Paymentus Holdings (PAY) Research & Development (2020 - 2026)
Paymentus Holdings (PAY) posted Research & Development of $16.3 million for Q1 2026, up 2.57% sequentially from $15.9 million in Q4 2025, and up 8.16% YoY from $15.1 million in Q1 2025.
Paymentus Holdings (PAY) Research & Development (2020 - 2026) Analysis & Trends
Paymentus Holdings (PAY) has 7 years of Research & Development data on file, last reported at $16.3 million in Q1 2026.
- Quarterly Research & Development rose 8.16% year-over-year to $16.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $62.7 million (up 15.3% YoY) and the FY2025 annual result came in at $61.5 million, up 19.75% from the prior year.
- Research & Development advanced to $16.3 million in Q1 2026 per PAY's latest filing, from $15.9 million in the prior quarter.
- The five-year high for Research & Development was $16.3 million in Q1 2026, with the low at $10.2 million in Q2 2022.
- Average Research & Development over 5 years is $12.6 million, with a median of $12.1 million recorded in 2024.
- Year-over-year, Research & Development jumped 34.41% in 2022 and increased 3.42% in 2024.
- Paymentus Holdings' Research & Development stood at $10.3 million in 2022, then rose by 3.48% to $10.7 million in 2023, then gained by 27.3% to $13.6 million in 2024, then grew by 17.42% to $15.9 million in 2025, then advanced by 2.57% to $16.3 million in 2026.
- Business Quant data shows PAY's Research & Development at $16.3 million in Q1 2026, $15.9 million in Q4 2025, and $15.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.61 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 160.98 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 511.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 356.41 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 214.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 150.97 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 1.04 Bn |
| 10 | Paymentus Holdings | 152,220.01 | -338.63 Mn | 86.23 Mn | 16.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.33 Mn |
| Dec 31, 2025 | 15.92 Mn |
| Sep 30, 2025 | 15.22 Mn |
| Jun 30, 2025 | 15.23 Mn |
| Mar 31, 2025 | 15.10 Mn |
| Dec 31, 2024 | 13.56 Mn |
| Sep 30, 2024 | 13.19 Mn |
| Jun 30, 2024 | 12.54 Mn |
| Mar 31, 2024 | 12.05 Mn |
| Dec 31, 2023 | 10.65 Mn |
| Sep 30, 2023 | 11.04 Mn |
| Jun 30, 2023 | 10.91 Mn |
| Mar 31, 2023 | 11.65 Mn |
| Dec 31, 2022 | 10.30 Mn |
| Sep 30, 2022 | 10.35 Mn |
| Jun 30, 2022 | 10.19 Mn |
| Mar 31, 2022 | 10.39 Mn |
| Dec 31, 2021 | 9.65 Mn |
| Sep 30, 2021 | 8.82 Mn |
| Jun 30, 2021 | 7.92 Mn |