Priority Technology Holdings (PRTH)
NASDAQ:PRTH
Want to see PRTH full AI Analyst Report?
Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.23Last Year’s EPS
0.26Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was predominantly positive: the company reported solid consolidated top-line growth (11%), meaningful profit expansion (adjusted gross profit and EBITDA up 13%), strong segment-level momentum—notably Payables (+35.6%) and Treasury (+17.5%)—improvements in recurring revenue mix and customer metrics, and maintained full-year guidance. Key challenges include margin compression in Payables and Treasury driven by mix and GAAP recognition, modest merchant account declines and higher credit losses in Merchant Solutions, rising operating expenses and a sizable debt load (net leverage ~4.0x). On balance, the positive growth, profitability gains, cash generation, and maintained guidance outweigh the headwinds.Company Guidance
Revenue and Profit Growth
Consolidated revenue of $249.6 million, up 11.1% year-over-year; adjusted gross profit of $98.8 million, up 13%; adjusted EBITDA of $58.1 million, up 13%; adjusted EPS increased 27% year-over-year to $0.28.
Strong Organic and Segment Growth
Organic revenue growth of 9.1% for the quarter. Payables revenue grew 35.6% and Treasury Solutions grew 17.5%, while Merchant Solutions grew 6.7% (3.9% organic).
Recurring Revenue Mix and Margin Expansion
Adjusted gross profit margin improved by ~70 basis points to 39.6%. Gross profit from recurring revenue increased ~90 basis points to over 63% for the quarter, with Payables and Treasury representing ~63% of adjusted gross profit.
Merchant Solutions Performance
Merchant Solutions revenue of $161.8 million, up $10.1 million or 6.7%; adjusted gross profit of $36.7 million, up 10.8%; merchant gross margin improved to 22.7%, ~80 basis points higher year-over-year.
Payables Profitability and Operating Leverage
Payables revenue $32.4 million (+35.6%); buyer-funded revenue +37.1% to $25.4 million and supplier-funded +30.6% to $7.0 million. Adjusted gross profit increased 26.4% to $9.2 million and segment EBITDA rose 55.1% (to $5.5 million) driven by 3% reduction in operating expenses pre-D&A.
Treasury Solutions Strength
Treasury revenue $58.8 million (+17.5%); adjusted gross profit $52.9 million (+12.8%); segment gross margin 89.8%. Billed clients enrolled in CFTPay exceeded 1.1 million and Passport saw strong organic growth and higher account balances.
Customer and Volume Metrics
Total customer accounts on platform reached 1.8 million (up 50,000 YoY). Annual transaction volume increased by $3 billion to $153 billion. Average account balances under administration improved by over $100 million from year-end to $1.8 billion.
Cash Flow, Liquidity and Leverage Improvement
Generated $28 million of free cash flow in Q1. Ended the quarter with $92.2 million cash and $100 million revolver available (total available liquidity >$192 million). Net debt of $927.8 million produced net leverage of 4.0x (down from 4.2x last quarter); pro forma including acquisition run-rate would be ~3.8x.
Full-Year Guidance Maintained
Company maintained full-year revenue guidance of $1.01 billion to $1.04 billion and adjusted EBITDA guidance of $230 million to $245 million, reflecting management's confidence in continued performance.
Acquisition-Driven Scale and Product Integration
Acquisitions (BOOM, DMS and others) contributed to margin expansion and revenue growth, and drove enhanced product capability and partner integrations (single API orchestration, embedded treasury capabilities).
PRTH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PRTH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $5.62 | $5.94 | +5.69% |
Mar 10, 2026 | $5.38 | $5.41 | +0.56% |
Nov 06, 2025 | $6.94 | $4.85 | -30.12% |
Aug 07, 2025 | $6.80 | $7.45 | +9.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Priority Technology Holdings (PRTH) report earnings?
Priority Technology Holdings (PRTH) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Priority Technology Holdings (PRTH) earnings time?
Priority Technology Holdings (PRTH) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PRTH EPS forecast?
PRTH EPS forecast for the fiscal quarter 2026 (Q2) is 0.23.