PaySign, Inc. (PAYS) Income Statement
PAYS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPAYS revenue and net income
Where PAYS's revenue goes
2025Each bar shows an amount and its share of revenue. PAYS kept 9.2% of revenue as net income.
PAYS profit margins
PAYS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +40.5% | +29.2% | +27.7% | +26.0% |
| Gross profit | +25.5% | +24.5% | +34.1% | +25.7% |
| Operating income | +609.1% | +176.1% | — | — |
| Net income | +97.9% | +94.4% | — | — |
| EPS (diluted) | +85.7% | +86.6% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PAYS quarterly EPS vs estimates
PaySign beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 9, 2026 (estimate $0.10).
PAYS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $82.0M | $58.4M | $47.3M | $38.0M | $29.5M | $24.1M | $34.7M | $23.4M | $15.2M | $10.4M |
| Cost of revenue | $41.6M | $26.2M | $23.1M | $17.1M | $14.8M | $14.8M | $15.4M | $12.0M | $8.5M | $5.2M |
| Gross profit | $40.4M | $32.2M | $24.1M | $21.0M | $14.7M | $9.3M | $19.2M | $11.4M | $6.7M | $5.2M |
| Research & development | — | — | — | — | — | — | — | $0 | — | — |
| Sales, general & admin | $33.0M | $25.2M | $20.3M | $18.2M | $15.8M | $15.1M | $11.7M | $7.8M | $4.1M | $3.3M |
| Total operating expenses | $33.2M | $31.2M | $24.3M | $20.6M | $17.5M | $17.6M | $13.1M | $8.9M | $4.9M | $3.9M |
| Operating income | $7.2M | $1.0M | −$167,255 | $344,335 | −$2.7M | −$8.3M | $6.1M | $2.5M | $1.8M | $1.4M |
| Interest income | $2.7M | $3.1M | $2.2M | $790,917 | $28,297 | $90,720 | $441,116 | $139,738 | $0 | $0 |
| Interest expense | — | — | — | $790,917 | $28,297 | $759,904 | $442,689 | $0 | $31,623 | $77,107 |
| Income before taxes | $10.0M | $4.1M | $2.4M | $1.1M | −$2.7M | −$8.2M | $6.5M | $2.6M | $1.8M | $1.3M |
| Income taxes | $2.5M | $322,290 | −$4.1M | $107,477 | $10,198 | $894,182 | −$909,976 | $108,613 | $6,000 | −$103,148 |
| Net income | $7.6M | $3.8M | $6.5M | $1.0M | −$2.7M | −$9.1M | $7.5M | $2.6M | $1.8M | $1.4M |
| EBITDA | $18.4M | $10.1M | $6.4M | $2.8M | −$1.1M | −$5.8M | $8.0M | $3.6M | $2.6M | $1.9M |
| EPS (diluted) | $0.13 | $0.07 | $0.04 | $0.02 | −$0.06 | −$0.07 | $0.19 | $0.07 | $0.04 | $0.03 |
| Gross margin | 49.2% | 55.1% | 51.1% | 55.1% | 49.9% | 38.6% | 55.5% | 48.7% | 44.0% | 50.1% |
| Operating margin | 8.8% | 1.7% | −0.4% | 0.9% | −9.3% | −34.6% | 17.6% | 10.6% | 11.6% | 13.0% |
| Net margin | 9.2% | 6.5% | 13.7% | 2.7% | −9.2% | −37.9% | 21.5% | 11.0% | 11.8% | 13.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.3M | $28.0M | $22.8M | $21.6M | $19.1M | $18.6M | $15.6M | $15.3M | $14.3M | $13.2M | $13.7M | $12.4M |
| Cost of revenue | $10.4M | $12.5M | $11.8M | $9.4M | $7.3M | $6.9M | $6.4M | $6.8M | $6.7M | $6.3M | $6.5M | $6.1M |
| Gross profit | $17.9M | $15.6M | $10.9M | $12.2M | $11.8M | $11.7M | $9.2M | $8.5M | $7.6M | $6.9M | $7.1M | $6.3M |
| Sales, general & admin | $8.5M | $8.9M | $9.1M | $8.4M | $8.2M | $7.4M | $7.0M | $6.2M | $6.0M | $5.9M | $5.6M | $4.7M |
