Paymentus Holdings, Inc.
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 3, 2026
PAY$34.12-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
(In thousands)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities | ||
| Net income | $73,920 | $46,264 |
| Adjustments to reconcile net income to net cash provided by operating activities | ||
| Depreciation and amortization | 28,949 | 31,491 |
| Deferred income taxes | (910) | 3,043 |
| Stock-based compensation | 18,386 | 12,929 |
| Amortization of capitalized warrants cost | 866 | 1,696 |
| Non-cash operating lease expense | 2,271 | 1,758 |
| Amortization of capitalized contract acquisition cost | 2,286 | 1,384 |
| Provision for expected credit losses | 107 | 53 |
| Change in operating assets and liabilities | ||
| Accounts and other receivables | (7,701) | 14,807 |
| Prepaid expenses and other assets | (2,654) | (7,513) |
| Accounts payable | 10,299 | 13,934 |
| Accrued and other liabilities | 2,673 | (113) |
| Operating lease liabilities | (2,299) | (1,861) |
| Contract liabilities | (1,100) | 721 |
| Income taxes receivable, net of payable | (2,162) | (1,597) |
| Net cash provided by operating activities | 122,931 | 116,996 |
| Cash flows from investing activities | ||
| Purchases of property and equipment | (372) | (279) |
| Purchases of interest-bearing deposits | (754) | (1,633) |
| Proceeds from matured interest-bearing deposits | 1,604 | 1,547 |
| Capitalized internal-use software development costs | (28,633) | (27,414) |
| Net cash used in investing activities | (28,155) | (27,779) |
| Cash flows from financing activities | ||
| Proceeds from exercise of stock-based awards | 181 | 97 |
| Payments of taxes withheld on net-settled vesting of restricted stock units | (9,376) | (7,175) |
| Payments on finance leases | (174) | — |
| Net cash used in financing activities | (9,369) | (7,078) |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | (308) | (76) |
| Net increase in cash and cash equivalents and restricted cash | 85,099 | 82,063 |
| Cash and cash equivalents and restricted cash at the beginning of period | 324,538 | 209,411 |
| Cash and cash equivalents and restricted cash at the end of period | $409,637 | $291,474 |
| Reconciliation of cash and cash equivalents and restricted cash: | ||
| Cash and cash equivalents at the beginning of period | 320,908 | 205,900 |
| Restricted cash at the beginning of period | 3,630 | 3,511 |
| Cash and cash equivalents and restricted cash at the beginning of period | $324,538 | $209,411 |
| Cash and cash equivalents at the end of period | 407,616 | 287,908 |
| Restricted cash at the end of period | 2,021 | 3,566 |
| Cash and cash equivalents and restricted cash at the end of period | $409,637 | $291,474 |
| Supplemental disclosure of cash flow information: | ||
| Cash paid for income taxes, net of refunds | $30,637 | $11,075 |
| Non-cash investing activities: | ||
| Property and equipment acquired through finance lease liabilities | $1,602 | $— |
| Right-of-use assets obtained in exchange of operating lease obligations | $3,439 | $510 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.