PAYS
PaySign, Inc.
PAYS's fundamentals are strong and it looks cheap: trading at 29x earnings, below its usual 49x. Analysts expect strong earnings growth, though they disagree widely on how much.
PAYS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
PAYS's revenue, profitability, cash flow and balance sheet are all currently strong.
PAYS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 26x | $9.49 | — |
| Current | 29x | $9.49 | — |
| Cheap | 31x | $10.13 | +6.8% |
| Fair | 49x | $16.12 | +70% |
| Expensive | 95x | $31.19 | +229% |
Historical ranges are pointers, not guarantees.
PAYS's PE is in its cheap range at 29x. If earnings grow as analysts expect, today's price would be 26x next year's earnings.
PAYS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for PAYS, with profitability improving. However, they disagree widely on these estimates.
PAYS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.37 | +12% |
| Q3 2026 | $0.33 | +154% |
| Q2 2026 | $0.26 | +117% |
| Q1 2026 | $0.17 | +55% |
| Q4 2025 | $0.13 | +86% |
| Q3 2025 | $0.13 | -13% |
| Q2 2025 | $0.12 | -14% |
| Q1 2025 | $0.11 | -15% |
| Q4 2024 | $0.07 | -42% |
PAYS earned $0.33 per share over the past year, up 154% from the year before.
PAYS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $30.8M | +43% |
| Q2 2026 | $28.3M | +48% |
| Q1 2026 | $28M | +51% |
| Q4 2025 | $22.8M | +46% |
| Q3 2025 | $21.6M | +42% |
| Q2 2025 | $19.1M | +33% |
| Q1 2025 | $18.6M | +41% |
| Q4 2024 | $15.6M | +14% |
PAYS's revenue has grown year over year for 22 quarters in a row: $31M last quarter, up 43% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 24% | +16 points |
| Q2 2026 | 25% | +17 points |
| Q1 2026 | 24% | +10 points |
| Q4 2025 | 8.2% | +5.2 points |
| Q3 2025 | 7.3% | +2.8 points |
| Q2 2025 | 7.5% | +6.7 points |
| Q1 2025 | 13% | +15 points |
| Q4 2024 | 3% | -1.6 points |
PAYS's operating margin was 24% last quarter, up 16 points from the same quarter a year ago.
PAYS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $62.7M | +895% |
| Q2 2026 | $1.2M | -66% |
| Q1 2026 | $18.5M | +$24.6M |
| Q4 2025 | $47.5M | +235% |
| Q3 2025 | $6.3M | +$26.6M |
| Q2 2025 | $3.6M | -83% |
| Q1 2025 | -$6.1M | -175% |
| Q4 2024 | $14.2M | -39% |
PAYS generated $130M in free cash flow over the past year, about seven times what it generated the year before.
PAYS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +744K shares |
| 1 year | +1.5% | +949K shares |
| 3 years | +17% | +9.2M shares |
| 5 years | +23% | +11.6M shares |
| Available history | +15% | +8.2M shares |
PAYS has 63M diluted shares, up 1.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $199,677 |
| Q1 2026 | $199,677 |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $375,786 |
| Q4 2024 | $134,550 |
PAYS has spent almost nothing on buybacks in the past year.
PAYS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.9x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
| Q4 2025 | -0.8x | Net Cash |
| Q3 2025 | 0.0x | Very low |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | -1.5x | Net Cash |
PAYS has more cash than debt.
PAYS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.6 | Neutral |
| Stochastic | 51.3 | Neutral |
PAYS's weekly RSI is 44 (neutral) and its Stochastic is 51 (neutral).
PAYS PE vs Technology Sector
| Metric | PAYS | Sector median | Relative |
|---|---|---|---|
| PE | 29x | 28x | 3.2% above |
| PE % | 13 | 35 | 22 pts below |
PAYS is trading at 29x earnings, in line with the Technology sector's median of 28x.
PAYS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.8 | 31% below |
| 20 week MA | $12.3 | 23% below |
| 50 week MA | $8.11 | 17% above |
| 100 week MA | $6.25 | 52% above |
| 200 week MA | $4.77 | 99% above |
PAYS has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 99% above its 200-week average.
PAYS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.99 | $4.83 | -52% |
| 2021 | $4.83 | $1.56 | -68% |
| 2022 | $1.56 | $2.42 | +55% |
| 2023 | $2.42 | $2.80 | +16% |
| 2024 | $2.80 | $3.27 | +17% |
| 2025 | $3.27 | $5.26 | +61% |
| 2026 YTD | $5.26 | $9.49 | +80% |
PAYS has finished higher in four of the last six years, two of them by more than 50%. It's up 80% so far in 2026.