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Usio, Inc. (USIO) stock

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NASDAQ: USIO Nasdaq Transaction & Payment Processing Services Next results ~November 11, 2026

C Fundamentals grade

Usio, Inc. is a US-listed company in the transaction & payment processing services industry. Its financial year ends in December.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 16 sales by directors and officers, last 12 monthsInsider trades
  • Funds15 adding, 10 cuttingOf 3 active managers that changed their stake, 1 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Usio files

Where Usio stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $93m, up 10.4% on a year earlier, faster than the 5.8% growth a quarter earlier. The diluted share count is up 2.4% on a year earlier, which dilutes existing holders.

Our model value for Usio is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 12, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 11, 2026 (estimated)

Usio, Inc.'s trailing-twelve-month revenue grew 10.4% year on year, with a free-cash-flow margin of -0.3%. Where it stands out: change in growth rate of +4.6pp ranks 4 of 30 transaction & payment processing services companies we cover. Where it lags: change in share count of 2.4% ranks 22 of 26 transaction & payment processing services companies we cover.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 250% in the quarter to 2026-06-30, the 2nd beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Growth speeding up. The growth rate is 4.6 points higher than a quarter earlier.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 750.0% over 90 days.

Things to watch

  • Loss-making. Operating margin is -1.2%: costs exceed revenue.
  • Burning cash. Free cash flow was -0.3% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 2.4% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 61% and a beta of 1.0 against the S&P 500.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q2

Filed August 12, 2026
Earnings per share
$0.01 against an average estimate of -$0.01: beat by 249.9%
Revenue
$24m, up 18.6% on a year earlier
Share reaction
+16.1% in the first session after the results on August 12, 2026, against +0.9% for the S&P 500
Next report
November 11, 2026; average EPS estimate $0.02

Usio's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-3.1%
  • 1 week-8.7%
  • 1 month-3.4%
  • This year+108.1%
  • 1 year+92.5%
  • 5 years-55.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$92.6M
Operating margin
-1.2%
Net margin
-1.6%
EPS (TTM, diluted)
$-0.05

Growth

Revenue growth
+10.4%
Change in growth rate
+4.6 pts
Share count change
+2.4%

Earnings

Last results
August 12, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

No model value for Usio, Inc. at the moment. Current status: no valuation model gives a value we can rate yet. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: no valuation model gives a value we can rate yet.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Usio, Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 9%: the 10-year Treasury yield (4.9%) plus a beta of 0.9 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$0.0 ~$0.5–$2.7 Left out: out of range vs price (0.01x)
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Usio, Inc. with asset managers, brokers and exchanges in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

27 /100

Weak moat

How hard Usio's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -2.2% of total assets over 10 years.

  • Pricing power 9 / 20

    Gross margin has been a median 22.7%, moving by 0.9 percentage points (standard deviation) across 9 years.

  • Durability 10 / 20

    Operating margin has been a median -4.5%; its worst year was -19.0%.

  • Cash conversion 4 / 20

    Free cash flow was positive in 4 of 10 years, at a median -3.6% of revenue.

  • Discipline 9 / 20

    The diluted share count rose 110.0% over five years; stock-based pay has been a median 3.0% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (32 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 11, 2026, after the close. Analysts expect revenue of $24m and EPS of $0.02 (range $0.00 to $0.04) for the quarter.

Analysts' consensus

Usio, Inc.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $0.09 +194% $98m +15%
Next $0.17 +100% $110m +12%

Next year's EPS estimate has moved +750.0% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −737.7% on 90 days ago. In the last 30 days, 1 analyst raised Usio, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Usio, Inc., last 90 days
−$0.05 $0.00 $0.05 $0.10 $0.15 $0.20 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.01 Current fiscal year, 60 days ago: −$0.01 Current fiscal year, 30 days ago: $0.03 Current fiscal year, 7 days ago: $0.03 Current fiscal year, Now: $0.09 $0.09 Next fiscal year, 90 days ago: $0.02 Next fiscal year, 60 days ago: $0.02 Next fiscal year, 30 days ago: $0.07 Next fiscal year, 7 days ago: $0.07 Next fiscal year, Now: $0.17 $0.17

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.01$0.02
60 days ago −$0.01$0.02
30 days ago $0.03$0.07
7 days ago $0.03$0.07
Now $0.09$0.17

Earnings against estimates

Usio, Inc.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 −$0.01 $0.01 +249.9%
Mar 2026 −$0.02 $0.00 +100.0%
Dec 2025 $0.01 −$0.05 −1100.0%
Sept 2025 $0.01 −$0.02 −500.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026123
  2. Sep 2026123
  3. Aug 20261214

