Repay Holdings Corporation Earnings Recaps
Q1 2026
May 5, 2026
Shares fell 7.5% following Repay Holdings' earnings as investors reacted negatively to signs of deceleration in Consumer Payments growth and a cautious outlook driven by ongoing integration risks related to the Kubra acquisition.
Key takeaways
- Revenue grew 4% year-over-year in Q1, reflecting a slowdown compared to stronger 18% growth in the Business Payments segment.
- Adjusted EBITDA margins were approximately 43%, supported by operational efficiencies and automation initiatives.
- Consumer Payments saw modest revenue gains driven by new enterprise clients and phased rollout of Voice AI, but growth momentum appears tepid.
- Business Payments continued solid momentum with 18% revenue growth, fueled by new software partners and an expanding supplier network (+70% year-over-year vendors).
- The acquisition of Kubra, expected to close in Q2 with fully committed financing, introduces integration risks and is viewed cautiously despite management optimism.
Q3 2025
Nov 11, 2025
Repay's Q3 2025 results show a return to profitable growth with 5% revenue and 1% gross profit growth, as strategic initiatives and partnerships bolster performance across its consumer and business payment segments.
Key takeaways
- Achieved 5% revenue growth and 1% gross profit growth year-over-year on a normalized basis, reflecting successful strategic execution.
- Adjusted EBITDA margin remained strong at 40%, while free cash flow conversion stood at 67%, supporting reinvestment in growth initiatives.
- Expanded partnership network to 291, adding five new software partners, including Alpha Systems and Fuze, to enhance market reach and service offerings.
- Business Payments segment reported a 12% increase in normalized gross profit, driven by robust accounts payable platform performance and increased supplier network, now at over 540,000.
- Continued focus on automation and AI tools is expected to improve operational efficiency and accelerate future growth.