Quarterly ResultMay 13, 2026, 04:08 PM
Usio Q1 Revenue +15.7% to $25.47M; Swings to Net Income
AI Summary
Usio, Inc. reported a significant improvement in its first quarter 2026 financial results, with revenues increasing by 15.7% to $25.47 million and the company swinging to a net income of $122,503 from a net loss in the prior year. Operating income also turned positive, reaching $225,712. The company also provided updates on its debt arrangements, including equipment loans for its Output Solutions segment, and noted that credit facilities related to a settled lawsuit appeal will not be renewed.
Key Highlights
- Q1 2026 Revenue increased 15.7% to $25,465,774 from $22,009,050 in Q1 2025.
- Swung to Q1 2026 Net Income of $122,503, compared to a net loss of $(234,970) in Q1 2025.
- Operating income improved to $225,712 in Q1 2026 from an operating loss of $(239,584) in Q1 2025.
- Basic and Diluted EPS for Q1 2026 was $0.00, up from $(0.01) in Q1 2025.
- ACH and complementary services revenue rose to $6,293,066 from $5,044,517.
- Credit card revenue increased to $9,710,324 from $7,878,694.
- Output Solutions revenue grew to $6,805,314 from $5,732,867.
- Credit facilities (line of credit and letter of credit) related to a settled lawsuit will not be renewed.
Price Impact
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