Paymentus Holdings, Inc. (PAY) reported strong second-quarter 2026 results, with revenue rising 28.8% year over year to $360.7 million. Gross profit increased 32.0% to $94.3 million, while operating profit more than doubled to $32.6 million.
Net income attributable to common shareholders climbed 73.8% to $25.6 million, and diluted earnings per share came in at $0.20, up 81.8% from a year earlier. Operating cash flow also improved sharply, reaching $48.9 million, compared with the same period last year.
The company ended the quarter with $377.7 million in cash and cash equivalents, up 41.8% from a year ago. Total liabilities were $112.0 million. Revenue and earnings both exceeded analyst expectations, and the stock rose 8.68% after the close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Paymentus Holdings, Inc. Insider Trading Activity
Paymentus Holdings, Inc. insiders have traded $PAY stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $PAY stock by insiders over the last 6 months:
- GARY TRAINOR has made 0 purchases and 3 sales selling 80,000 shares for an estimated $2,729,626.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Paymentus Holdings, Inc. Hedge Fund Activity
We have seen 103 institutional investors add shares of Paymentus Holdings, Inc. stock to their portfolio, and 99 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 2,239,138 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $56,874,105
- CAPITAL WORLD INVESTORS added 1,714,760 shares (+68.6%) to their portfolio in Q1 2026, for an estimated $43,554,904
- WASATCH ADVISORS LP removed 1,708,700 shares (-21.6%) from their portfolio in Q2 2026, for an estimated $41,282,192
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 838,828 shares (+1223.3%) to their portfolio in Q1 2026, for an estimated $21,306,231
- CAPITAL INTERNATIONAL INVESTORS removed 780,642 shares (-10.2%) from their portfolio in Q1 2026, for an estimated $19,828,306
- NORTH REEF CAPITAL MANAGEMENT LP added 734,551 shares (+inf%) to their portfolio in Q1 2026, for an estimated $18,657,595
- MILLENNIUM MANAGEMENT LLC added 712,991 shares (+496.6%) to their portfolio in Q1 2026, for an estimated $18,109,971
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Paymentus Holdings, Inc. Price Targets
Multiple analysts have issued price targets for $PAY recently. We have seen 3 analysts offer price targets for $PAY in the last 6 months, with a median target of $34.0.
Here are some recent targets:
- Dan Ives from Wedbush set a target price of $36.0 on 05/05/2026
- David Koning from Baird set a target price of $34.0 on 05/05/2026
- Will Nance from Goldman Sachs set a target price of $32.0 on 02/24/2026
