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
DateValue
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