Business
Paymentus Reports First Quarter 2025 Financial Results
CHARLOTTE, N.C., May 05, 2025--Paymentus Holdings, Inc. ("Paymentus") (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions, today announced its unaudited financial results for the quarter ended March 31, 2025.
About this update from Paymentus Holdings, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1585,"height":401,"url":"https://media.zenfs.com/en/business-wire.com/29840f8c22988b2b9062a6d77efbc703"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Vh6cmlnngg_zXmTv2I6mxA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTI0MztjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/29840f8c22988b2b9062a6d77efbc703","width":960,"height":243},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/HSLFXMXssYA2WvvlZ6Rnkg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD02MDg7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/29840f8c22988b2b9062a6d77efbc703","width":1200,"height":304}},"lazy":false},{"type":"text","content":"Revenue increased 48.9% year-over-year","length":38,"tagName":"p","attribs":{}},{"type":"text","content":"Adjusted EBITDA rose 51.3%, reflecting a 34.2% adjusted EBITDA margin","length":69,"tagName":"p","attribs":{}},{"type":"text","content":"CHARLOTTE, N.C., May 05, 2025--(BUSINESS WIRE)--Paymentus Holdings, Inc. ("Paymentus") (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions, today announced its unaudited financial results for the quarter ended March 31, 2025.","length":268,"tagName":"p"},{"type":"text","content":""Paymentus started 2025 on strong footing, with year-over-year growth in revenue, contribution profit and adjusted EBITDA of 48.9%, 26.3% and 51.3%, respectively. This momentum continues to be driven by higher transaction activity from both new and existing billers, bolstered by the non-discretionary nature of our business and the value we bring to our customers. Our strong bookings and backlog at quarter-end continue to support our positive outlook for the rest of the year," said Dushyant Sharma, Founder and CEO.","length":529,"tagName":"p"},{"type":"text","content":"First Quarter 2025 Financial and Business Highlights","length":52,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue was $275.2 million, an increase of 48.9% year-over-year, driven largely by increased billers and transactions.","length":118,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross profit was $66.0 million, an increase of 25.2% year-over-year. Adjusted gross profit(1) was $72.6 million, up 25.9% year-over-year."...