| Total operating expenses | $10.9M | $8.9M | $9.1M | $10.6M | $10.3M | $9.2M | $8.7M | $7.8M | $7.5M | $7.2M | $6.5M | $5.7M |
| Operating income | $7.0M | $6.7M | $1.9M | $1.6M | $1.4M | $2.5M | $464,334 | $689,849 | $125,677 | −$258,352 | $631,996 | $590,432 |
| Interest income | $894,203 | $800,863 | $639,391 | $663,666 | $605,160 | $762,198 | $771,273 | $800,715 | $813,357 | $731,344 | $730,683 | $615,324 |
| Interest expense | — | — | — | — | — | — | — | — | — | — | $584,197 | — |
| Income before taxes | $7.9M | $7.5M | $2.5M | $2.2M | $2.0M | $3.3M | $1.2M | $1.5M | $939,034 | $472,992 | $1.4M | $1.2M |
| Income taxes | $1.1M | $2.0M | $1.1M | $30,482 | $655,006 | $665,164 | −$137,265 | $53,727 | $241,932 | $163,896 | −$4.3M | $105,152 |
| Net income | $6.8M | $5.4M | $1.4M | $2.2M | $1.4M | $2.6M | $1.4M | $1.4M | $697,102 | $309,096 | $5.6M | $1.1M |
| EBITDA | $10.2M | $10.1M | $4.7M | $4.4M | $4.2M | $5.1M | $2.9M | $3.1M | $2.4M | $1.8M | $1.5M | $2.3M |
| EPS (diluted) | $0.11 | $0.09 | $0.02 | $0.04 | $0.02 | $0.05 | $0.02 | $0.03 | $0.01 | $0.01 | $0.03 | $0.02 |
| Gross margin | 63.3% | 55.6% | 48.0% | 56.3% | 61.6% | 62.9% | 58.9% | 55.5% | 52.9% | 52.6% | 52.2% | 51.1% |
| Operating margin | 24.8% | 23.8% | 8.1% | 7.3% | 7.5% | 13.4% | 3.0% | 4.5% | 0.9% | −2.0% | 4.6% | 4.8% |
| Net margin | 23.9% | 19.4% | 6.0% | 10.3% | 7.3% | 13.9% | 8.8% | 9.4% | 4.9% | 2.3% | 41.1% | 8.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PAYS's financial statements (latest annual report filed March 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PAYS financial results
In fiscal year 2025 (ended December 31, 2025), PaySign reported revenue of $82.0 million, up 40.5% from the year before. It had net income of $7.6 million (up 97.9%), a net profit margin of 9.2%. Diluted earnings per share came to $0.13. Over five years revenue grew at an average rate of 27.7% a year.
See the PAYS stock overview for the latest quote and news, or the PAYS chart for price history and technical indicators.
PAYS income statement FAQ
What is PaySign's annual revenue?
PaySign reported total revenue of $82.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 40.5% from $58.4 million the previous year.
Is PaySign profitable?
Yes. PaySign reported net income of $7.6 million in fiscal 2025, a net profit margin of 9.2%; its operating margin was 8.8%.
What is PaySign's gross margin?
PaySign's gross margin was 49.2% in fiscal 2025: for every $100 of revenue, PaySign kept $49 after the direct cost of its products and services.
How fast is PaySign growing?
Revenue grew 27.7% a year on average over the last five fiscal years, from $24.1 million to $82.0 million.
What are PaySign's earnings per share?
PaySign earned $0.13 per diluted share in fiscal 2025, compared with $0.07 a year earlier.
When will PaySign report its next earnings?
PaySign is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 after the market closes.
When does PaySign's fiscal year end?
PaySign's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 25, 2026.