# Paysign, Inc.: overview

PAYS · Nasdaq · CIK 1496443 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/pays.md) · [Financials](/companies/pays/financials.md) · [Filings](/companies/pays/filings.md) · [Insiders](/companies/pays/insiders.md)

Latest reported revenue: [$28.3m](/filings/0001683168-26-006021.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001683168-26-006021).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [15.3](/filings/0001683168-25-008281.md) | [15.6 d](/filings/0001683168-26-002180.md) | [18.6](/filings/0001683168-26-003762.md) | [19.1](/filings/0001683168-26-006021.md) | [21.6](/filings/0001683168-25-008281.md) | [22.8 d](/filings/0001683168-26-002180.md) | [28.0](/filings/0001683168-26-003762.md) | [28.3](/filings/0001683168-26-006021.md) |
| Gross margin | % | [55.5%](/filings/0001683168-25-008281.md) | [58.9% d](/filings/0001683168-26-002180.md) | [62.9%](/filings/0001683168-26-003762.md) | [61.6%](/filings/0001683168-26-006021.md) | [56.3%](/filings/0001683168-25-008281.md) | [57.7% d](/filings/0001683168-26-002180.md) | [65.0%](/filings/0001683168-26-003762.md) | [63.3%](/filings/0001683168-26-006021.md) |
| Operating margin | % | [4.5%](/filings/0001683168-25-008281.md) | [3.0% d](/filings/0001683168-26-002180.md) | [13.4%](/filings/0001683168-26-003762.md) | [7.5%](/filings/0001683168-26-006021.md) | [7.3%](/filings/0001683168-25-008281.md) | [8.1% d](/filings/0001683168-26-002180.md) | [23.8%](/filings/0001683168-26-003762.md) | [24.8%](/filings/0001683168-26-006021.md) |
| Net margin | % | [9.4%](/filings/0001683168-25-008281.md) | [8.8% d](/filings/0001683168-26-002180.md) | [13.9%](/filings/0001683168-26-006021.md) | [7.3%](/filings/0001683168-26-006021.md) | [10.3%](/filings/0001683168-25-008281.md) | [6.0% d](/filings/0001683168-26-002180.md) | [19.4%](/filings/0001683168-26-006021.md) | [23.9%](/filings/0001683168-26-006021.md) |
| Diluted EPS | $ per share | [0.03](/filings/0001683168-25-008281.md) | not reported | [0.05](/filings/0001683168-26-003762.md) | [0.02](/filings/0001683168-26-006021.md) | [0.04](/filings/0001683168-25-008281.md) | not reported | [0.09](/filings/0001683168-26-003762.md) | [0.11](/filings/0001683168-26-006021.md) |
| Free cash flow | $m | [(20.3) d](/filings/0001683168-25-008281.md) | [14.2 d](/filings/0001683168-26-002180.md) | [(6.1)](/filings/0001683168-26-003762.md) | [3.6 d](/filings/0001683168-26-006021.md) | [6.3 d](/filings/0001683168-25-008281.md) | [47.5 d](/filings/0001683168-26-002180.md) | [18.5](/filings/0001683168-26-003762.md) | [1.2 d](/filings/0001683168-26-006021.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [29.5](/filings/0001683168-23-001661.md) | [38.0](/filings/0001683168-24-001729.md) | [47.3](/filings/0001683168-25-001888.md) | [58.4](/filings/0001683168-26-002180.md) | [82.0](/filings/0001683168-26-002180.md) |
| Gross margin | % | [49.9%](/filings/0001683168-23-001661.md) | [55.1%](/filings/0001683168-24-001729.md) | [51.1%](/filings/0001683168-25-001888.md) | [55.1%](/filings/0001683168-26-002180.md) | [59.4%](/filings/0001683168-26-002180.md) |
| Operating margin | % | [(9.3%)](/filings/0001683168-23-001661.md) | [0.9%](/filings/0001683168-24-001729.md) | [(0.4%)](/filings/0001683168-25-001888.md) | [1.7%](/filings/0001683168-26-002180.md) | [9.0%](/filings/0001683168-26-002180.md) |
| Net margin | % | [(9.2%)](/filings/0001683168-23-001661.md) | [2.7%](/filings/0001683168-24-001729.md) | [13.7%](/filings/0001683168-25-001888.md) | [6.5%](/filings/0001683168-26-002180.md) | [9.2%](/filings/0001683168-26-002180.md) |
| Diluted EPS | $ per share | [(0.05)](/filings/0001683168-23-001661.md) | [0.02](/filings/0001683168-24-001729.md) | [0.12](/filings/0001683168-25-001888.md) | [0.07](/filings/0001683168-26-002180.md) | [0.13](/filings/0001683168-26-002180.md) |
| Free cash flow | $m | [14.9](/filings/0001683168-23-001661.md) | [25.2](/filings/0001683168-24-001729.md) | [27.4](/filings/0001683168-25-001888.md) | [22.5](/filings/0001683168-26-002180.md) | [51.2](/filings/0001683168-26-002180.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/pays/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Topline Capital Management, LLC](/funds/1792549.md) | 2026-06-30 | $38.0m | 4,639,061 |  | Unchanged |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $25.2m | 3,079,208 |  | Added +727,560 |
| [PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.](/funds/1238990.md) | 2026-06-30 | $17.0m | 2,073,580 |  | Added +15,370 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $13.1m | 1,597,278 |  | Added +111,420 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $8.8m | 1,073,783 |  | Reduced −457,289 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $8.6m | 1,045,645 |  | Added +217,556 |
| [Palisades Investment Partners, LLC](/funds/1427373.md) | 2026-06-30 | $8.2m | 1,000,758 |  | Added +6,862 |
| [ARROWSTREET CAPITAL, LIMITED PARTNERSHIP](/funds/1164508.md) | 2026-06-30 | $7.4m | 904,501 |  | Added +868,508 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $6.9m | 843,660 |  | Added +199,193 |
| [AWM Investment Company, Inc.](/funds/1535264.md) | 2026-06-30 | $6.6m | 800,965 |  | Added +415,000 |

