PRTH

MKT CAP:$437M

Priority Technology Holdings, Inc.

Market Cap

$437M

Technology·Software - Infrastructure·🇺🇸 United States·NASDAQ

Technology·Software Infra·🇺🇸·NASDAQ

Stock Price

$5.41+$0.08 (+1.60%)

Apr 22, 2026

Company Details

Priority Technology Holdings, Inc. operates as a payment technology company in the United States. It operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business Payments, and Enterprise Payments. ...

CEO

Thomas Charles Priore

IPO Date

Dec 6, 2016

Website

www.prth.com

Key Metrics TTM

Revenue

$953M

+19.5% YoY

Net Income

$56M

EPS (Diluted)

$0.68

Free Cash Flow

$75M

Revenue / Share

$11.40

Gross Margin

21.4%

Operating Margin

14.8%

Net Margin

5.8%

FCF Margin

7.9%

P/S

0.5x

P/E

7.8x

Earnings Reports

Q1 2026

May 5, 2026

PENDING

FY 2025

Mar 10, 2026

$953M+8.3%EPS $0.68

Q4 2025

Mar 10, 2026

$247MEPS $0.10

Q3 2025

Nov 6, 2025

$241M+6.3%EPS $0.34

Q2 2025

Aug 7, 2025

$240MEPS $0.14

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 21	$113M	$31M	$5M
Q2 21	$125M	$35M	$7M
Q3 21	$133M	$40M	$8M
Q1 22	$153M	$52M	$11M
Q2 22	$166M	$56M	$13M
Q3 22	$166M	$58M	$14M
Q4 22	$178M	$61M	$18M
Q1 23	$185M	$63M	$17M
Q2 23	$182M	$67M	$19M
Q3 23	$189M	$72M	$24M
Q4 23	$199M	$73M	$22M
Q3 24	$227M	$86M	$38M
Q1 25	$225M	$87M	$33M
Q2 25	$240M	$51M	$37M
Q3 25	$241M	$95M	$38M
Q4 25	$247M	-$30M	$33M

Valuation

Quarter	P/S	P/E
Q1 21	1.2x	—
Q2 21	1.0x	—
Q3 21	0.9x	—
Q1 22	0.8x	—
Q2 22	0.8x	—
Q3 22	0.7x	—
Q4 22	0.7x	—
Q1 23	0.6x	—
Q2 23	0.6x	—
Q3 23	0.6x	—
Q4 23	0.6x	—
Q3 24	0.5x	44.6x
Q1 25	0.5x	23.4x
Q2 25	0.5x	14.7x
Q3 25	0.5x	7.6x
Q4 25	0.5x	7.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 21	$9M	$3M
Q2 21	-$32M	-$34M
Q3 21	$7M	$40.0K
Q1 22	$10M	$7M
Q2 22	$21M	$17M
Q3 22	$20M	$15M
Q4 22	$20M	$19M
Q1 23	$28M	$20M
Q2 23	$19M	$14M
Q3 23	$26M	$20M
Q4 23	$9M	$3M
Q3 24	$20M	$15M
Q1 25	$10M	$5M
Q2 25	$17M	$9M
Q3 25	$36M	$30M
Q4 25	$37M	$31M

Capital Expenditures

Quarter	CapEx
Q1 21	$6M
Q2 21	$2M
Q3 21	$7M
Q1 22	$2M
Q2 22	$4M
Q3 22	$5M
Q4 22	$787.0K
Q1 23	$8M
Q2 23	$5M
Q3 23	$5M
Q4 23	$6M
Q3 24	$5M
Q1 25	$5M
Q2 25	$8M
Q3 25	$6M
Q4 25	$6M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 21	+3.0%	+1.4%
Q2 21	+129.4%	+120.1%
Q3 21	+36.7%	+33.1%
Q1 22	+65.9%	+61.2%
Q2 22	+46.9%	+41.0%
Q3 22	+33.1%	+29.5%
Q4 22	+34.0%	+28.2%
Q1 23	+20.7%	+18.1%
Q2 23	+9.5%	+6.4%
Q3 23	+13.6%	+8.6%
Q4 23	+12.2%	+11.2%
Q3 24	+22.7%	+12.4%
Q1 25	+23.2%	+17.7%
Q2 25	+26.9%	+22.3%
Q3 25	+21.2%	+14.9%
Q4 25	+8.8%	+13.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 21	$558.0K	0.5%
Q2 21	$0	0.0%
Q3 21	$935.0K	0.7%
Q1 22	$2M	1.0%
Q2 22	$2M	0.9%
Q3 22	$1M	0.7%
Q4 22	$2M	1.1%
Q1 23	$2M	1.0%
Q2 23	$0	0.0%
Q3 23	$2M	0.8%
Q4 23	$2M	0.8%
Q3 24	$1M	0.6%
Q1 25	$2M	0.7%
Q2 25	$3M	1.3%
Q3 25	$2M	1.0%
Q4 25	$4M	1.5%

