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Paysign PAYS Net debt

Discontinued — last reported Q2 '26

Net debt at other companies

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Cloudflare, Inc.NET
-5×-5.4×
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ZscalerZS
19.2×+12.3×
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CitigroupC
0.1×-0.3×
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Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
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0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$28.3M+48.1%
Gross profit$17.9M+52.2%
Operating income$7.0M+388%
Net income$6.8M+387%
EPS (diluted)$0.11+450%

Balance sheet

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Cash & equivalents$27.4M+133%
Total debt$11.0M+4.8%
Total equity$60.2M+42.5%
Total assets$317.0M+63.5%

Cash flow

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Operating cash flow$1.3M-64.4%
CapEx$103.2K+19.7%
Free cash flow$1.2M-66.5%

Valuation

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Market cap$704.65M+131%
Enterprise value$688.24M+126%
P/E44.7×-0.4×
P/S+2.5×

Profitability

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Gross margin61%+1.0pp
Operating margin17%+9.6pp
Net margin15.7%+5.8pp
FCF margin73%

Returns & leverage

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Return on equity30.8%+11.2pp
Debt / equity0.2×-0.1×
Current ratio1.1×0.0×

Where this comes from

Calculated from Paysign’s reported figures.

The source filing: Paysign’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 7:56 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001683168-26-006021

FAQ

What is Paysign's net debt?
Paysign (PAYS) reported net debt of -$16.41M in Q2 2026.
How has Paysign's net debt changed year-over-year?
Paysign's net debt decreased by 1168.6% year-over-year, from -$1.29M to -$16.41M.
What is the long-term trend for Paysign's net debt?
Over 5 years (2020 to 2025), Paysign's net debt has grown at a 15.0% compound annual growth rate (CAGR), from -$3.5M to -$7.04M.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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