For the quarter ending 2026-03-31, PAY had $17,590K increase in cash & cash equivalents over the period. $30,372K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 20,881 | 20,673 | 17,744 | 28,520 |
| Depreciation and amortization | 9,892 | 9,567 | 10,268 | 21,223 |
| Deferred income taxes | -452 | -2,993 | 5,034 | -1,991 |
| Stock-based compensation | 5,694 | 5,698 | 5,159 | 7,770 |
| Amortization of capitalized warrants cost | 285 | 571 | 572 | 1,124 |
| Non-cash lease expense | 604 | 596 | 600 | 1,158 |
| Amortization of capitalized contract acquisition cost | 731 | 726 | 511 | 873 |
| Provision for expected credit losses | 160 | 215 | -2,985 | 3,038 |
| Other non-cash adjustments | - | 0 | 0 | 0 |
| Accounts and other receivables | 15,148 | -2,334 | 5,413 | -20,220 |
| Prepaid expenses and other assets | -371 | -1,093 | 8,499 | -986 |
| Accounts payable | 9,504 | 46 | 11,418 | 2,516 |
| Accrued and other liabilities | -11,262 | 1,802 | 2,308 | -2,421 |
| Operating lease liabilities | -647 | -633 | -636 | -1,225 |
| Contract liabilities | 1,338 | 457 | 5 | 716 |
| Income taxes receivable, net of payable | -8,501 | -4,979 | 1,010 | 587 |
| Net cash provided by operating activities | 30,452 | 45,131 | 35,076 | 81,920 |
| Purchases of property and equipment | 80 | 82 | 103 | 176 |
| Purchases of interest-bearing deposits | 767 | 889 | 720 | 913 |
| Proceeds from matured interest-bearing deposits | 865 | 1,555 | 0 | 1,547 |
| Capitalized internal-use software development costs | 9,461 | 9,323 | 9,248 | 18,166 |
| Net cash used in investing activities | -9,443 | -8,739 | -10,071 | -17,708 |
| Proceeds from exercise of stock-based awards | 3 | 65 | 6 | 91 |
| Payments of taxes withheld on net settled vesting of restricted stock units | 3,286 | 3,564 | 3,411 | 3,764 |
| Settlement of holdback liability related to prior acquisitions | - | 0 | 0 | 0 |
| Payments on other financing obligations | - | 0 | - | - |
| Payments on finance leases | - | 0 | - | - |
| Net cash used in financing activities | -3,283 | -3,499 | -3,405 | -3,673 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | -136 | 171 | -171 | 95 |
| Net increase in cash, cash equivalents and restricted cash | 17,590 | 33,064 | 21,429 | 60,634 |
| Cash and cash equivalents and restricted cash at beginning of period | 324,538 | 291,474 | 209,411 | - |
| Cash and cash equivalents and restricted cash at end of period | 342,128 | 324,538 | 291,474 | - |
Paymentus Holdings, Inc. (PAY)
Paymentus Holdings, Inc. (PAY)