Quarterly ResultMay 13, 2026, 04:02 PM
Usio Q1 Revenue Up 16% to $25.5M; Adjusted EBITDA $0.8M
AI Summary
Usio, Inc. announced record financial results for the first quarter ended March 31, 2026, with revenue up 16% to $25.5 million, surpassing consensus estimates by 9%. Adjusted EBITDA reached $0.8 million, exceeding consensus by 12%, and the company achieved net income of $0.1 million, a significant improvement from a net loss in the prior year. Total payment dollars processed also hit an all-time record, increasing 28% year-over-year, driven by strong growth across its ACH, credit card, and Output Solutions segments. CEO Louis Hoch expressed confidence in achieving another year of profitable, double-digit growth in fiscal 2026.
Key Highlights
- Revenue increased 16% to $25.5 million, beating consensus by 9%.
- Adjusted EBITDA was $0.8 million, up from $0.7 million year-over-year, beating consensus by 12%.
- The company reported net income of $0.1 million ($0.00 per share) compared to a net loss of ($0.2) million ($0.01 per share) in Q1 2025.
- Total payment dollars processed across all channels rose 28% to $2.50 billion.
- ACH revenue grew 25%, Credit Card revenue increased 23%, and Output Solutions revenue was up 19%.
- Operating cash flow for the quarter was $0.9 million.
- Cash and cash equivalents increased by $0.3 million to $7.7 million at March 31, 2026.
- Usio repurchased 182,000 shares of common stock for approximately $235,000.