Paymentus Holdings (PAY) Research & Development (2020 - 2026)
Paymentus Holdings (PAY) posted Research & Development of $30.2 million for Q1 2026, up 89.73% sequentially from $15.9 million in Q4 2025, and up 15.96% YoY from $26.1 million in Q1 2025.
Paymentus Holdings (PAY) Research & Development (2020 - 2026) Analysis & Trends
Paymentus Holdings has reported Research & Development for 7 years, with the latest figure at $30.2 million in Q1 2026.
- Quarterly Research & Development rose 15.96% year-over-year to $30.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $76.6 million (down 19.05% YoY) and the FY2025 annual result came in at $61.5 million, down 41.48% from the prior year.
- Research & Development improved to $30.2 million in Q1 2026 per PAY's latest filing, from $15.9 million in the prior quarter.
- Over five years, Research & Development peaked at $50.4 million in Q4 2023 and troughed at $10.2 million in Q2 2022.
- A 5-year average of $19.7 million and a median of $15.9 million in 2025 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2025: Research & Development soared 149.44% in 2023, then slumped 44.32% in 2025.
- Over 5 years, Research & Development stood at $20.2 million in 2022, then surged by 149.44% to $50.4 million in 2023, then sank by 43.26% to $28.6 million in 2024, then tumbled by 44.32% to $15.9 million in 2025, then jumped by 89.73% to $30.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $30.2 million, $15.9 million, and $15.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | Paymentus Holdings | 4.84 Bn | 4.47 Bn | 94.31 Mn | 33.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.05 Mn |
| Mar 31, 2026 | 30.21 Mn |
| Dec 31, 2025 | 15.92 Mn |
| Sep 30, 2025 | 15.22 Mn |
| Jun 30, 2025 | 15.23 Mn |
| Mar 31, 2025 | 26.05 Mn |
| Dec 31, 2024 | 28.60 Mn |
| Sep 30, 2024 | 13.19 Mn |
| Jun 30, 2024 | 26.77 Mn |
| Mar 31, 2024 | 12.05 Mn |
| Dec 31, 2023 | 50.40 Mn |
| Sep 30, 2023 | 21.48 Mn |
| Jun 30, 2023 | 10.91 Mn |
| Mar 31, 2023 | 11.65 Mn |
| Dec 31, 2022 | 20.21 Mn |
| Sep 30, 2022 | 10.35 Mn |
| Jun 30, 2022 | 10.19 Mn |
| Mar 31, 2022 | 16.19 Mn |
| Dec 31, 2021 | 19.45 Mn |
| Sep 30, 2021 | 11.31 Mn |