Counts of recommendations published by analysts covering Usio, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
0.2%
of tradable shares
Days to cover
0.23
at average volume
Short interest, 1 month
−8%
to October 15, 2026
Held by institutions
25%
of shares
Held by insiders
35.1%
of shares
Employees
107
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +92.5%

$1.47 on October 31, 2025 to $2.83

Usio, Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $84m $93m +10.4%
P/S multiple 0.5x 0.8x +78.7%
Share count 27m 28m −2.4%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years +46.6%

$1.93 on November 3, 2023 to $2.83

Usio, Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $78m $93m +18.7%
P/S multiple 0.6x 0.8x +43.6%
Share count 24m 28m −14.0%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Usio, Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
USIO+63%−62%+4%−15%−7%+108%
Industry peers (median)−19%−26%+8%+13%−26%+5%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
USIO58%25%50%42%42%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
USIO−47%−71%−34%−34%−51%−26%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 87% from November 24, 2021 to March 20, 2026. Getting back needed a 687% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.05 – $3.25
From 52-week high
−12.9%
vs 50-day average
+3.7%
vs 200-day average
+49.5%
Volatility (1 year)
61%
Beta vs S&P 500
0.96

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±9.1%
After a week
6 up, 6 down
typical move ±9.9%
After a month
4 up, 8 down
typical move ±9.9%
Usio, Inc.: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 12, 2026 +16.1% +0.9% +14.8% +9.9%
May 13, 2026 +24.2% +1.4% +19.5% +41.4%
March 18, 2026 −12.8% −1.6% −8.0% −2.4%
January 27, 2026 +2.2% +0.4% +4.4% −0.7%
November 12, 2025 −3.4% −1.6% −4.1% 0.0%
August 6, 2025 −17.9% +0.7% −14.7% −25.8%
May 14, 2025 −9.5% +0.6% −9.5% −12.7%
March 26, 2025 −5.5% −1.5% −8.5% −0.6%
November 6, 2024 +3.0% +3.3% +12.6% +1.5%
August 14, 2024 +2.7% +2.0% +1.4% −0.7%
May 15, 2024 +10.8% +1.0% +10.1% +10.8%
March 27, 2024 +0.6% +0.8% −10.7% −12.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Usio, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Usio, Inc.
$80M $85M $90M $95M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $82.6M Revenue (TTM), FY23 Q4: $84M Revenue (TTM), FY24 Q1: $83.5M Revenue (TTM), FY24 Q2: $82.2M Revenue (TTM), FY24 Q3: $82.5M Revenue (TTM), FY24 Q4: $82.9M Revenue (TTM), FY25 Q1: $84M Revenue (TTM), FY25 Q2: $83.9M Revenue (TTM), FY25 Q3: $83.7M Revenue (TTM), FY25 Q4: $85.4M Revenue (TTM), FY26 Q1: $88.9M Revenue (TTM), FY26 Q2: $92.6M $92.6M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $82.6M
FY23 Q4 $84M
FY24 Q1 $83.5M
FY24 Q2 $82.2M
FY24 Q3 $82.5M
FY24 Q4 $82.9M
FY25 Q1 $84M
FY25 Q2 $83.9M
FY25 Q3 $83.7M
FY25 Q4 $85.4M
FY26 Q1 $88.9M
FY26 Q2 $92.6M
Revenue growth, TTM YoY Usio, Inc.
-10% 0% 10% 20% 30% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 21.2% Revenue growth, TTM YoY, FY23 Q4: 21.0% Revenue growth, TTM YoY, FY24 Q1: 14.8% Revenue growth, TTM YoY, FY24 Q2: 5.4% Revenue growth, TTM YoY, FY24 Q3: -0.1% Revenue growth, TTM YoY, FY24 Q4: -1.3% Revenue growth, TTM YoY, FY25 Q1: 0.5% Revenue growth, TTM YoY, FY25 Q2: 2.1% Revenue growth, TTM YoY, FY25 Q3: 1.5% Revenue growth, TTM YoY, FY25 Q4: 3.0% Revenue growth, TTM YoY, FY26 Q1: 5.8% Revenue growth, TTM YoY, FY26 Q2: 10.4% 10.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 21.2%
FY23 Q4 21.0%
FY24 Q1 14.8%
FY24 Q2 5.4%
FY24 Q3 -0.1%
FY24 Q4 -1.3%
FY25 Q1 0.5%
FY25 Q2 2.1%
FY25 Q3 1.5%
FY25 Q4 3.0%
FY26 Q1 5.8%
FY26 Q2 10.4%
Operating margin (TTM) Usio, Inc.
