Business Wire·Nov 9, 2026, 4:05 PM ET

REPAY Reports Third Quarter 2026 Financial Results

RPAY

REPAY Holdings reported 97% GAAP revenue growth and 14% organic revenue growth year-over-year for Q3 2026, with a 9-point contribution from political media revenue.
Q3 2026 total revenue reached $153.4 million, while Consumer Payments saw 91% revenue growth and Business Payments saw 99% revenue growth.
The company raised its expected annualized cost synergy run-rate exiting 2026 to $11 million from a prior guidance of $8 million.
Consumer Payments organic revenue growth was 0.3% year-over-year, while Business Payments normalized organic revenue growth was 40%.
Free cash flow for the quarter was negative $21.1 million, reflecting a $14 million investment in a bank reseller channel partnership.
Net leverage stood at 3.8x at quarter-end, with total liquidity of approximately $164 million.
REPAY now expects normalized organic revenue growth for full-year 2026 to be 5%-6%, down from the prior 7%-9% range.
Free cash flow conversion targets for 2026 are updated to 20%-25%, and adjusted free cash flow conversion targets are 25%-30%.
The company reiterated full-year 2026 revenue guidance of $490 million to $500 million and adjusted EBITDA guidance of $168.5 million to $176 million.
REPAY announced it has reached over 350 software partners across its Consumer and Business Payments verticals.
The accelerated AP supplier network grew to over 878,000, representing a 68% increase year-over-year.
Management cited strong political media spend in Business Payments offsetting slower organic growth in Consumer Payments.