Paysign
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Paysign (PAYS) investor relations material

Paysign Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary9 Nov, 2026

Executive summary

  • Q3 2026 revenue reached a record $30.80M, up 42.6% YoY; patient affordability growth lifted margins and earnings.

  • 9M revenue grew 46.9% to $87.1M and net income rose to $18.9M from $6.2M.

  • FY26 revenue guidance remained $114M–$117M while profitability guidance increased; a planned 113-center plasma transition is expected to weigh on Q4 and 2027 results.

Financial highlights

  • Q3 gross profit was $19.92M, up 63.9% YoY; operating income rose to $7.32M from $1.58M and diluted EPS was $0.11 versus $0.04.

  • GAAP net income increased to $6.74M from $2.22M; Adjusted EBITDA rose 118% to $10.98M from $5M.

  • 9M gross profit increased 57.4% to $56.0M and operating income rose to $21.0M from $5.5M; adjusted 9M EBITDA was $31.2M versus $14.5M.

  • Q3 operating expenses increased 19.2% to $12.60M; SG&A rose 22.8% to $10.29M, including $1.4M of stock-based compensation.

Outlook and guidance

  • FY26 revenue outlook remained $114M–$117M; gross margin guidance was 63.5%–64.5%, GAAP net income $23M–$24M, diluted EPS $0.37–$0.38 and Adjusted EBITDA $38.5M–$40M.

  • Year-end targets are 190–195 active patient affordability programs and 445–450 plasma centers; management expects 59–64 program additions in 2026.

  • Patient affordability growth and planned launches are expected to sustain growth into 2027; the 113-center transition is expected to reduce Q4 revenue by $1.5M and gross profit by $700K.

  • FY26 tax rate was expected at 21.3%; forecasted revenue and cash flows supported expected liquidity for at least 24 months, through Q3 2028.

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Frequently asked questions

PaySign, Inc. provides prepaid card products and processing services under the PaySign brand for corporate, consumer, and government applications in the United States and internationally. The company offers its prepaid card services to customer merchants; and its processor services to payment service providers (PSPs), independent sales organizations (ISOs), and merchant acquirers in traditional bank branches, retail stores, call centers, agent locations, online, mobile devices, and office environments. PaySign, Inc serves financial institutions including banks; credit unions; payment processors comprising check cashing companies, money transmitters, money orders providers; prepaid debit card issuers; government agencies; universities; global non-profit organizations; retailers of all sizes; and corporations of all sizes. Its prepaid card services include gift cards, network-branded prepaid cards, private label cards, payroll cards, health benefit cards that can be used as debit cards in addition to insurance claims payment cards processed through the Automated Clearing House (ACH) system.