Paysign (NASDAQ:PAYS) Announces Earnings Results

Paysign (NASDAQ:PAYS) posted its earnings results on Wednesday. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.05, FiscalAI reports. The business had revenue of $28.25 million for the quarter, compared to analysts’ expectations of $26.36 million. Paysign had a net margin of 11.38% and a return on equity of 21.74%. Paysign updated its FY 2026 guidance to 0.350-0.370 EPS and its Q3 2026 guidance to 0.090-0.100 EPS.

Here are the key takeaways from Paysign’s conference call:

• Record second-quarter results included revenue of $28.3 million, up 48% year over year, net income of $6.8 million, and adjusted EBITDA of $9.6 million, up 113%; gross margin expanded to 63.3%.
• Patient Affordability remained the primary growth engine, with revenue rising 89% to $14.6 million, claims increasing approximately 54%, and active programs reaching 148, up from 97 a year ago. Management expects to match or exceed 55 net program additions in 2026 and sees a substantial addressable market.
• The plasma business showed recovery, with revenue up 21.4% to $13 million and monthly revenue per center reaching $7,699, its highest level since the third quarter of 2024. Management said the prior inventory overhang has largely normalized, although the center count declined to 561 after closures.
• Paysign raised its full-year 2026 outlook to revenue of $114 million-$117 million, gross margin of 62%-63%, GAAP net income of $21.5 million-$23 million, and adjusted EBITDA of $35 million-$38 million. The company ended the quarter with $27.4 million in unrestricted cash and no bank debt.
• Management expects fourth-quarter profitability to be weaker than the third quarter because of seasonal mix, holiday-related software capitalization effects, higher expected taxes, and planned hiring to support continued Patient Affordability growth. Full-year GAAP earnings also include a one-time, non-cash $990,000 benefit tied to the Gamma acquisition earn-out liability.

Paysign Stock Up 3.3%

NASDAQ:PAYS traded up $0.31 on Wednesday, hitting $9.59. The stock had a trading volume of 787,208 shares, compared to its average volume of 502,807. The business’s 50-day simple moving average is $8.09 and its two-hundred day simple moving average is $6.00. The stock has a market cap of $536.18 million, a price-to-earnings ratio of 54.59 and a beta of 0.74. Paysign has a 52-week low of $3.08 and a 52-week high of $9.60.

Insider Activity

In other news, CEO Mark Newcomer sold 50,000 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $9.38, for a total value of $469,000.00. Following the transaction, the chief executive officer owned 9,222,027 shares in the company, valued at $86,502,613.26. This represents a 0.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Joan M. Herman sold 100,000 shares of the stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $8.01, for a total transaction of $801,000.00. Following the completion of the transaction, the executive vice president owned 707,009 shares in the company, valued at $5,663,142.09. This trade represents a 12.39% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 221,736 shares of company stock valued at $1,803,479 in the last quarter. 24.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Topline Capital Management LLC increased its stake in shares of Paysign by 1.6% in the 2nd quarter. Topline Capital Management LLC now owns 5,421,737 shares of the company’s stock worth $39,037,000 after purchasing an additional 85,591 shares in the last quarter. Vanguard Group Inc. lifted its position in Paysign by 1.6% during the third quarter. Vanguard Group Inc. now owns 1,820,371 shares of the company’s stock valued at $11,450,000 after purchasing an additional 29,150 shares in the last quarter. Renaissance Technologies LLC lifted its position in Paysign by 15.7% during the fourth quarter. Renaissance Technologies LLC now owns 1,303,772 shares of the company’s stock valued at $6,714,000 after purchasing an additional 177,350 shares in the last quarter. Geode Capital Management LLC grew its holdings in Paysign by 1.6% during the second quarter. Geode Capital Management LLC now owns 788,500 shares of the company’s stock valued at $5,679,000 after purchasing an additional 12,490 shares during the period. Finally, Punch & Associates Investment Management Inc. bought a new stake in Paysign during the third quarter valued at about $3,477,000. Hedge funds and other institutional investors own 25.89% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on PAYS shares. Barrington Research set a $11.00 price objective on shares of Paysign in a report on Monday. Weiss Ratings upgraded shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. DA Davidson reaffirmed a “buy” rating and issued a $9.00 target price on shares of Paysign in a research report on Wednesday, May 13th. Finally, Wall Street Zen lowered shares of Paysign from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $10.33.

Paysign Company Profile

Paysign, Inc (NASDAQ:PAYS) is a U.S.-based financial technology company specializing in prepaid payment solutions. Through its cloud-based platform, the company enables corporations, government agencies and payroll providers to issue and manage stored-value cards, digital wallets and disbursement programs. Paysign’s offerings span gift and incentive cards, payroll and earned-wage access cards, government benefit distribution, tax refund solutions and health savings account disbursements.

The company’s flagship Paysign Experience Platform provides configurable card programs with real-time transaction reporting, fraud monitoring and regulatory compliance tools.