Paymentus Holdings, Inc. (PAY) Revenue History
Annual and quarterly revenue from 2013 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
PAY Revenue Growth
Revenue Breakdown (FY 2025)
PAY's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
PAY Revenue Analysis (2013–2025)
As of May 8, 2026, Paymentus Holdings, Inc. (PAY) generated trailing twelve-month (TTM) revenue of $1.28 billion, reflecting explosive growth of +30.2% year-over-year. The most recent quarter (Q1 2026) recorded $358.4 million in revenue, up 8.5% sequentially.
Looking at the longer-term picture, PAY's 5-year compound annual growth rate (CAGR) stands at +31.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $2.00 billion in 2015.
Revenue diversification analysis shows PAY's business is primarily driven by Payment Transaction Processing Revenue (99%), and Other (1%). With over half of revenue concentrated in Payment Transaction Processing Revenue, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including RPAY (+1.0% YoY), PRTH (+8.3% YoY), and FLYW (+36772.8% YoY), PAY has underperformed the peer group in terms of revenue growth. Compare PAY vs RPAY →
PAY Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PAYCurrent | $1.3B | +30.2% | +31.7% | 6.3% | |
 RPAY | $309M | +1.0% | +14.8% | -3.9% | |
 PRTH | $953M | +8.3% | +18.7% | 14.8% | |
 FLYW | $623M | +36772.8% | +36.4% | 1.8% | |
 IIIV | $213M | -5.9% | +7.3% | 1.9% | |
 CASS | $191M | -1.5% | +5.2% | 20.3% |
PAY Historical Revenue Data (2013–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.20B | +37.3% | $296.3M | 24.8% | $75.5M | 6.3% |
| 2024 | $871.7M | +41.9% | $238.2M | 27.3% | $44.9M | 5.1% |
| 2023 | $614.5M | +23.6% | $182.3M | 29.7% | $18.1M | 2.9% |
| 2022 | $497.0M | +25.7% | $149.7M | 30.1% | $-2,976,000 | -0.6% |
| 2021 | $395.5M | +31.1% | $121.4M | 30.7% | $10.4M | 2.6% |
| 2020 | $301.8M | +28.0% | $92.6M | 30.7% | $18.4M | 6.1% |
| 2019 | $235.8M | -87.4% | $74.4M | 31.6% | $18.4M | 7.8% |
| 2017 | $1.87B | -6.1% | $713.1M | 38.1% | $48.2M | 2.6% |
| 2016 | $1.99B | -0.4% | $794.3M | 39.9% | $74.7M | 3.7% |
| 2015 | $2.00B | +7.0% | $826.0M | 41.3% | $108.2M | 5.4% |
See PAY's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs PAY Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare PAY vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonPAY — Frequently Asked Questions
Quick answers to the most common questions about buying PAY stock.
Is PAY's revenue growth accelerating or slowing?
PAY revenue is accelerating at +30.2% year-over-year, exceeding the 5-year CAGR of +31.7%. TTM revenue reached $1.3B. Growth momentum has increased versus prior periods.
What is PAY's long-term revenue growth rate?
Paymentus Holdings, Inc.'s 5-year revenue CAGR of +31.7% reflects the sustained expansion pattern. Current YoY growth of +30.2% is above this long-term average.
How is PAY's revenue distributed by segment?
PAY reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2025 are available for download. Segment mix reveals concentration and diversification trends.