Paysign, Inc.
PAYS Nasdaq· Services-Business Services, Nec
Last close · Oct 23, 2026
$14.92
KIRA · Stoqly’s AI analyst, in plain words
- Paysign, Inc. had $82.0M of revenue in fiscal 2025, up 40.5% on the year before. Over five years, revenue changed +27.7% a year on average.
- Its operating margin was 9.0%, up 7.2 pts: of every 100 in sales, about 9 is left after running the business.
- Paysign, Inc. made $7.6M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 17.7% a year.
- Free cash flow was $51.2M in fiscal 2025, 62.5% of revenue.
- Paysign, Inc. returned $0.4M to shareholders in fiscal 2025, 1% of free cash flow. The diluted share count rose 7.3%.
- Paysign, Inc. has $157M more cash than debt.
Market cap
$925M
P/E
57.4x
Revenue
$82.0M
Net income
$7.6M
Free cash flow
$51.2M
Operating margin
9.0%
Paysign, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+40.5%
Yes. Sales grew 40.5% last year.
Does it make a profit?
9.2%
A little. It keeps 9.2% of every sale as profit.
Does profit turn into cash?
62.5%
Yes. 62.5% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
57.4x
One share costs 57.4 times its yearly profit per share.
What Paysign, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 25, 2026
- Legal name
- Paysign, Inc.
- CIK
- 0001496443
Paysign, Inc. · PAYS
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $29.5M | $38.0M | $47.3M | $58.4M | $82.0M |
| Revenue growth | 22.2% | 29.1% | 24.3% | 23.5% | 40.5% |
| Gross margin | 49.9% | 55.1% | 51.1% | 55.1% | 59.4% |
| Operating margin | −9.3% | 0.9% | −0.4% | 1.7% | 9.0% |
| Net income | −$2.7M | $1.0M | $6.5M | $3.8M | $7.6M |
| Net margin | −9.2% | 2.7% | 13.7% | 6.5% | 9.2% |
| Diluted EPS | −$0.05 | $0.02 | $0.12 | $0.07 | $0.13 |
| Cash | |||||
| Cash from operations | $15.2M | $25.3M | $27.6M | $22.9M | $52.5M |
| Capital expenditure | $0.3M | $0.1M | $0.3M | $0.4M | $1.2M |
| Free cash flow | $14.9M | $25.2M | $27.4M | $22.5M | $51.2M |
| FCF margin | 50.6% | 66.3% | 57.9% | 38.6% | 62.5% |
| Share buybacks | — | $0.0M | $1.1M | $0.5M | $0.4M |
| Share count change | 3.5% | 3.8% | 2.3% | 2.6% | 7.3% |
| Debt and strength | |||||
| Cash and short-term investments | $7.4M | $89.9M | $109M | $122M | $165M |
| Debt incl. finance leases | — | — | — | $0.0M | $8.0M |
| Shareholders' equity | $13.0M | $16.3M | $24.5M | $30.4M | $48.5M |
| Net debt / EBITDA | — | — | — | −17.4x | −10.0x |
| Current ratio | 1.1x | 1.1x | 1.1x | 1.1x | 1.1x |
| Returns and quality | |||||
| Return on equity | −20.8% | 7.0% | 31.7% | 13.9% | 19.1% |
| Return on tangible equity | −30.6% | 9.7% | 41.2% | 21.0% | 34.9% |
| Piotroski F-score | 4 | 6 | 4 | 6 | 6 |
| Altman Z'' | 0.4 | 0.7 | 0.7 | 0.9 | 1.1 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$8.3M
8 insiders
Of sales under plans
68%
$5.6M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Paysign, Inc. · PAYS
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $14.92 a share, the company is worth $925M: 57.4 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001496443). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.