-3% -2% -1% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -0.7% Operating margin (TTM), FY23 Q4: -0.6% Operating margin (TTM), FY24 Q1: -1.0% Operating margin (TTM), FY24 Q2: -1.5% Operating margin (TTM), FY24 Q3: -1.1% Operating margin (TTM), FY24 Q4: -1.8% Operating margin (TTM), FY25 Q1: -1.7% Operating margin (TTM), FY25 Q2: -1.9% Operating margin (TTM), FY25 Q3: -2.0% Operating margin (TTM), FY25 Q4: -2.8% Operating margin (TTM), FY26 Q1: -2.1% Operating margin (TTM), FY26 Q2: -1.2% -1.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -0.7%
FY23 Q4 -0.6%
FY24 Q1 -1.0%
FY24 Q2 -1.5%
FY24 Q3 -1.1%
FY24 Q4 -1.8%
FY25 Q1 -1.7%
FY25 Q2 -1.9%
FY25 Q3 -2.0%
FY25 Q4 -2.8%
FY26 Q1 -2.1%
FY26 Q2 -1.2%
FCF margin (TTM) Usio, Inc.
-50% 0% 50% 100% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 56.4% FCF margin (TTM), FY23 Q4: 3.2% FCF margin (TTM), FY24 Q1: 3.6% FCF margin (TTM), FY24 Q2: -29.6% FCF margin (TTM), FY24 Q3: -44.2% FCF margin (TTM), FY24 Q4: 3.3% FCF margin (TTM), FY25 Q1: 4.9% FCF margin (TTM), FY25 Q2: 4.0% FCF margin (TTM), FY25 Q3: 2.5% FCF margin (TTM), FY25 Q4: 1.3% FCF margin (TTM), FY26 Q1: 0.3% FCF margin (TTM), FY26 Q2: -0.3% -0.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 56.4%
FY23 Q4 3.2%
FY24 Q1 3.6%
FY24 Q2 -29.6%
FY24 Q3 -44.2%
FY24 Q4 3.3%
FY25 Q1 4.9%
FY25 Q2 4.0%
FY25 Q3 2.5%
FY25 Q4 1.3%
FY26 Q1 0.3%
FY26 Q2 -0.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Usio, Inc.: annual financial statements
Fiscal year 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 3 5 7 5 13 14 12 15 25 28 32 62 69 84 83 85 93
Gross profit — — — — — — — 4 6 6 7 16 15 20 20 20 21
EBITDA −1 0 1 −1 2 1 −0 −2 −2 −3 −2 2 −2 2 1 −0 0
Operating income −1 0 1 −1 2 1 −1 −3 −4 −5 −4 −0 −5 −0 −1 −2 −1
Net income −0 0 1 −1 4 1 −1 −3 −4 −5 −3 −0 −5 −0 3 −3 −2
Diluted EPS $0.00 $0.00 $0.15 −$0.15 $0.41 $0.08 −$0.15 −$0.33 −$0.31 −$0.39 −$0.19 −$0.02 −$0.27 −$0.02 $0.12 −$0.09 −$0.05
Growth (year on year)
Revenue — +83.8% +52.6% −29.5% +158.6% +7.4% −16.0% +20.7% +71.7% +12.7% +14.4% +92.1% +12.1% +21.1% −1.3% +3.0% +10.4%
EBITDA — — +271.1% −151.8% — −36.9% −131.8% — — — — — −199.6% — — — —
Operating income — — +272.9% −154.3% — −57.8% −243.7% — — — — — — — — — —
Net income — — +262.4% −161.9% — −73.5% −217.8% — — — — — — — — −176.0% −152.4%
Diluted EPS — — — −200.0% — −80.5% −287.5% — — — — — — — — −175.0% −151.1%
Margins
Gross margin — — — — — — — 25.9% 22.3% 21.1% 22.9% 25.2% 21.0% 23.9% 23.7% 23.1% 22.3%
EBITDA margin −22.4% 7.8% 19.0% −14.0% 17.1% 10.0% −3.8% −10.8% −7.6% −10.8% −6.9% 4.0% −3.6% 1.9% 1.0% −0.5% 0.4%
Operating margin −23.3% 7.7% 18.9% −14.6% 16.8% 6.6% −11.3% −19.5% −15.1% −18.0% −11.6% −0.3% −7.5% −0.5% −1.8% −2.8% −1.2%
Net margin −17.7% 7.3% 17.4% −15.2% 28.7% 7.1% −9.9% −20.6% −15.1% −18.1% −9.0% −0.5% −7.9% −0.6% 4.0% −2.9% −1.6%
Free-cash-flow margin 15.8% 49.9% 5.2% 446.2% 14.7% 9.1% 5.7% −9.0% −13.8% −15.5% 16.9% 46.0% −25.7% 3.2% 3.3% 1.3% −0.3%
Cash flow
Cash from operations 0 2 0 23 2 2 1 −1 −3 −4 6 30 −17 4 3 2 1
Capital spending 0 0 0 0 0 1 0 0 1 1 1 1 1 1 0 0 1
Free cash flow 0 2 0 23 2 1 1 −1 −3 −4 5 29 −18 3 3 1 −0
Stock-based pay 1 0 0 0 0 1 1 1 1 1 1 1 2 2 2 2 2
Free cash flow after stock pay −0 2 0 23 2 0 −1 −2 −5 −6 4 27 −20 0 1 −1 −2
Balance sheet
Cash 1 4 4 1 3 4 4 5 2 2 7 7 6 7 8 7 6
Total debt 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1
Net debt (negative = net cash) −1 −3 −4 −1 −3 −4 −4 −5 −2 −2 −7 −7 −6 −6 −7 −6 −5
Diluted shares 8m 9m 9m 6m 9m 12m 8m 9m 12m 13m 15m 20m 20m 26m 27m 27m 28m
Returned to shareholders
Buybacks 0 0 — — — 0 0 0 1 0 0 0 1 0 1 1 1
Total returned 0 0 — — — 0 0 0 1 0 0 0 1 0 1 1 1

