Paysign, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $82.0M | $58.4M | $47.3M | $38.0M | $29.5M |
| Cost of revenue | $33.3M | $26.2M | $23.1M | $17.1M | $14.8M |
| Gross profit | $48.7M | $32.2M | $24.1M | $21.0M | $14.7M |
| Selling, general & administrative | $33.0M | $25.2M | $20.3M | $17.7M | $15.0M |
| Operating expenses | $41.4M | $31.2M | $24.3M | $20.6M | $17.5M |
| Operating income | $7.4M | $1.0M | -$167,255 | $344,335 | -$2.7M |
| Pretax income | $10.0M | $4.1M | $2.4M | $1.1M | -$2.7M |
| Income tax expense | $2.5M | $322,290 | -$4.1M | $107,477 | $10,198 |
| Net income | $7.6M | $3.8M | $6.5M | $1.0M | -$2.7M |
| Balance Sheet | |||||
| Cash and equivalents | — | — | — | — | $7.4M |
| Current assets | $240.1M | $158.8M | $129.2M | $97.7M | $74.3M |
| Total assets | $276.3M | $179.0M | $146.6M | $108.2M | $84.1M |
| Current liabilities | $216.3M | $146.1M | $119.2M | $88.6M | $67.4M |
| Total liabilities | $227.8M | $148.6M | $122.1M | $92.0M | $71.1M |
| Stockholders' equity | $48.5M | $30.4M | $24.5M | $16.3M | $13.0M |
| Cash Flow Statement | |||||
| Cash from operations | $52.5M | $22.9M | $27.6M | $25.3M | $15.2M |
| Depreciation and amortization | $8.3M | $6.0M | $4.0M | $2.9M | $2.5M |
| Stock-based compensation | $4.3M | $2.6M | $2.9M | $2.3M | $2.3M |
| Capital expenditure | $1.2M | $434,901 | $262,556 | $105,186 | $328,566 |
| Free cash flow | $51.2M | $22.5M | $27.4M | $25.2M | $14.9M |
| Share repurchases | $375,786 | $495,045 | $1.1M | $0 | — |
| Impairments | — | — | — | — | $0 |
Shares outstanding 55.9M · Free float 45.1%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.