Paymentus Holdings (PAY) Research & Development (2020 - 2026)
Paymentus Holdings' (PAY) quarterly Research & Development came in at $33.0 million in Q2 2026, up 11.61% year-over-year from $29.6 million in Q2 2025, and up 9.39% quarter-over-quarter from $30.2 million in Q1 2026.
Analysis
Paymentus Holdings (PAY) Research & Development (2020 - 2026) Analysis & Trends
Paymentus Holdings has disclosed Research & Development across 7 years of filings, most recently posting $33.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 11.61% year-over-year to $33.0 million; the TTM figure through Jun 2026 stood at $119.5 million (up 7.96% YoY), while the FY2025 annual figure was $111.9 million, up 6.55% from the prior year.
- Research & Development came in at $33.0 million for Q2 2026 at Paymentus Holdings, up from $30.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $33.0 million in Q2 2026 to a low of $16.2 million in Q1 2022.
- Average Research & Development over 5 years is $24.3 million, with a median of $24.4 million recorded in 2024.
- Year-over-year, Research & Development soared 96.91% in 2022 and fell 3.68% in 2025.
- Over 5 years, Research & Development stood at $20.2 million in 2022, then grew by 2.21% to $20.7 million in 2023, then soared by 38.47% to $28.6 million in 2024, then grew by 7.67% to $30.8 million in 2025, then increased by 7.33% to $33.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $33.0 million in Q2 2026, $30.2 million in Q1 2026, and $30.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.06 Bn | 41.64 Bn | 3.17 Bn | 664.96 Mn |
| 2 | PayPal Holdings | 46.74 Bn | 35.48 Bn | - | 849.00 Mn |
| 3 | Fiserv | 27.09 Bn | 26.46 Bn | 3.59 Bn | - |
| 4 | Corpay | 26.73 Bn | 19.72 Bn | 1.19 Bn | - |
| 5 | Global Payments | 24.17 Bn | 18.77 Bn | 2.03 Bn | - |
| 6 | Wex | 6.50 Bn | 398.06 Mn | 463.80 Mn | 112.70 Mn |
| 7 | Aci Worldwide | 5.28 Bn | 5.11 Bn | 181.57 Mn | 47.90 Mn |
| 8 | Paymentus Holdings | 4.47 Bn | 4.09 Bn | 94.31 Mn | 33.05 Mn |
| 9 | dLocal | 4.37 Bn | 3.50 Bn | 127.15 Mn | -9.89 Mn |
| 10 | Sezzle | 4.00 Bn | 3.92 Bn | - | 4.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.05 Mn |
| Mar 31, 2026 | 30.21 Mn |
| Dec 31, 2025 | 30.79 Mn |
| Sep 30, 2025 | 25.48 Mn |
| Jun 30, 2025 | 29.61 Mn |
| Mar 31, 2025 | 26.05 Mn |
| Dec 31, 2024 | 28.60 Mn |
| Sep 30, 2024 | 26.45 Mn |
| Jun 30, 2024 | 26.77 Mn |
| Mar 31, 2024 | 23.24 Mn |
| Dec 31, 2023 | 20.65 Mn |
| Sep 30, 2023 | 21.48 Mn |
| Jun 30, 2023 | 21.60 Mn |
| Mar 31, 2023 | 20.26 Mn |
| Dec 31, 2022 | 20.21 Mn |
| Sep 30, 2022 | 19.05 Mn |
| Jun 30, 2022 | 17.85 Mn |
| Mar 31, 2022 | 16.19 Mn |
| Dec 31, 2021 | 14.88 Mn |
| Sep 30, 2021 | 11.31 Mn |