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$729,223
Returned to shareholders
-307%
of free cash flow
Buybacks, last 3 fiscal years
$2.9M
Diluted share count
+2.4%
year over year
Total shareholder yield
0.9%
dividends 0.0% + buybacks 0.9% of market value
Sales & admin spending
20.0%
of revenue
Days sales outstanding
26 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in transaction & payment processing services
Growth, margins and cash generation against peers
Last 12 months unless stated USIO PAYS EXOD RPAY RSKD SEZL Median
Revenue, last 12 months $93m $101m $109m $338m $345m $532m $1.6bn
Revenue growth, last 12 months 10.4% 46.8% −14.2% 8.8% 5.2% 43.1% 9.3%
Revenue growth, 3-year average 5.9% 33.4% — 5.2% — 56.7% 7.9%
Revenue growth, latest quarter 18.6% 48.1% 1.6% 33.2% — 51.7% 14.0%
Gross margin 22.3% 61.0% — 73.5% 51.7% — 45.0%
Operating margin −1.2% 17.0% — −44.2% −9.9% 40.4% 9.8%
Operating margin, 3-year average −1.6% 8.8% — −36.4% — 33.3% 11.1%
Net margin −1.6% 15.7% −79.9% −49.6% −8.0% 30.4% 6.1%
Cash from operations / revenue 0.7% 74.4% −60.9% 33.3% 9.8% 51.8% 18.4%
Free-cash-flow margin −0.3% 73.0% −61.1% 32.6% 9.6% 51.6% 16.1%
Free-cash-flow margin, 3-year average −8.6% 54.9% −27.5% 37.6% — 34.0% 16.3%
Stock pay / revenue 1.8% 5.1% 14.8% 5.8% 15.0% 0.8% 2.2%
Change in share count 2.4% 10.6% — −99.9% −7.9% −1.7% −2.7%

Median of all 30 companies we cover in transaction & payment processing services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

30 transaction & payment processing services companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 10.4% 9.7% 14 of 30
Change in growth rate Growth +4.6pp -0.3pp 4 of 30
Operating margin Profitability -1.2% 9.8% 24 of 29
Net margin Profitability -1.6% 6.6% 24 of 30
Stock pay as % of revenue Cash generation 1.8% 2.3% 12 of 30
Change in share count Balance sheet 2.4% -1.7% 22 of 26

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Merchant Services $64.6M 75.6% ▲ 3.9%
Output Solutions $20.8M 24.4% ▲ 0.2%
Products and services
Line of business Revenue Share YoY
Credit Card Revenue $30M 35.1% ▲ 2.5%
ACH and Complementary Service Revenue $22.2M 26.0% ▲ 33.1%
Output Solutions $20.6M 24.2% ▲ 0.1%
Prepaid Card Services Revenue $11M 12.9% ▼ 21.8%
Ach and Complementary Service Interest Revenue $745,252 0.9% ▼ 5.6%
Prepaid Card Services Interest Revenue $615,442 0.7% ▼ 54.3%
Output Solutions Interest $170,950 0.2% ▲ 13.3%

