Paysign (PAYS) Gross Margin (2010 - 2026)
Paysign (PAYS) posted Gross Margin of 63.35% for Q2 2026, down 2.51% on a QoQ basis from 64.98% in Q1 2026, and up 173.0% year-over-year from 23.2% in Q2 2025.
Analysis
Paysign (PAYS) Gross Margin (2010 - 2026) Analysis & Trends
Paysign has reported Gross Margin for 17 years, with the latest figure at 63.35% in Q2 2026.
- On a quarterly basis, Gross Margin rose 173.0% year-over-year to 63.35% in Q2 2026; TTM through Jun 2026 was 61.0%, a 100.0% increase from a year earlier, with the FY2025 full-year figure at 59.39%, up 424.0% from the prior year.
- Gross Margin was 63.35% for Q2 2026 at Paysign, down from 64.98% in the prior quarter.
- The five-year high for Gross Margin was 64.98% in Q1 2026, with the low at 49.76% in Q1 2023.
- Average Gross Margin over 5 years is 56.23%, with a median of 55.09% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Margin surged 1570 bps in 2022, then tumbled 1104 bps in 2023.
- Over 5 years, Gross Margin stood at 51.89% in 2022, then grew by 1 bps to 52.16% in 2023, then rose by 13 bps to 58.94% in 2024, then slipped by 2 bps to 57.66% in 2025, then climbed by 10 bps to 63.35% in 2026.
- The last three Gross Margin figures came in at 63.35% (Q2 2026), 64.98% (Q1 2026), and 57.66% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | 47.84% |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | - |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | 67.76% |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | 88.75% |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | 61.04% |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | 61.55% |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 42.18% |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 26.14% |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | 31.81% |
| 10 | Paysign | 718.97 Mn | 542.49 Mn | 17.90 Mn | 63.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.35% |
| Mar 31, 2026 | 64.98% |
| Dec 31, 2025 | 57.66% |
| Sep 30, 2025 | 56.26% |
| Jun 30, 2025 | 61.62% |
| Mar 31, 2025 | 62.86% |
| Dec 31, 2024 | 58.94% |
| Sep 30, 2024 | 55.54% |
| Jun 30, 2024 | 52.93% |
| Mar 31, 2024 | 52.61% |
| Dec 31, 2023 | 52.16% |
| Sep 30, 2023 | 51.06% |
| Jun 30, 2023 | 50.86% |
| Mar 31, 2023 | 49.76% |
| Dec 31, 2022 | 51.89% |
| Sep 30, 2022 | 54.25% |
| Jun 30, 2022 | 54.63% |
| Mar 31, 2022 | 60.80% |
| Dec 31, 2021 | 54.27% |
| Sep 30, 2021 | 51.10% |