Repay Holdings Corporation
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Range $3.5 – $6
Price Chart
About the company
Repay Holdings Corporation specializes in delivering comprehensive payment technology solutions, specifically designed for various specialized markets. The company empowers consumers and businesses alike to conduct electronic transactions efficiently. Repay's diverse portfolio of digital payment services includes processing for credit and debit cards, virtual card capabilities, both standard and enhanced Automated Clearing House (ACH) transactions, and immediate funding options.
- CEO
- John Andrew Morris
- IPO
- 2018
- Employees
- 486
- HQ
- Atlanta, GA, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $317.11M
- P/E
- -1.76
- Fwd P/E
- 3.95
- PEG
- 0.01
- P/S
- 0.94
- P/B
- 0.63
- EV/EBITDA
- -17.60
- Div Yield
- 0.00%
- Gross Margin
- 73.49%
- Op Margin
- -3.12%
- Net Margin
- -49.57%
- ROE
- -32.64%
- ROIC
- -0.70%
Latest fiscal year · YoY change
- Revenue
- $309.26M-1.2%
- Gross Profit
- $232.02M-3.9%
- Op Income
- $-12,034,000
- Net Income
- $-256,724,000-2427.8%
- EPS
- $-3.00-2627.3%
- OCF Growth
- -39.3%
- FCF Growth
- -13.4%
- 52W High
- $6.05
- 52W Low
- $2.30
- 50D MA
- $3.78
- 200D MA
- $3.51
- Beta
- 1.85
- RSI (14)
- 40
- Avg Volume
- 592.81K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
REPAY posted strong Q2 growth with the KUBRA acquisition now contributing meaningfully, while management highlighted synergy capture, mid-single-digit KUBRA growth, and a path to double-digit organic growth later this year.· August 10, 2026
- Revenue rose 33% year over year to $100.7 million, with organic revenue growth of 6%.
- Adjusted EBITDA was $36.3 million, up 14% year over year, with a 36% margin.
- Free cash flow was $27.4 million, up 21% year over year, and adjusted free cash flow was $29.3 million.
- Management said KUBRA integration is ahead of plan, with over $4.5 million of annualized run-rate synergies already realized.
- The company reiterated full-year 2026 guidance and expects organic growth to accelerate into double digits in the second half.
Q2 revenue was $100.7 million, up 33% year over year, including one month of KUBRA. Organic revenue growth was 6%, including about 2 points from political media; consumer payments organic growth was 4%, and business payments normalized revenue growth was about 19% excluding political media. Gross profit was $70.6 million, a 70% margin versus 76% a year ago, and management said the margin decline was almost entirely due to KUBRA mix, not pricing or competition. Adjusted EBITDA was $36.3 million, up 14% year over year, with an approximately 36% margin. Adjusted net income was $17.9 million, or $0.20 per share. Free cash flow was $27.4 million, up 21% year over year, and adjusted free cash flow was $29.3 million. For full-year 2026, the company reiterated revenue of $490 million to $500 million, adjusted EBITDA of $168.5 million to $176 million, political media revenue of $8 million to $10 million, free cash flow conversion of 30%, and adjusted free cash flow conversion of about 35%. KUBRA is expected to contribute $150 million to $154 million of revenue and $27.5 million to $30 million of adjusted EBITDA in 2026.
John Morris emphasized that the quarter reflected both core execution and the start of KUBRA integration, saying REPAY is now positioned as an end-to-end consumer bill payment and communications platform in the U.S. and Canada. He framed the deal as expanding distribution, broadening product capabilities, and creating cross-sell opportunities across consumer and business payments. His tone was confident and upbeat, with repeated emphasis on strong momentum, disciplined integration, and an expectation that organic growth will accelerate into double digits in the second half.
Robert Houser focused on the mechanics of the combined company’s financial profile and said Q2 performance was in line with expectations. He explained that the lower gross margin was mainly a mix effect from KUBRA’s lower-margin product and service mix, while adjusted EBITDA margins should improve as cost savings and synergies come through; the company already had over $4.5 million of annualized run-rate synergies exiting Q2 and expects more than $8 million exiting 2026 and over $20 million by 2028. He also highlighted strong liquidity with $84 million of operating cash and an undrawn $100 million revolver, noted pro forma synergized net leverage of about 3.7x, and said the goal is to get below 3x within 18 months through free cash flow and EBITDA growth.
