Paysign (PAYS) Operating Expenses (2010 - 2026)
Paysign (PAYS) posted Operating Expenses of $10.89 million for Q2 2026, up 5.5% from $10.32 million a year earlier but down 5.8% from the prior quarter.
Powered by 
Analysis
Paysign (PAYS) Operating Expenses (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Paysign was $44.27 million, up 22.8% year-over-year; for FY2025, it came in at $41.35 million, up 32.6% from FY2024.
- Annual Operating Expenses has increased for four consecutive years, with a five-year compound annual growth rate of 18.6% (FY2020 to FY2025).
- In prior years, Paysign's Operating Expenses was $31.18 million in FY2024 (+28.3%), $24.3 million in FY2023 (+17.9%), $20.61 million in FY2022 (+18.1%) and $17.45 million in FY2021 (-1.1%).
- Quarterly Operating Expenses has run from a low of $4.25 million in Q3 2021 to a high of $11.55 million in Q1 2026 over five years.
- On a year-over-year basis, Operating Expenses has increased in each of the last 19 quarters, with growth averaging 29.0% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2025, with growth of 38.3%; the weakest was Q3 2021, with a decline of 14.9%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $11.55 million (Q1 2026), $11.27 million (Q4 2025) and $10.57 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 1.33 Bn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 7.26 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 2.72 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 128.25 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 260.40 Mn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 4.28 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 2.98 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 207.36 Mn |
| 10 | Paysign | 718.20 Mn | 78.68 Mn | 17.90 Mn | 10.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.89 Mn |
| Mar 31, 2026 | 11.55 Mn |
| Dec 31, 2025 | 11.27 Mn |
| Sep 30, 2025 | 10.57 Mn |
| Jun 30, 2025 | 10.32 Mn |
| Mar 31, 2025 | 9.20 Mn |
| Dec 31, 2024 | 8.73 Mn |
| Sep 30, 2024 | 7.78 Mn |
| Jun 30, 2024 | 7.46 Mn |
| Mar 31, 2024 | 7.20 Mn |
| Dec 31, 2023 | 6.51 Mn |
| Sep 30, 2023 | 5.74 Mn |
| Jun 30, 2023 | 6.26 Mn |
| Mar 31, 2023 | 5.79 Mn |
| Dec 31, 2022 | 5.20 Mn |
| Sep 30, 2022 | 5.13 Mn |
| Jun 30, 2022 | 4.97 Mn |
| Mar 31, 2022 | 5.32 Mn |
| Dec 31, 2021 | 4.66 Mn |
| Sep 30, 2021 | 4.25 Mn |
API Access
Paysign Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PAYS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PAYS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PAYS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();