## Recent filings

[All 501 filings](/companies/pays/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-06 | 11:56 ET | [10-Q](/filings/0001683168-26-006021.md) | Quarterly report, period 2026-06-30 | 0001683168-26-006021 |
| 2026-08-05 | 20:05 ET | [8-K](/filings/0001683168-26-005988.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001683168-26-005988 |
| 2026-05-13 | 11:36 ET | [10-Q](/filings/0001683168-26-003762.md) | Quarterly report, period 2026-03-31 | 0001683168-26-003762 |
| 2026-05-13 | 23:29 ET | [8-K](/filings/0001683168-26-003748.md) | 5.07 Shareholder vote results | 0001683168-26-003748 |
| 2026-05-12 | 20:05 ET | [8-K](/filings/0001683168-26-003722.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001683168-26-003722 |
| 2026-03-26 | 11:33 ET | [DEF 14A](/filings/0001683168-26-002222.md) | Proxy statement, period 2026-03-27 | 0001683168-26-002222 |
| 2026-03-25 | 12:05 ET | [10-K](/filings/0001683168-26-002180.md) | Annual report, period 2025-12-31 | 0001683168-26-002180 |
| 2026-03-24 | 20:10 ET | [8-K](/filings/0001683168-26-002168.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001683168-26-002168 |
| 2025-11-13 | 12:17 ET | [10-Q](/filings/0001683168-25-008281.md) | Quarterly report, period 2025-09-30 | 0001683168-25-008281 |
| 2025-11-12 | 22:09 ET | [8-K](/filings/0001683168-25-008270.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001683168-25-008270 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001683168-26-002180.md), filed Mar 25, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/f9599b6f-5f5d-43a3-ac9e-686592b77b65)

## About the filer

- CIK: 1496443
- Tickers: PAYS
- Exchange: Nasdaq
- SIC code: 7389 Services-Business Services, NEC
- State of incorporation: NV
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:41 ET. No prices; not investment advice.
