Paymentus Holdings (PAY) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Paymentus published the results on November 2, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Paymentus reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Paymentus's non-GAAP EPS applies an assumed 25% tax rate, its long-term projected non-GAAP tax rate, in place of the actual provision.
• Paymentus reports in thousands. Figures here are converted to millions.

Source: Paymentus Q3 2026 results, November 2, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Paymentus splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Paymentus's Payment transaction processing revenue revenue was $370 million in Q3 2026, up 20% from $309 million in Q3 2025, 99% of total revenue.
• Paymentus's Other revenue was $2.4 million in Q3 2026, up 25% from $1.9 million in Q3 2025, under 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Paymentus's guidance table: Q4 2026 revenue of $373 million to $378 million, contribution profit of $120 million to $122 million and Adjusted EBITDA of $45 million to $50 million; full-year 2026 revenue of $1,464 million to $1,469 million, contribution profit of $466 million to $468 million and Adjusted EBITDA of $186 million to $191 million. It gives no EPS guidance.

In its Q3 2026 release, Paymentus said:

“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,”

“Paymentus does not reconcile its forward-looking guidance for non-GAAP measures because certain financial information, the probable significance of which cannot be determined, is not available and cannot be reasonably estimated due to potential variability, complexity and uncertainty as to the items that would be excluded from the GAAP measure in the relevant future period.”

Source: Paymentus Q3 2026 release, Nov 2, 2026.

This is the company's own guidance as of Nov 2, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the PAY forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for Paymentus's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 2, 2026

Paymentus earns transaction fees on bill payments made through its platform, charged per transaction or as a percentage of the amount. The fees come from billers, from financial institutions, or from consumers as a convenience fee. Payment transaction processing revenue was $369.7 million of Paymentus's $372.2 million Q3 2026 revenue; other revenue was $2.4 million. (Paymentus Form 10-K, 2025, Feb 24, 2026; Paymentus Form 10-Q, Q3 2026, Nov 3, 2026)

Paymentus's Q3 2026 revenue rose 19.8% from $310.7 million. The 10-Q puts the increase down to more transactions processed, from newly implemented billers and from existing billers. Paymentus processed 219.0 million transactions, up 20.1% from 182.3 million. (Paymentus Q3 2026 release, Nov 2, 2026; Paymentus Form 10-Q, Q3 2026, Nov 3, 2026)

Paymentus's billers mainly provide non-discretionary services: utilities, financial services, insurance, government, telecommunications, real estate management, education and healthcare, among others. Substantially all revenue is from the United States, which contributed $366.7 million in Q3 2026; other countries contributed $5.5 million. (Paymentus Form 10-K, 2025, Feb 24, 2026; Paymentus Form 10-Q, Q3 2026, Nov 3, 2026)

Most of Paymentus's cost of revenue is interchange and processor fees, so gross margin is thin: 25.2% in Q3 2026, up from 24.1%. The 10-Q says a shift toward high-volume enterprise billers with lower margins was more than offset by economies of scale. Paymentus also reports contribution profit, which adds back the non-interchange part of cost of revenue: $118.5 million, up 20.6%. (Paymentus Form 10-Q, Q3 2026, Nov 3, 2026; Paymentus Q3 2026 release, Nov 2, 2026)

Paymentus's GAAP diluted EPS was $0.21 in Q3 2026, against $0.14, on net income of $27.5 million against $17.7 million. Non-GAAP EPS was $0.25, against $0.17. Non-GAAP net income of $33.1 million adds back $6.5 million of stock-based compensation and $0.8 million of amortization of acquisition-related intangibles, then applies an assumed 25% tax rate. (Paymentus Q3 2026 release, Nov 2, 2026; Paymentus Form 10-Q, Q3 2026, Nov 3, 2026)

Paymentus's operating expenses grew 9.7%, to $60.3 million, slower than revenue, so income from operations rose to $33.5 million from $19.9 million. The effective tax rate was 25.4%, against 21.5% a year earlier; the 10-Q attributes the change to higher nondeductible executive stock-based compensation in 2026 and larger discrete R&D tax credit benefits in 2025. (Paymentus Q3 2026 release, Nov 2, 2026; Paymentus Form 10-Q, Q3 2026, Nov 3, 2026)

Paymentus's diluted share count was 130,337,448, against 129,249,477, and it repurchased no shares. Cash and cash equivalents were $407.6 million at September 30, 2026, against $320.9 million at the end of 2025. (Paymentus Q3 2026 release, Nov 2, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Paymentus gives quarterly and full-year guidance for revenue, contribution profit and Adjusted EBITDA, with no EPS guidance. For Q4 2026 it guided revenue of $373 million to $378 million and Adjusted EBITDA of $45 million to $50 million. For 2026 it guided revenue of $1,464 million to $1,469 million, 22% to 23% above 2025 revenue of $1,196.5 million, contribution profit of $466 million to $468 million and Adjusted EBITDA of $186 million to $191 million. (Paymentus Q3 2026 release, Nov 2, 2026; Paymentus Form 10-K, 2025, Feb 24, 2026)

Paymentus does not reconcile the non-GAAP guidance to GAAP. In the release its CEO cited strong bookings and a sizable backlog as support for the 2026 targets and for its outlook for 2027. (Paymentus Q3 2026 release, Nov 2, 2026)

A consensus figure is the average of the models published by the analysts who cover Paymentus, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Paymentus's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning PAY is on is PAY a buy or a sell?, what analysts expect next is on the PAY forecast, and what the company does is on the Paymentus Holdings (PAY) stock page.

Every number on this page can be traced to a document Paymentus published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.