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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›PAYS›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Paysign, Inc. (PAYS) financials

Income statement

Paysign, Inc. (PAYS) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$10.4M$15.2M$23.4M$34.7M$24.1M$29.5M$38.0M$47.3M$58.4M$82.0M
Revenue growth—46.2%53.8%48.0%-30.4%22.2%29.1%24.3%23.5%40.5%
Gross profit$4.54M$6.70M$11.4M$19.2M$9.30M$14.7M$21.0M$24.1M$32.2M$48.7M
Gross margin43.6%44.0%48.7%55.5%38.6%49.9%55.1%51.1%55.1%59.4%
Operating income$1.36M$1.77M$2.47M$6.10M-$8.34M-$2.74M$344K-$167K$1.02M$7.36M
Operating margin13.0%11.6%10.6%17.6%-34.6%-9.3%0.9%-0.4%1.7%9.0%
Net income$1.40M$1.79M$2.59M$7.45M-$9.14M-$2.72M$1.03M$6.46M$3.82M$7.55M
Net margin13.4%11.8%11.0%21.5%-37.9%-9.2%2.7%13.7%6.5%9.2%
EPS (diluted)$0.03$0.04$0.05$0.14-$0.19-$0.05$0.02$0.12$0.07$0.13

Cash flow

Paysign, Inc. (PAYS) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$4.21M$7.15M$16.0M$16.7M$13.8M$15.2M$25.3M$27.6M$22.9M$52.5M
Capital expenditures$110K$707K$257K$464K$1.38M$329K$105K$263K$435K$1.21M
Free cash flow$4.10M$6.44M$15.7M$16.2M$12.4M$14.9M$25.2M$27.4M$22.5M$51.2M
Share buybacks——————$0.00$1.13M$495K$376K

Balance sheet

Paysign, Inc. (PAYS) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$11.6M$17.2M$31.7M$45.6M$55.9M$68.7M$89.9M$109M$122M$165M
Total assets$13.9M$20.4M$36.2M$53.5M$67.8M$84.1M$108M$147M$179M$276M
Total liabilities$11.2M$15.6M$27.3M$34.2M$54.6M$71.1M$92.0M$122M$149M$228M
Long-term debt$27.9K$0.00——————$0.00$6.14M
Shareholders' equity$2.89M$5.04M$9.10M$19.3M$13.2M$13.0M$16.3M$24.5M$30.4M$48.5M
Retained earnings-$3.80M-$2.01M$580K$8.09M-$1.05M-$3.77M-$2.75M$3.71M$7.53M$15.1M
Shares (wtd avg diluted)43.9M48.0M52.0M54.6M49.3M51.0M52.9M54.2M55.6M59.6M

Every figure is extracted from Paysign, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Paysign, Inc.'s annual revenue?
Paysign, Inc. (PAYS) reported $82.0M of revenue for fiscal year 2025 — up 40.5% from $58.4M in FY2024, per its annual report filed with the SEC.
Is Paysign, Inc. profitable?
Yes — PAYS earned $7.55M of net income in FY2025, a 9.2% net margin, per SEC filings.
What is Paysign, Inc.'s free cash flow?
$51.2M in FY2025 (operating cash flow $52.5M minus $1.21M of capital expenditures), from the SEC cash-flow statement.
Does PAYS pay a dividend?
Paysign, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full PAYS analysis — verdict, score & filings →Is PAYS a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.