Priority Technology Holdings, Inc. · NASDAQ:PRTH
Priority Technology — Q3 2025 Earnings Presentation
20 slides from Priority Technology's earnings presentation, November 2025
Slide 1: Priority Technology Holdings, Inc. Q3 2025 Earnings Call Supplemental Slides
Priority Technology Holdings, Inc. (Nasdaq: PRTH) Supplemental Slides: Q3 2025 Earnings Call November 2025
Slide 2: Disclaimer
Disclaimer Important Notice Regarding Forward-Looking Statements and Non-GAAP Measures This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financia
Slide 3: Key 3rd Quarter 2025 Highlights
Key 3rd Quarter 2025 Highlights Q3 2025 RESULTS REVISED 2025 GUIDE REFLECTS HSD GROWTH NET REVENUE ADJ GROSS PROFIT1 2025 $706 2025 Guidance $950 - $965 +6% +10% REVENUE YTD Actual Range (8-10% Growth) (In Millions) 2024 $880 ADJ EBITDA1 ADJ EPS +6% $0.28 (+$0.10) ADJ. GROSS 2025 $274 YTD Actual 202
Slide 4: Q3 2025 Consolidated Results
Q3 2025 Consolidated Results 6% 10% 140bp 6% 39.2% $241.4M $94.8M $57.8M $227.0M $86.0M 37.9% $54.6M Q3 24 Q3 25 Q3 24 Q3 25 Q3 24 Q3 25 Q3 24 Q3 25 Revenue increased Adj Gross Profit1 Adj Gross Profit Adjusted EBITDA1 6% to $241.4 increased 10% to margin1 increased increased 6% to million $94.8 mil
Slide 5: YTD 2025 Consolidated Results
YTD 2025 Consolidated Results 8% 12% 150bp 8% 38.9% $705.9M $274.4M $165.1M $652.6M $244.1M 37.4% $152.5M YTD 24 YTD 25 YTD 24 YTD 25 YTD 24 YTD 25 YTD 24 YTD 25 Revenue increased Adj Gross Profit1 Adj Gross Profit Adjusted EBITDA1 8% to $705.9 increased 12% to margin1 increased increased 8% to mill
Slide 6: Priority Commerce: Powering an Ecosystem of Integrated Financial Solutions
Priority We Provide Personalized Payments and Banking Solutions to: Commerce: Accelerate Cash Flow + Optimize Working Capital Powering an Ecosystem of Integrated Financial Collect Store Lend Send Solutions ▪ Priority Commerce Engine (PCE) is a unified platform that provides our customers a Priority
Slide 7: End Customers
Priority Commerce Engine Consumer Finance m ent Orchestrati Consumers ay it, Debit, ACH, Check, W o O d P n ) re ir Sports & (C e pti w Small Businesses ated Partners rate Cash Flo Tr Entertainment mize End Customers P ta & Business eas (G s-Through Insuranc C as LM ury Solution D Insights apping, R
Slide 8: Recent Business Updates
Recent Business Updates 1 August 2025 2 August 2025 3 October 2025 Residual Financing Facility Priority acquired the revenue Priority secured a $50 million Priority acquired certain assets of agreements and customer delayed draw term loan facility DMSJV, LLC (“Dealer Merchant relationships of Boom C
Slide 9: Third Quarter 2025 Financial Results
Third Quarter 2025 Financial Results prioritycommerce.com 9
Slide 10: Continued Shift to High Value Segments
Continued Shift to High Value Segments % of Adj. Gross Profit from Payables & Treasury Solutions1,2 Payables and Treasury Solutions Treasury Solutions Payables 62% 61% 59% 60% segments represented 62% of LTM 57% 56% 8% 8% 8% Adj Gross Profit 54% 7% 7% 50% 7% 7% 46% 5% Contributed to ~140 bps of
Slide 11: Merchant Solutions Highlights – Q3 2025
Merchant Solutions Highlights – Q3 2025 Revenue Adj. Gross Profit1 Adj. EBITDA1 $161.9MM $35.5MM $27.7MM +2% YoY (0%) YoY | 21.9% Margin (3%) YoY | 17.1% Margin Q3 2025 Segment Highlights ➔ Revenue growth driven by combination of 4% growth in core portfolio and Boom acquisition partially offset by l
Slide 12: Payables Highlights – Q3 2025
Payables Highlights – Q3 2025 Revenue Adj. Gross Profit1 Adj. EBITDA1 $25.2MM $7.2MM $3.5MM +14% YoY +14% YoY | 28.5% Margin +79% YoY | 13.7% Margin Q3 2025 Segment Highlights ➔ Revenue growth driven by 21% increase in Supplier-Funded revenues and 12% increase in Buyer-Funded revenues ➔ Adjusted Gro
Slide 13: Treasury Solutions Highlights – Q3 2025
Treasury Solutions Highlights – Q3 2025 Revenue Adj. Gross Profit1 Adj. EBITDA1 $55.7MM $52.1MM $46.7MM +18% YoY +18% YoY | 93.6% Margin +14% YoY | 83.8% Margin Q3 2025 Segment Highlights ➔ CFTPay Avg Monthly New Enrollments of 61K contributed to 27% increase in Billed Clients to 1.1MM ➔ Growth in a
Slide 14: Consolidated Operating Expenses – Q3 2025
Consolidated Operating Expenses – Q3 2025 Salaries & Benefits SG&A Depreciation & Amortization $26.1MM $15.7MM $15.1MM +20% YoY +27% YoY +10% YoY Q3 2025 Segment Highlights ➔ Higher Salaries & Benefits driven by higher stock-based comp and acquisition-related headcount additions ➔ Increase in SG&A e
Slide 15: Capital Structure Highlights
Capital Structure Highlights Outstanding Debt Key Updates and Highlights Balance as of June 30, 2025 $935.5 Closed DMS acquisition on 10/1/2025 and upsized Term (+/-) Net Revolver Borrowings -- Loan by $35 million (+/-) Net Term Loan Borrowings $64.5 Balance as of September 30, 20251 $1,000.0 Pr
Slide 16: Revised 2025 Financial Guidance
Revised 2025 Financial Guidance $950 – $965MM $370 – $380MM $223 – $228MM (8-10% Growth) Total Revenue Adj. Gross Profit1 Adj. EBITDA1 2025 guidance reflects Merchant Solutions’ Q4 organic growth in MSD plus acquisitions 1 Adjusted Gross Profit, Adjusted Gross Profit margin, Adjusted EBITDA and Adju
Slide 17: Appendix
Appendix prioritycommerce.com 17
Slide 18: Appendix – Adjusted Gross Profit Reconciliation
Appendix 1 – Adjusted Gross Profit1 Reconciliation The reconciliation of adjusted gross profit to its most comparable GAAP measure is provided below: (in Millions) (in Millions) Three Months Ended September 30, 2025 Three Months Ended September 30, 2024 Merchant Treasury Merchant Treasury Payables E
Slide 19: Appendix – Adjusted EBITDA Reconciliation
Appendix 2 – Adjusted EBITDA1 Reconciliation The reconciliation of adjusted EBITDA to its most comparable GAAP measure is provided below: (in Millions) (in Millions) Three Months Ended September 30, 2025 Three Months Ended September 30, 2024 Merchant Treasury Merchant Treasury Payables Eliminations
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