Strong Financial Performance
Priority Technology Holdings reported a 9% increase in net revenue, a 13% increase in adjusted gross profit, and a 9% improvement in adjusted EBITDA for Q2 2025. Adjusted EPS increased by $0.15 year-over-year to $0.26.
Increase in Customer Accounts and Transaction Volume
The company ended Q2 2025 with over 1.6 million total customer accounts, up from 1.3 million in the previous quarter. Annual transaction volume increased by nearly $5 billion to $140 billion.
Revenue Growth in Key Segments
B2B revenue grew over 14%, and Enterprise revenue grew over 20% year-over-year, contributing to an overall margin expansion.
Successful Refinancing of Debt
Priority refinanced existing debt on favorable terms, including a $1 billion 7-year term loan, saving $7 million in annual interest expenses.
Revised Financial Guidance
The company narrowed its full-year revenue guidance to $970 million to $990 million and adjusted EBITDA to $222.5 million to $227.5 million, indicating confidence in continued growth.