RPAY
Repay Holdings Corporation
RPAY has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over RPAY overall, supported by stronger fundamentals and stronger modeled upside.
RPAY Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Healthy | |
| Under pressure |
RPAY's revenue and cash flow are currently healthy, and its profitability is stable, but its balance sheet is under pressure.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
RPAY PE Valuation
RPAY has no meaningful PE right now: it lost money over the past year.
SNDK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 3.8x | $937 | — |
| Current | 7.5x | $937 | — |
| Cheap | 17x | $2,173 | +132% |
| Fair | 24x | $3,048 | +225% |
| Expensive | 59x | $7,452 | +695% |
Historical ranges are pointers, not guarantees.
SNDK's PE is 7.5x, but its earnings don't support one, so it isn't a reliable read right now.
RPAY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for RPAY, but weaker profitability.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
SNDK has the edge over RPAY on the outlook, with more favorable profitability expectations.
RPAY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.93 | +673% |
| Q4 2022 | $0.12 | +$0.72 |
| Q3 2022 | $0.00 | +$0.56 |
| Q2 2022 | -$0.12 | +$0.53 |
| Q1 2022 | -$0.27 | +$0.53 |
| Q4 2021 | -$0.60 | +$0.08 |
| Q3 2021 | -$0.56 | +$0.20 |
| Q2 2021 | -$0.65 | +$0.20 |
| Q1 2021 | -$0.80 | -$0.12 |
RPAY has returned to profit: it earned $0.12 per share over the past year, after losing money the year before.
SNDK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $247.30 | +97% |
| Q3 2026 | $125.61 | +$137.63 |
| Q2 2026 | $73.76 | +$85.07 |
| Q2 2025 | -$11.31 | -$6.65 |
SNDK has the edge over RPAY in the latest year-over-year earnings comparison.
RPAY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $153.4M | +97% |
| Q2 2026 | $100.7M | +33% |
| Q1 2026 | $80.8M | +4.5% |
| Q4 2025 | $78.6M | +0.4% |
| Q3 2025 | $77.7M | -1.8% |
| Q2 2025 | $75.6M | +1% |
| Q1 2025 | $77.3M | -4.2% |
| Q4 2024 | $78.3M | +3% |
RPAY's revenue has grown year over year for four quarters in a row: $153M last quarter, up 97% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.1% | +3.9 points |
| Q2 2026 | -3.2% | +136 points |
| Q1 2026 | 0% | +4.7 points |
| Q4 2025 | -182% | -181 points |
| Q3 2025 | -3.9% | -3 points |
| Q2 2025 | -139% | -134 points |
| Q1 2025 | -4.7% | -1.6 points |
| Q4 2024 | -1.5% | +102 points |
RPAY's operating margin was 0.1% last quarter, up 3.9 points from the same quarter a year ago, near the top of its range since 2019.
SNDK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11B | +378% |
| Q2 2026 | $9B | +372% |
| Q1 2026 | $6B | +251% |
| Q4 2025 | $3B | +61% |
| Q3 2025 | $2.3B | +23% |
| Q2 2025 | $1.9B | +8% |
| Q1 2025 | $1.7B | -0.6% |
| Q4 2024 | $1.9B | +13% |
SNDK has the edge over RPAY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 80% | +72 points |
| Q2 2026 | 78% | +78 points |
| Q1 2026 | 69% | +180 points |
| Q4 2025 | 35% | +25 points |
| Q3 2025 | 7.6% | -9 points |
| Q2 2025 | 0.9% | N/A |
| Q1 2025 | -111% | -122 points |
| Q4 2024 | 10% | +6.6 points |
SNDK has the edge over RPAY on profitability, with a higher operating margin.
RPAY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $9.2M | -71% |
| Q2 2026 | $38.1M | +15% |
| Q1 2026 | $16.7M | +609% |
| Q4 2025 | $23.2M | -32% |
| Q3 2025 | $32.1M | -46% |
| Q2 2025 | $33.1M | +8.7% |
| Q1 2025 | $2.4M | -90% |
| Q4 2024 | $34M | -3.3% |
RPAY still generates free cash flow, though less than at its 2024 peak: $87M over the past year.
SNDK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.3B | +1340% |
| Q2 2026 | $7.1B | +14355% |
| Q1 2026 | $3B | +$3B |
| Q3 2025 | $438M | +$636M |
| Q2 2025 | $49M | +$217M |
| Q1 2025 | -$18M | +$23M |
| Q3 2024 | -$198M | -$157M |
SNDK has the edge over RPAY on cash flow, with more consistent year-over-year improvement.
RPAY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.8% | -3.1M shares |
| 1 year | +25% | +21.8M shares |
RPAY has 110M diluted shares, up 25% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | $381,000 |
| Q3 2023 | $134,000 |
| Q2 2023 | $171,000 |
| Q1 2023 | $1.2M |
| Q4 2022 | $675,739 |
| Q3 2022 | $141,414 |
| Q2 2022 | $141,414 |
| Q1 2022 | $1.7M |
SNDK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1M shares |
| 1 year | +3.4% | +5M shares |
| 3 years | +6.9% | +10M shares |
SNDK has the edge over RPAY on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5B |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
RPAY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2025 | 3.6x | Elevated |
| Q4 2024 | 3.2x | Elevated |
| Q3 2024 | 17.3x | High |
| Q2 2024 | 18.6x | High |
| Q1 2024 | 34.9x | High |
| Q3 2023 | 5.9x | High |
| Q2 2023 | 6.5x | High |
| Q1 2023 | 7.2x | High |
RPAY's net debt is about 3.6 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
SNDK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
SNDK has more cash than debt.
RPAY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.8 | Neutral |
| Stochastic | 71.5 | Neutral |
RPAY's weekly RSI is 53 (neutral) and its Stochastic is 71 (neutral).
SNDK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 10.6 | Oversold |
SNDK's weekly RSI is 40 (neutral) and its Stochastic is 11 (oversold).
RPAY PE vs Technology Sector
RPAY has no meaningful PE right now: it lost money over the past year.
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK is trading at 7.5x earnings, a 73% discount to the Technology sector's median of 28x, though its earnings don't support one.
RPAY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.12 | 0.5% below |
| 20 week MA | $3.99 | 2.8% above |
| 50 week MA | $3.63 | 13% above |
| 100 week MA | $4.52 | 9.3% below |
| 200 week MA | $6.41 | 36% below |
RPAY has stronger trend alignment. RPAY is above 2 of 5 weekly averages versus SNDK above 0 of 3.
SNDK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,317.5 | 29% below |
| 20 week MA | $1,465.4 | 36% below |
| 50 week MA | $1,119.6 | 16% below |
SNDK is in a downtrend: it's below all three of its weekly moving averages, and 16% below its 50-week average.
RPAY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $14.6 | $27.7 | +90% |
| 2021 | $27.7 | $18.4 | -34% |
| 2022 | $18.4 | $7.62 | -59% |
| 2023 | $7.62 | $8.54 | +12% |
| 2024 | $8.54 | $7.74 | -9.4% |
| 2025 | $7.74 | $3.71 | -52% |
| 2026 YTD | $3.71 | $4.10 | +11% |
RPAY has finished lower in four of the last six years. It's up 11% so far in 2026.
SNDK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $50.4 | $250.1 | +396% |
| 2026 YTD | $250.1 | $937.5 | +275% |
SNDK has the edge over RPAY on returns for 2026, with the stronger performance.