Repay Holdings reported preliminary, unaudited results for the quarter ended March 31 2026, showing revenue of $80.5 million to $81.0 million—a 4% year‑over‑year increase that brings the company back into growth after a 4% decline in Q1 2025 revenue of $77.3 million.
Business Payments, the company’s core vertical‑payments segment, grew 18% year‑over‑year, while Consumer Payments grew 4%. The stronger performance in Business Payments, driven by higher transaction volumes and a favorable mix of high‑margin merchant services, offset the modest growth in the consumer segment and helped lift overall revenue.
Preliminary Adjusted EBITDA fell between $33.8 million and $34.3 million, giving the company a 42% margin for the quarter. This margin level matches the 42% margin reported in Q4 2025 and is slightly lower than the 43% margin in Q1 2025, reflecting a small impact from the recent buyout of a strategic distribution partner that added cost‑intensive integration expenses.
Management raised its full‑year 2026 Adjusted EBITDA outlook to $141 million–$146 million, up from the prior $136.5 million–$141.5 million range. The revenue outlook for the year remains $340 million–$346 million, unchanged from the previous guidance. The upward revision signals confidence that the company’s high‑margin Business Payments segment will continue to expand and that the integration of the distribution partner will deliver incremental earnings.
The company also highlighted a non‑binding acquisition proposal from its largest shareholder, Forager Capital Management, valuing Repay at $4.80 per share—a 75% premium to the 30‑day volume‑weighted average price. In addition, Repay is in the final stages of acquiring KUBRA for $372 million, a transaction expected to close in Q2 2026 and broaden its product portfolio.
Investors responded positively to the results, citing the better‑than‑expected Adjusted EBITDA and the raised full‑year guidance as key drivers of confidence in Repay’s execution and growth prospects.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.