Priority Technology Holdings, Inc.
For the period ended Mar 31, 2026. Filed May 11, 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.
Mar 31, 2026 · Filed May 11, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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3. Revenues
- Revenues
Disaggregation of Revenues
The following table presents a disaggregation of our consolidated revenues by type:
| Three Months Ended March 31, | ||
|---|---|---|
| (in thousands) | 2026 | 2025 |
| Revenue Type: | ||
| Merchant card fees | $185,933 | $167,079 |
| Money transmission services | 41,748 | 37,449 |
| Outsourced services and other services(2) | 19,826 | 17,002 |
| Equipment | 2,051 | 3,100 |
| Total revenues(1) | $249,558 | $224,630 |
(1)Includes contracts with an original duration of one year or less and variable consideration under a stand-ready series of distinct days of service. The aggregate fixed consideration portion of customer contracts with an initial contract duration greater than one year is not material.
(2)Approximately $14.8 million and $12.6 million of interest income on customer funds for the three months ended March 31, 2026 and 2025, respectively, is included in outsourced services and other services revenue in the table above. Approximately $1.0 million and $1.1 million of interest income on corporate funds for the three months ended March 31, 2026 and 2025, respectively, is included in other income, net on the Company's Unaudited Consolidated Statements of Operations and Comprehensive Income and not reflected in the table above.
The following table presents a disaggregation of our consolidated revenues by segment:
| Three Months Ended March 31, 2026 | |||||
|---|---|---|---|---|---|
| (in thousands) | Merchant Card Fees | Money Transmission Services | Outsourced and Other Services | Equipment | Total |
| Segment | |||||
| Merchant Solutions | $158,499 | $— | $1,236 | $2,051 | $161,786 |
| Payables | 27,195 | — | 5,246 | — | 32,441 |
| Treasury Solutions | 3,277 | 41,748 | 13,815 | — | 58,840 |
| Eliminations | (3,038) | — | (471) | — | (3,509) |
| Total revenues | $185,933 | $41,748 | $19,826 | $2,051 | $249,558 |
| Three Months Ended March 31, 2025 | |||||
|---|---|---|---|---|---|
| (in thousands) | Merchant Card Fees | Money Transmission Services | Outsourced and Other Services | Equipment | Total |
| Segment | |||||
| Merchant Solutions | $147,481 | $— | $1,109 | $3,100 | $151,690 |
| Payables | 19,769 | — | 4,149 | — | 23,918 |
| Treasury Solutions | 607 | 37,449 | 12,032 | — | 50,088 |
| Eliminations | (778) | — | (288) | — | (1,066) |
| Total revenues | $167,079 | $37,449 | $17,002 | $3,100 | $224,630 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.