For Q1 FY2026 (ended March 31, 2026), Priority Technology Holdings reported revenue of $249.6M, up 11.1% year-over-year. Operating income was $33.4M, up 2.3%, and diluted EPS was $0.12, up 20.0%. The company had a net loss of $0.5M, cash of $92.2M, long-term debt of $1,045.9M, and negative equity of $89.9M.
โขRevenue grew 11.1% YoY to $249.6M.
โขOperating income increased 2.3% to $33.4M.
โขDiluted EPS rose 20.0% to $0.12.
โขNet loss was $0.5M; long-term debt stood at $1,045.9M.
Informational summary based on SEC XBRL figures ยท generated by deepseek-v4-flash. Not investment advice.
Priority Technology Holdings, Inc. operates as a payment technology company in the United States. The company operates through three segments: Merchant Solutions, Payables, and Treasury Solutions.
The company offers merchant solutions, such as full-service acquiring and payment-enabled solutions for B2C transactions, leveraging proprietary software platform, distributed through independent sales organizations, direct sales, and vertically focused independent software vendors channels.
It also offers MX product suite, which includes MX Connect and MX Merchant products, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance using core payment processing.
In addition, the company offers CPX, a platform that offers accounts payable automation solutions, including virtual card, purchase card, ACH +, dynamic discounting, or check. Further, it provides accounts payable automation solutions to corporations, software partners and financial institutions, including Citibank, Visa, and Mastercard.
Additionally, the company offers embedded finance and BaaS solutions to customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments.
It serves SMB and enterprises, as well as distribution partners including retail and wholesale independent sales organizations, financial institutions, and independent software vendors and value-added resellers.
The company was formerly known as Priority Holdings, LLC and changed its name to Priority Technology Holdings, Inc. in July 2018. Priority Technology Holdings, Inc. was founded in 2005 and is headquartered in Alpharetta, Georgia.
What does Priority Technology Holdings, Inc. (PRTHU) do?
Priority Technology Holdings, Inc. is a payment technology company operating in the United States. It provides a range of payment and financial technology solutions through three segments: Merchant Solutions, Payables, and Treasury Solutions. The Merchant Solutions segment offers full-service acquiring and payment-enabled solutions for B2C transactions, leveraging a proprietary software platform distributed through independent sales organizations, direct sales, and independent software vendors. The Payables segment includes the CPX platform, which automates accounts payable processes using virtual cards, purchase cards, ACH+, dynamic discounting, or checks. The Treasury Solutions segment provides embedded finance and Banking-as-a-Service (BaaS) solutions, helping customers modernize legacy platforms and monetize payments. The company serves small and medium businesses (SMBs), enterprises, and distribution partners such as retail and wholesale independent sales organizations, financial institutions, and independent software vendors.
Where is Priority Technology Holdings, Inc. (PRTHU) listed and what currency is used?
Priority Technology Holdings, Inc. is listed on the OTC Markets OTCPK exchange under the ticker symbol PRTHU. The company is based in the United States and its financials are reported in US Dollars (USD). As an OTC-traded stock, it is not listed on major exchanges like the NYSE or Nasdaq, but trades over-the-counter. Investors should be aware that OTC markets may have different liquidity and reporting requirements compared to major exchanges.
What sector and industry does Priority Technology Holdings, Inc. (PRTHU) belong to?
Priority Technology Holdings, Inc. operates in the Technology sector, specifically within the Software - Infrastructure industry. This classification reflects the company's focus on providing payment processing software and technology infrastructure. Its proprietary software platform supports merchant acquiring, accounts payable automation, and embedded finance solutions. The company's technology enables businesses to manage payment workflows, optimize revenue performance, and integrate financial services into their existing systems.
What are the main products and platforms offered by Priority Technology Holdings, Inc. (PRTHU)?
Priority Technology Holdings offers several key products and platforms. The MX product suite includes MX Connect and MX Merchant, which provide flexible and customizable business applications to manage critical work functions and revenue performance through core payment processing. The CPX platform is an accounts payable automation solution that supports virtual cards, purchase cards, ACH+, dynamic discounting, and checks. Additionally, the company provides embedded finance and Banking-as-a-Service (BaaS) solutions, enabling customers to modernize legacy platforms and accelerate monetization of payments. These products are distributed through independent sales organizations, direct sales, and independent software vendors.
Who are the primary customers and distribution partners of Priority Technology Holdings, Inc. (PRTHU)?
Priority Technology Holdings serves a diverse customer base that includes small and medium businesses (SMBs) and enterprises. Its distribution partners include retail and wholesale independent sales organizations (ISOs), financial institutions, and independent software vendors (ISVs) and value-added resellers (VARs). The company also works with major financial partners such as Citibank, Visa, and Mastercard, particularly in its accounts payable automation solutions. By leveraging these channels, Priority delivers its payment technology solutions across various verticals, helping businesses manage B2C transactions, accounts payable, and embedded finance needs.