OpEx Breakdown

Quarter	G&A	SG&A
Q1 21	$18M	—
Q2 21	$17M	—
Q3 21	$19M	—
Q1 22	$24M	—
Q2 22	$25M	—
Q3 22	$27M	—
Q4 22	$25M	—
Q1 23	$28M	—
Q2 23	$30M	—
Q3 23	$32M	—
Q4 23	$36M	—
Q3 24	$34M	—
Q1 25	$41M	—
Q2 25	$41M	—
Q3 25	—	$16M
Q4 25	$47M	—

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 21	3.0%	11.8%	14.8
Q2 21	129.4%	8.0%	137.4
Q3 21	36.7%	15.6%	52.4
Q1 22	65.9%	18.4%	84.3
Q2 22	46.9%	18.4%	65.3
Q3 22	33.1%	18.7%	51.8
Q4 22	34.0%	20.5%	54.5
Q1 23	20.7%	18.4%	39.2
Q2 23	9.5%	20.6%	30.1
Q3 23	13.6%	21.1%	34.7
Q4 23	12.2%	20.6%	32.9
Q3 24	22.7%	22.5%	45.2
Q1 25	23.2%	20.5%	43.7
Q2 25	26.9%	21.4%	48.3
Q3 25	21.2%	18.5%	39.6
Q4 25	8.8%	25.2%	34.1

Rule of 40

Revenue Segments

Quarter	Equipment Sales	Merchant Card Fees	Outsourced Services And Other Services	Credit Card, Merchant Discount	Product	Money Transmissions Services
Q1 21	$1M	$108M	$4M	—	—	—
Q2 21	—	—	$5M	$118M	$2M	—
Q3 21	—	—	$9M	$122M	$2M	—
Q1 22	—	—	$7M	$128M	$2M	$16M
Q2 22	—	—	$7M	$140M	$3M	$17M
Q3 22	—	—	$8M	$138M	$3M	$18M
Q4 22	—	—	$8M	$148M	$2M	$20M
Q1 23	—	$150M	$11M	—	$3M	$21M
Q2 23	—	$145M	$11M	—	$3M	$24M
Q3 23	—	$147M	$13M	—	$3M	$26M
Q3 24	—	$172M	$18M	—	$3M	$34M
Q1 25	—	$167M	$17M	—	$3M	$37M
Q2 25	—	$180M	$17M	—	$3M	$39M
Q3 25	—	$179M	$18M	—	$4M	$41M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$14M	$0	$14M
Q2 22	$22M	$0	$22M
Q3 22	$13M	$0	$13M
Q4 22	$18M	$0	$18M
Q1 23	$16M	$0	$16M
Q2 23	$18M	$0	$18M
Q3 23	$25M	$0	$25M
Q4 23	$40M	$0	$40M
Q1 24	$34M	$0	$34M
Q2 24	$35M	$0	$35M
Q3 24	$41M	$0	$41M
Q4 24	$59M	$0	$59M
Q1 25	$48M	$0	$48M
Q2 25	$65M	$0	$65M
Q3 25	$70M	$0	$70M
Q4 25	$77M	$0	$77M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 21	68M	+0.6%	+0.8%
Q2 21	69M	+2.9%	+6.6%
Q3 21	72M	+3.6%	+7.3%
Q1 22	79M	+9.2%	+17.1%
Q2 22	79M	+0.0%	+16.4%
Q3 22	78M	-0.8%	+12.2%
Q4 22	78M	0.0%	+8.3%
Q1 23	78M	+0.2%	-0.6%
Q2 23	78M	+0.2%	-0.4%
Q3 23	78M	+0.1%	+0.5%
Q4 23	79M	+0.2%	+0.7%
Q3 24	80M	+2.0%	+2.5%
Q1 25	80M	-0.3%	+2.0%
Q2 25	80M	-0.0%	+1.9%
Q3 25	81M	+1.6%	+3.3%
Q4 25	84M	+3.1%	+4.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 21	$236.5K	479
Q2 21	$261.0K	479
Q3 21	$276.7K	479
Q1 22	$194.0K	790
Q2 22	$210.7K	790
Q3 22	$210.7K	790
Q4 22	$204.1K	870
Q1 23	$212.7K	870
Q2 23	$209.5K	870
Q3 23	$217.3K	870
Q4 23	$202.7K	983
Q3 24	$231.0K	983
Q1 25	$220.4K	1K
Q2 25	$235.3K	1K
Q3 25	$236.9K	1K
Q4 25	$205.9K	1K

Revenue / Employee