Priority Technology beats Q1 revenue estimates, affirms 2026 guidance

Priority Technology Holdings

11/05/2026 12:37

Overview

Payments fintech's Q1 revenue rose 11%, beating analyst expectations

Adjusted EPS for Q1 beat consensus, rising 27% year-over-year

Adjusted EBITDA for Q1 exceeded analyst estimates

Outlook

Company affirms 2026 revenue guidance of $1.01 bln to $1.04 bln

Company sees 2026 adjusted gross profit between $405 mln and $425 mln

Company expects 2026 adjusted EBITDA of $230 mln to $245 mln

Result Drivers

CONNECTED COMMERCE PLATFORM - Co said Q1 results were driven by continued adoption of its unified payments, payables, and treasury platform

SEGMENT MOMENTUM - Co cited growth across Merchant Solutions, Payables, and Treasury Solutions segments as supporting Q1 performance

EMBEDDED SOLUTIONS - Co said embedding payments, compliance, and risk management tools into customer workflows created new revenue opportunities and operating efficiency

Company press release: ID:nBwb6GqjPa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$249.56 mln
$242.88 mln (5 Analysts)
Q1 Adjusted EPS
Beat
$0.28
$0.22 (4 Analysts)
Q1 Net Income
$9.76 mln
Q1 Adjusted EBITDA
Beat
$58.09 mln
$54.90 mln (5 Analysts)
Q1 Gross Margin
37.50%
Q1 EBITDA
$52.04 mln
Q1 Gross Profit
$93.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the financial technology (fintech) peer group is "buy"

Wall Street's median 12-month price target for Priority Technology Holdings Inc is $10.00, about 77.9% above its May 8 closing price of $5.62

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)