Paysign, Inc. income statement
In fiscal 2025, Paysign, Inc. reported revenue of $82.0m, up 40.5% on the year before, operating income of $7.4m (a 9.0% margin) and net income of $7.6m, or $0.13 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 3 | 7 | 6 | 10 | 8 | 10 | 15 | 23 | 35 | 24 | 29 | 38 | 47 | 58 | 82 | 101 |
| Cost of revenue | 4 | 2 | 5 | 4 | 5 | 4 | 6 | 9 | 12 | 15 | 15 | 15 | 17 | 23 | 26 | 33 | 39 |
| Gross profit | 1 | 1 | 1 | 2 | 6 | 4 | 5 | 7 | 11 | 19 | 9 | 15 | 21 | 24 | 32 | 49 | 61 |
| Selling, general and administrative | 1 | 1 | 1 | 1 | 3 | 4 | 3 | 4 | 8 | 12 | 15 | 15 | 18 | 20 | 25 | 33 | 35 |
| Operating income | 0 | 0 | 1 | 1 | 3 | −0 | 1 | 2 | 2 | 6 | −8 | −3 | 0 | −0 | 1 | 7 | 17 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — |
| Net interest income | — | — | — | — | — | — | — | 0 | 0 | — | — | — | — | — | — | — | — |
| Income before tax | −0 | 0 | 2 | 1 | 3 | −3 | 1 | 2 | 3 | 7 | −8 | −3 | 1 | 2 | 4 | 10 | 20 |
| Income tax | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 1 | 0 | 0 | −4 | 0 | 2 | 4 |
| Net income | −0 | 0 | 2 | 1 | 3 | −2 | 1 | 2 | 3 | 7 | −9 | −3 | 1 | 6 | 4 | 8 | 16 |
| Diluted EPS | — | $0.00 | $0.05 | $0.01 | $0.06 | $0.00 | $0.03 | $0.04 | $0.05 | $0.14 | −$0.19 | −$0.05 | $0.02 | $0.12 | $0.07 | $0.13 | $0.25 |
| Diluted shares (average) | 35m | 35m | 40m | 42m | 42m | — | 44m | 48m | 52m | 55m | 49m | 51m | 53m | 54m | 56m | 60m | 62m |
| EBITDA | 0 | 0 | 1 | 1 | 3 | 0 | 2 | 3 | 4 | 8 | −6 | −0 | 3 | 4 | 7 | 16 | 26 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 16 | 19 | 19 | 22 | 23 | 28 | 28 |
| Cost of revenue | 7 | 6 | 7 | 7 | 9 | 10 | 10 | 10 |
| Gross profit | 8 | 9 | 12 | 12 | 12 | 13 | 18 | 18 |
| Selling, general and administrative | 6 | 7 | 7 | 8 | 8 | 9 | 9 | 9 |
| Operating income | 1 | 0 | 2 | 1 | 2 | 2 | 7 | 7 |
| Income before tax | 1 | 1 | 3 | 2 | 2 | 2 | 7 | 8 |
| Income tax | 0 | −0 | 1 | 1 | 0 | 1 | 2 | 1 |
| Net income | 1 | 1 | 3 | 1 | 2 | 1 | 5 | 7 |
| Diluted EPS | $0.03 | $0.03 | $0.05 | $0.02 | $0.04 | $0.03 | $0.09 | $0.11 |
| EBITDA | 2 | 2 | 4 | 4 | 4 | 4 | 9 | 9 |
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