Usio, Inc.
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Range $4 – $7
Price Chart
About the company
Usio, Inc. provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing, credit, prepaid card, and debit card-based processing services.
- CEO
- Louis A. Hoch
- IPO
- 1999
- Employees
- 107
- HQ
- San Antonio, TX, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $73.41M
- P/E
- -48.01
- Fwd P/E
- 133.00
- PEG
- 6.85
- P/S
- 0.79
- P/B
- 3.94
- EV/EBITDA
- 89.85
- Div Yield
- 0.00%
- Gross Margin
- 22.02%
- Op Margin
- -1.21%
- Net Margin
- -1.63%
- ROE
- -8.20%
- ROIC
- -4.79%
Latest fiscal year · YoY change
- Revenue
- $85.39M+3.0%
- Gross Profit
- $19.69M+0.4%
- Op Income
- $-2,359,605
- Net Income
- $-2,512,339-176.0%
- EPS
- $-0.09-177.8%
- OCF Growth
- -47.7%
- FCF Growth
- -43.4%
- 52W High
- $2.98
- 52W Low
- $1.03
- 50D MA
- $2.17
- 200D MA
- $1.56
- Beta
- 1.31
- RSI (14)
- 64
- Avg Volume
- 265.61K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Usio delivered a strong second quarter with 19% revenue growth, positive GAAP net income for the second straight quarter, and raised full-year revenue growth guidance to 14% to 16%.· August 12, 2026
- Revenue grew 19% year over year, with payment dollars and transactions both up 27% and three business lines growing over 20%.
- The company reported positive GAAP net income of $280,000, or $0.01 per share, and adjusted EBITDA of $1.1 million, more than double last year.
- Management raised fiscal 2026 revenue growth guidance to 14% to 16% from 10% to 12% and said adjusted EBITDA should stay positive.
- Card revenue increased 28% to $9 million, driven by PayFac revenue growth of 43% and merchant count up 34% in the first half.
- Output Solutions and ACH were both strong, while Ion was presented as a future margin and growth catalyst tied to float and cross-platform use cases.
Revenue increased 19% year over year in the second quarter. Gross profit dollars rose 12%, with margins improving sequentially from the first quarter, and adjusted EBITDA was $1.1 million versus the year-ago quarter’s level that management said was less than half that. The company reported positive GAAP net income of $280,000, or $0.01 per share, marking its second consecutive quarter of positive GAAP earnings. For the first half, adjusted EBITDA was $1.9 million, and cash and cash equivalents ended the quarter at $6.4 million. Looking ahead, management raised fiscal 2026 revenue growth guidance to 14% to 16% from 10% to 12% and expects to continue generating positive adjusted EBITDA.
Louis Hoch emphasized that the quarter showed Usio’s strategy is working across multiple channels, with strong growth in ACH, Card, and Output Solutions and improving profitability. He repeatedly pointed to Ion as a major future catalyst, saying it could lift both growth and margins through float, card spend, faster settlement, and broader use across the company’s businesses. His tone was upbeat and confident, but he also stressed disciplined cost control and operating leverage.
Michael White said the company met or beat analyst expectations on both the top and bottom line and delivered its second consecutive quarter of positive GAAP net income. He highlighted revenue up 19%, gross profit dollars up 12%, SG&A down about $190,000 year over year, and adjusted EBITDA of $1.1 million for the quarter and $1.9 million for the first half. He also noted cash and cash equivalents of $6.4 million at quarter-end, share repurchases of $371,000 over six months, and continued investment in Usio Ion development.
Analysts focused on the mechanics behind the improved growth and margins, especially PayFac, gross margin expansion, and the impact of Ion. Management said PayFac’s growth is the result of a multi-year flywheel: adding ISVs, onboarding their merchants over time, and letting merchant counts compound, with PayFac revenue up 43% in the quarter. On margins and interest income, Louis Hoch said Ion should be a major catalyst because float is a key profit driver, while Michael White added that interest income depends on how much customer prefunding balance is on hand; both said Ion should increase funds held and support margin improvement.
The bull case from this call is that multiple businesses are growing strongly at once, not just one product line. Management also raised full-year guidance, has positive GAAP earnings momentum, and sees Ion, RTP, and school voucher programs as additional drivers for growth and margin expansion.
The main risks are that some revenue mix shifts, like PINless debit to RTP, can pressure top-line growth even if margins improve. Management also acknowledged that some opportunities, including Ion and the education-related programs, are still ramping, so the full financial benefit may take time to show up.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 69.5%
- Shares Outstanding
- 27.60M
- Float Shares
- 19.19M
of shares held by institutions
31 13F filers
Buy/sell ratio 0.00. 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 |
|---|---|---|
| Vanguard Group Inc | 1.01M | ▲ 14.81K |
| Perritt Capital Management Inc | 413.70K | 0 |
| Cibc Private Wealth Group, LLC | 5.01K | 0 |
Held by 23 ETFs
Biggest fund positions in USIO by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Jun 21, 26 | Beyer del la Garza Ernesto R | other | 7,000 |
| Jun 21, 26 | Beyer del la Garza Ernesto R | other | 7,000 |
| Jun 21, 26 | Miller Elizabeth Michelle | other | 7,000 |
| Jun 21, 26 | Miller Elizabeth Michelle | other | 7,000 |
| Jun 21, 26 | Rollins Brad | other | 7,000 |
| Jun 21, 26 | Rollins Brad | other | 7,000 |
| Jun 21, 26 | White Michael Joseph | other | 1,779 |
| Jun 21, 26 | Frost Houston Korth | other | 4,000 |
| Jun 21, 26 | Frost Houston Korth | other | 4,000 |
| Jun 21, 26 | Uffner Jerry | other | 4,000 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our USIO coverage
Recent articles, reports, and earnings notes.
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Usio, Inc. (USIO) Q2 2026 Earnings Call Transcript
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Usio Q2 Earnings Call Highlights
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Usio Inc (USIO) Q2 Earnings and Revenues Top Estimates
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Usio Announces Second Quarter 2026 Financial Results
globenewswire.com · Aug 12
Usio Announces Second Quarter Fiscal Year 2026 Results Conference Call and Company Update on August 12, 2026
globenewswire.com · Jul 29
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