Paymentus Holdings (PAY) Gross Margin (2020 - 2026)
Paymentus Holdings (PAY) posted Gross Margin of 24.06% for Q1 2026, down 5.35% sequentially from 25.42% in Q4 2025, and up 7.0% YoY from 22.48% in Q1 2025.
Paymentus Holdings (PAY) Gross Margin (2020 - 2026) Analysis & Trends
Paymentus Holdings has reported Gross Margin for 7 years, with the latest figure at 24.06% in Q1 2026.
- Quarterly Gross Margin rose 7.0% year-over-year to 24.06% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.74% (down 140.0% YoY) and the FY2025 annual result came in at 24.77%, down 255.0% from the prior year.
- Gross Margin declined to 24.06% in Q1 2026 per PAY's latest filing, from 25.42% in the prior quarter.
- Over five years, Gross Margin peaked at 31.12% in Q4 2022 and troughed at 23.99% in Q1 2025.
- A 5-year average of 27.77% and a median of 28.52% in 2024 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 150 bps in 2024, down 458 bps in 2024.
- Over 5 years, Gross Margin stood at 31.12% in 2022, then decreased by 4 bps to 30.03% in 2023, then declined by 15 bps to 25.6% in 2024, then slipped by 1 bps to 25.42% in 2025, then fell by 5 bps to 24.06% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 24.06%, 25.42%, and 24.09% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 67.20% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 84.66% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 47.84% |
| 10 | Paymentus Holdings | 4.84 Bn | 4.47 Bn | 94.31 Mn | 26.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.14% |
| Mar 31, 2026 | 24.06% |
| Dec 31, 2025 | 25.42% |
| Sep 30, 2025 | 24.09% |
| Jun 30, 2025 | 25.52% |
| Mar 31, 2025 | 23.99% |
| Dec 31, 2024 | 25.60% |
| Sep 30, 2024 | 26.20% |
| Jun 30, 2024 | 29.76% |
| Mar 31, 2024 | 28.52% |
| Dec 31, 2023 | 30.03% |
| Sep 30, 2023 | 30.78% |
| Jun 30, 2023 | 30.79% |
| Mar 31, 2023 | 27.02% |
| Dec 31, 2022 | 31.12% |
| Sep 30, 2022 | 29.54% |
| Jun 30, 2022 | 29.86% |
| Mar 31, 2022 | 29.87% |
| Dec 31, 2021 | 31.20% |
| Sep 30, 2021 | 30.65% |