range from $20.11 to $45.31, balancing strong growth against the expected slowdown in fiscal Q3 2026 and pressure on the contribution profit margin.
Figures in the text are as of 2026-08-31; the live price is shown at the top of the page.
Paymentus’s revenue increased by 28.8% to $360.7 million in fiscal Q2 2026. The company processed 213.4 million transactions, a year-over-year increase of 21.4%, while average revenue per transaction rose from $1.59 to $1.69. Management attributed the growth to the launch of new billers, increased transactions from existing customers, and, to a lesser extent, improved average pricing, with the full benefit of large enterprise customers launched in fiscal Q3 2025.
The company expects annual revenue of between $1.443 billion and $1.458 billion in fiscal 2026, representing growth of between 21.2% and 21.9%. It expects contribution profit of between $460 million and $465 million and adjusted earnings before interest, taxes, depreciation, and amortization of between $175 million and $185 million. For fiscal Q3 2026, it expects revenue of between $353 million and $363 million and adjusted earnings before interest, taxes, depreciation, and amortization of between $40 million and $45 million.
Paymentus uses the Billeo platform to expand its offerings from payments into artificial intelligence, workflows, and service commerce. The announced capabilities include Billeo AI 360, Billeo Agentic Service Suite, an intelligent data vault, and a billing and settlement engine, while BillWallet preserves the identities of the service provider and customer and payment data. Management said on August 3, 2026, that feedback from customers and prospects had been positive and that BillWallet user numbers had increased, but it did not provide a specific figure. Management expects the revenue impact of these products to begin appearing over the next few years.
Adjusted earnings before interest, taxes, depreciation, and amortization grew by 54% to $48.8 million in fiscal Q2 2026, exceeding revenue growth of 28.8%. The margin for these earnings increased to 41.3% of contribution profit, compared with 33.9% a year earlier, while the incremental margin reached 69.6%. In contrast, the contribution profit margin declined from 33.4% to 32.7% due to the mix of large enterprise customers and volume discounts, making operating leverage essential to continued profitability improvement.
Paymentus ended fiscal Q2 2026 with $379.7 million in cash and cash equivalents, a sequential increase of $37.6 million, and no debt. Operations generated $48.9 million in cash, while free cash flow was $39 million. The company used $11.2 million in investing and financing activities, including $9.7 million of capitalized software, and working capital totaled $393.3 million.
The expected growth slowdown in fiscal Q3 2026 should be monitored, as revenue growth at the guidance midpoint is 15.2% compared with 28.8% in Q2. The contribution profit margin also declined to 32.7% due to the large-enterprise mix, and volume discounts could sustain pressure despite strong operating leverage. Additional risks include artificial intelligence displacing traditional intermediaries, the lack of specified current revenue from Billeo products, the Neutral analyst consensus, and net insider selling of $7.1 million during the three months through August 5, 2026.
