Paymentus Holdings, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.20B | $871.7M | $614.5M | $497.0M | $395.5M | $301.8M | $235.8M |
| Cost of Revenue | $900.2M | $633.6M | $432.1M | $347.3M | $274.1M | $209.1M | $161.3M |
| Gross Profit | $296.3M | $238.2M | $182.3M | $149.7M | $121.4M | $92.6M | $74.4M |
| Gross Margin | 24.8% | 27.3% | 29.7% | 30.1% | 30.7% | 30.7% | 31.6% |
| Operating Expenses | |||||||
| Research & Development | $61.5M | $51.3M | $44.2M | $41.2M | $34.1M | $24.5M | $17.9M |
| SG&A Expense | $47.4M | $36.9M | $36.0M | $38.1M | $33.0M | $17.8M | $10.2M |
| Operating Income | $75.5M | $44.9M | $18.1M | $-3.0M | $10.4M | $18.4M | $18.4M |
| Operating Margin | 6.3% | 5.1% | 2.9% | -0.6% | 2.6% | 6.1% | 7.8% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $85.3M | $53.9M | $25.1M | $-1.3M | $10.4M | $18.4M | $18.5M |
| Income Tax Expense | $18.3M | $9.8M | $2.8M | $-795.0K | $1.1M | $4.7M | $4.8M |
| Net Income | $66.9M | $44.2M | $22.3M | $-513.0K | $9.3M | $13.7M | $13.7M |
| Net Margin | 5.6% | 5.1% | 3.6% | -0.1% | 2.4% | 4.5% | 5.8% |
| EPS (Basic) | $0.53 | $0.36 | $0.18 | $0.00 | $0.06 | $0.08 | $0.09 |
| EPS (Diluted) | $0.52 | $0.35 | $0.18 | $0.00 | $0.06 | $0.08 | $0.08 |
| Shares Outstanding (Basic) | 125.2M | 124.4M | 123.5M | 122.1M | 112.8M | 103.5M | 103.5M |
| Shares Outstanding (Diluted) | 129.1M | 127.7M | 125.1M | 122.1M | 118.8M | 106.2M | 106.4M |
| Dividends Per Share | — | — | — | — | — | — | — |