Analysts pressed on KUBRA’s pro forma growth and margin trajectory, and management said KUBRA grew around 6% in Q2 and should continue growing in the mid-single-digit range this year. On cross-sell, management pointed to early signs of REPAY clients asking for KUBRA’s bill presentment and communications tools, while KUBRA clients are asking for more payment channels and modalities. Questions also covered free cash flow conversion, which was unusually strong at 75% in Q2; management said the result was mainly timing and working capital, but acknowledged the back half will see more interest expense and cost-to-achieve spending, bringing conversion closer to the full-year guide. They also addressed modeled intangibles amortization, saying about $25 million to $26 million for Q3 is the right range, and said stock-based compensation should not change materially.
The call presented a clear growth and integration story: KUBRA adds scale, broadens the platform, and management believes the combined company can sell more deeply into existing clients. REPAY said core consumer and business segments are both seeing ramping clients, the vendor network keeps expanding, and the company expects organic growth to accelerate into double digits in the second half. Cash generation remained strong, giving management room to pay down debt while funding integration and growth initiatives.
Margins are under pressure in the near term because KUBRA has a lower gross-margin mix, and full benefits from synergies will take time as platform upgrades and client migrations play out over 18 to 24 months. The company also flagged a heavier back half from interest expense and cost-to-achieve spending, which should reduce free cash flow conversion versus Q2. Business Payments has meaningful political media exposure, and management said most of that contribution will come in Q3 and Q4, making part of the year dependent on election-cycle timing.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 72.4%
- Shares Outstanding
- 88.09M
- Float Shares
- 63.76M
of shares held by institutions
148 13F filers
Buy/sell ratio 1.71. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Forager Capital Management, LLC | 11.11M | ▲ 1.86M |
| Veradace Capital Management LLC | 7.21M | ▲ 15.39K |
| Private Management Group Inc | 6.51M | ▲ 434.58K |
| Blackrock, Inc. | 6.26M | ▼ 15.96K |
| American Century Companies Inc | 6.12M | ▲ 2.03M |
| Vanguard Group Inc | 4.60M | ▲ 56.46K |
| Aqr Capital Management LLC | 4.50M | ▲ 506.38K |
| Vanguard Capital Management LLC | 3.08M | ▼ 138.10K |
| Dimensional Fund Advisors LP | 2.87M | ▼ 70.25K |
| Pacific Ridge Capital Partners, LLC | 2.24M | ▲ 827.36K |
| State Street Corp | 1.97M | ▲ 215.55K |
| Geode Capital Management, LLC | 1.78M | ▲ 96.30K |
Held by 139 ETFs
Biggest fund positions in RPAY by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Jul 31, 26 | Sadek Zachary F | other | 42,500 |
| Jul 13, 26 | Sadek Zachary F | other | 0 |
| Jun 10, 26 | THORNBURGH RICHARD E | other | 50,295 |
| Jun 10, 26 | GARCIA PAUL R | other | 50,295 |
| Jun 10, 26 | Rios Emnet Legesse | other | 50,295 |
| Jun 10, 26 | KIGHT PETER J | other | 73,964 |
| Jun 10, 26 | GOEBEL MARYANN | other | 50,295 |
| May 31, 26 | Guthrie David M | other | 1,000 |
| May 31, 26 | Guthrie David M | other | 79 |
| Jun 1, 26 | Watkin Richard Jason | other | 0 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our RPAY coverage
Recent articles, reports, and earnings notes.
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Generate RPAY report →Repay Eyes Faster Growth, Debt Reduction as KUBRA Builds Consumer Billing Platform
marketbeat.com · Aug 16
Repay Holdings Corporation (RPAY) Q2 2026 Earnings Call Transcript
seekingalpha.com · Aug 11
Repay Q2 Earnings Call Highlights
marketbeat.com · Aug 10
Repay Holdings (RPAY) Meets Q2 Earnings Estimates
zacks.com · Aug 10
REPAY Reports Second Quarter 2026 Financial Results
businesswire.com · Aug 10
REPAY Introduces REPAY Voice™ for Natural, Conversational Phone Payments
businesswire.com · Aug 6
REPAY to Attend Upcoming Investor Conferences
businesswire.com · Jul 28
REPAY to Announce Second Quarter 2026 Results on August 10, 2026
businesswire.com · Jul 27
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