Repay Holdings Corporation — Third Quarter 2026 Earnings Summary

REPAY Holdings reported third-quarter 2026 GAAP revenue of $153.4 million, representing a 97% year-over-year increase driven largely by political media revenue and the KUBRA acquisition. The company raised its expected annualized cost synergy run-rate for 2026 to $11 million, exceeding prior guidance, while reporting adjusted EBITDA of $50.9 million for the quarter. Despite strong top-line growth, the company reported a net loss of $10.4 million and negative free cash flow of $21.1 million due to a $14 million investment in a bank reseller channel partnership and working capital timing. Full-year 2026 revenue guidance remains unchanged at $490 million to $500 million, though normalized organic revenue growth expectations were lowered to a 5%-6% range.