Payment processor Repay's Q3 revenue slightly beats

Repay Holdings

10/11/2025 21:24

Overview

Repay Holdings Q3 revenue slightly beats analyst expectations

Adjusted EBITDA for Q3 misses analyst estimates

Company retired $73.5 mln of convertible notes, repurchased $15.6 mln of shares

Outlook

Company expects 6% - 8% normalized gross profit growth in Q4 2025

Company anticipates Free Cash Flow Conversion above 50% in Q4 2025

Result Drivers

CLIENT LOSSES - Revenue and gross profit declined due to previously announced client losses and reduced political media spending

NORMALIZED GROWTH - Excluding political media spending, normalized revenue and gross profit grew by 5% and 1% respectively

BUSINESS PAYMENTS DECLINE - Business Payments segment gross profit fell 31% due to client losses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
$77.70 mln
$77 mln (7 Analysts)
Q3 Net Income
-$6.60 mln
Q3 Adjusted EBITDA
Miss
$31.20 mln
$33.10 mln (7 Analysts)
Q3 Gross Profit
$57.80 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for Repay Holdings Corp is $8.00, about 52.5% above its November 7 closing price of $3.80

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nBw60lslXa

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