Quarterly ResultMay 11, 2026, 07:51 AM
Priority Technology Q1 Revenue $249.6M, Net Income $9.8M, EPS $0.12
AI Summary
Priority Technology Holdings, Inc. announced strong first-quarter 2026 financial results, driven by its unified commerce platform. The company reported an 11.1% increase in revenue to $249.6 million and an 18.0% rise in net income to $9.8 million. Diluted EPS grew 20% to $0.12. Priority also affirmed its full-year 2026 financial guidance, projecting revenue between $1.01 billion and $1.04 billion.
Key Highlights
- Revenue increased 11.1% to $249.6 million in Q1 2026 from $224.6 million in Q1 2025.
- Net Income rose 18.0% to $9.8 million in Q1 2026 from $8.3 million in Q1 2025.
- Diluted EPS increased 20% to $0.12 in Q1 2026 from $0.10 in Q1 2025.
- Adjusted EBITDA grew 13.2% to $58.1 million in Q1 2026.
- Affirmed full-year 2026 revenue guidance of $1.01 billion to $1.04 billion.
- Merchant Solutions revenue grew 7% to $161.8 million.
- Payables revenue surged 36% to $32.4 million.
- Treasury Solutions revenue increased 17% to $58.8 million.