Paymentus Holdings (PAY) Operating Margin (2020 - 2026)
Paymentus Holdings (PAY) posted Operating Margin of 7.41% for Q1 2026, up 1.71% sequentially from 7.28% in Q4 2025, and up 171.0% YoY from 2.73% in Q1 2025.
Paymentus Holdings (PAY) Operating Margin (2020 - 2026) Analysis & Trends
Paymentus Holdings has reported Operating Margin for 7 years, with the latest figure at 7.41% in Q1 2026.
- Quarterly Operating Margin rose 171.0% year-over-year to 7.41% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.75% (up 133.0% YoY) and the FY2025 annual result came in at 6.31%, up 117.0% from the prior year.
- Operating Margin rose to 7.41% in Q1 2026 per PAY's latest filing, from 7.28% in the prior quarter.
- Over five years, Operating Margin peaked at 7.41% in Q1 2026 and troughed at 1.85% in Q2 2022.
- A 5-year average of 3.63% and a median of 5.18% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2024: Operating Margin plunged 644 bps in 2022, then soared 518 bps in 2024.
- Over 5 years, Operating Margin stood at 1.16% in 2022, then jumped by 377 bps to 5.55% in 2023, then slipped by 1 bps to 5.5% in 2024, then soared by 32 bps to 7.28% in 2025, then climbed by 2 bps to 7.41% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 7.41%, 7.28%, and 6.39% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 45.11% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 47.12% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 31.97% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -6.10% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 33.66% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -29.55% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 8.43% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -1.90% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 6.75% |
| 10 | Paymentus Holdings | 4.84 Bn | 4.47 Bn | 94.31 Mn | 9.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.04% |
| Mar 31, 2026 | 7.41% |
| Dec 31, 2025 | 7.28% |
| Sep 30, 2025 | 6.39% |
| Jun 30, 2025 | 5.68% |
| Mar 31, 2025 | 5.70% |
| Dec 31, 2024 | 5.50% |
| Sep 30, 2024 | 5.22% |
| Jun 30, 2024 | 5.18% |
| Mar 31, 2024 | 4.51% |
| Dec 31, 2023 | 5.55% |
| Sep 30, 2023 | 3.48% |
| Jun 30, 2023 | 3.11% |
| Mar 31, 2023 | -0.66% |
| Dec 31, 2022 | 1.16% |
| Sep 30, 2022 | -0.72% |
| Jun 30, 2022 | -1.85% |
| Mar 31, 2022 | -1.17% |
| Dec 31, 2021 | 0.29% |
| Sep 30, 2021 | 1.11% |