Paymentus Holdings, Inc.
PAYUSPaymentus Holdings, Inc. delivers cloud-native technological solutions aimed at streamlining bill payments. Through its Software-as-a-Service (SaaS) platform, the company equips organizations (referred to as "billers") with services for electronic bill presentation, digital payment processing, enhanced enterprise customer communication, and self-service revenue collection. Its clientele spans a broad spectrum of industries, including utility providers, financial institutions, insurance companies, government agencies, telecommunications firms, and healthcare organizations. The company was founded in 2004 and is based in Redmond, Washington.
Founded2004IPO year2021As of2026-08-04
Market Cap
$5.66B
Enterprise Value
$5.29B
EV / LTM Revenue
4.4x
EV / NTM Revenue
3.3x
Trading multiples
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
LTM
trailing
NTM
forward
Revenue
3.3x
Gross Profit
13.3x
EBITDA
44.2x
Classification
- Sector
- Fintech
- Sub-sector
- Payments
- Listing
- PAY
- Country
- US
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | 26% | 24% | 42% | 37% | 20% | 18% |
| Revenue | $396M | $497M | $614M | $872M | $1.20B | $1.43B | $1.69B |
| Gross Profit | $121M | $150M | $182M | $238M | $296M | — | — |
| Gross Profit Margin | 30.7% | 30.1% | 29.7% | 27.3% | 24.8% | — | — |
| EBITDA | $24M | $23M | $56M | $90M | $126M | $108M | $127M |
| EBITDA Margin | 6.1% | 4.6% | 9.1% | 10.4% | 10.6% | 7.5% | 7.5% |
| EBIT | $10M | ($3M) | $18M | $45M | $76M | $57M | $67M |
| Net Income | $9M | ($0.51M) | $22M | $44M | $67M | $104M | $130M |
| Free Cash Flow | ($0.92M) | ($11M) | $35M | $27M | $152M | — | — |
| FCF Margin | -0.2% | -2.3% | 5.6% | 3.1% | 12.7% | — | — |
| Short-Term Debt | $0M | $0M | $0M | $0M | $2M | — | — |
| Long-Term Debt | $0M | $0M | $0M | $0M | $5M | — | — |
| Cash & Cash Equivalents | $168M | $147M | $179M | $206M | $325M | — | — |
| Net Debt | ($168M) | ($147M) | ($179M) | ($206M) | ($318M) | — | — |
| Net Debt / EBITDA | -7.0x | -6.5x | -3.2x | -2.3x | -2.5x | — | — |
| Rule of 40 | — | 23.4% | 29.3% | 45.0% | 50.0% | — | — |
Figures in $M. True calendar years (Jan–Dec) built from quarterly data — income & cash-flow lines summed across the four quarters, balance sheet as of year-end. E columns are calendarized analyst consensus — gross profit, cash flow and balance-sheet lines are not estimated. Net debt = short-term debt + long-term debt − cash & cash equivalents; Rule of 40 = YoY revenue growth + FCF margin.