From Usio, Inc.'s 10-K filed March 18, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$15.1M
Institutions reporting
33
Shares held vs prior quarter
▲ 2.4%
Positions opened / closed
6 / 1

Top buyers and sellers, Q2 2026: 15 institutions bought and 10 sold ; the biggest buyer was Stonebridge Wealth Management, LLC (+177K shares) and the biggest seller Citadel Advisors LLC (−109K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Whittier Trust Co $6.4M 2.7M 42.5% 0.0%
Vanguard Capital Management LLC $2.3M 917K 15.0% ▲ 1.7%
Perkins Capital Management Inc $1.7M 700K 11.5% ▼ 0.2%
Renaissance Technologies LLC $1.1M 437K 7.2% ▲ 9.1%
Geode Capital Management, LLC $457,697 185K 3.0% ▲ 54.9%
North Star Investment Management Corp. $446,400 180K 2.9% 0.0%
Stonebridge Wealth Management, LLC $439,168 177K 2.9% New
Blackrock, Inc. $277,184 112K 1.8% ▲ 21.5%
Vanguard Fiduciary Trust Co $260,832 105K 1.7% ▲ 0.8%
Rothschild Wealth LLC $197,656 80K 1.3% ▼ 7.0%
State Street Corp $190,437 77K 1.3% 0.0%
Citadel Advisors LLC $176,147 71K 1.2% ▼ 60.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Usio, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
National Services, Inc 10% owner March 10, 2026 Sell 10,000 $1.27 $12,700
National Services, Inc 10% owner March 10, 2026 Sell 10,000 $1.27 $12,700
National Services, Inc 10% owner March 9, 2026 Sell 8,860 $1.31 $11,607
National Services, Inc 10% owner March 9, 2026 Sell 8,860 $1.31 $11,607
National Services, Inc 10% owner March 6, 2026 Sell 6,697 $1.35 $9,041
National Services, Inc 10% owner March 5, 2026 Sell 2,787 $1.38 $3,846
National Services, Inc 10% owner January 27, 2026 Sell 5,922 $1.36 $8,054
National Services, Inc 10% owner January 26, 2026 Sell 4,502 $1.35 $6,078
National Services, Inc 10% owner January 23, 2026 Sell 8,961 $1.34 $12,008
National Services, Inc 10% owner January 22, 2026 Sell 7,484 $1.37 $10,253
National Services, Inc 10% owner January 21, 2026 Sell 7,512 $1.36 $10,216
National Services, Inc 10% owner January 20, 2026 Sell 10,000 $1.36 $13,600

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 2, 2026 estimated from the company's past filing pattern, not announced

  • August 12, 2026
  • May 13, 2026
  • March 18, 2026
  • January 27, 2026
  • November 12, 2025
  • August 6, 2025

Recent SEC filings

Data status

When each part of this page on Usio, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Usio, Inc. in brief

What does Usio, Inc. do?
Usio, Inc. is a US-listed company in the transaction & payment processing services industry. Its financial year ends in December.
What is Usio, Inc.'s stock ticker?
Usio, Inc. trades under the ticker USIO on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Usio, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Usio, Inc. reported revenue of $92.6M, 10.4% higher than a year earlier, according to its SEC filings.
What is Usio, Inc.'s free cash flow?
Usio, Inc.'s free-cash-flow margin is -0.3% of revenue over the trailing twelve months.
Who are Usio, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Whittier Trust Co, Vanguard Capital Management LLC and Perkins Capital Management Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Usio, Inc. buying back stock, and does it pay a dividend?
Usio, Inc. spent $729,223 on share repurchases over the trailing twelve months, and its diluted share count still rose 2.4% over the year.
What is Usio, Inc.'s market cap?
On November 2, 2026, Usio, Inc.'s market capitalisation was about $78M and net debt of -$5.1M. Market figures come from third-party market data and may be delayed.
Who are Usio, Inc.'s competitors?
In our Transaction & Payment Processing Services peer group, the companies closest to Usio, Inc. are Paysign, Inc., Exodus Movement, Inc., Repay Holdings Corp, Riskified LTD. and Sezzle Inc. The side-by-side comparison below sets their revenue, margins and growth against Usio, Inc.'s.
Are insiders buying or selling Usio, Inc. stock?
Over the last 12 months, Usio, Inc.'s directors and officers reported 0 open-market purchases and 16 sales on Form 4. The insider trading page charts every trade.
When is Usio, Inc.'s next earnings date?
Around November 11, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Usio, Inc. announces its own schedule.