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PRTH

Priority Technology Holdings, Inc.

PRTH

Priority Technology Holdings, Inc. • NASDAQ
$5.85 ▲ 0.17% (+0.01)
Market Cap $462.64 M
52w High $12.47
52w Low $4.44
Dividend Yield 0%
P/E 11.04
Volume 379.80K
Outstanding Shares 79.08M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $241.439M ▲ $56.986M ▲ $27.588M ▲ 11.426% ▲ $0.34 ▲ $44.562M ▼
Q2-2025 $239.812M ▲ $13.91M ▼ $10.879M ▲ 4.536% ▲ $0.14 ▲ $51.416M ▲
Q1-2025 $224.63M ▼ $54.652M ▲ $8.268M ▲ 3.681% ▲ $0.1 ▲ $46.071M ▼
Q4-2024 $227.067M ▲ $49.793M ▲ $7.859M ▼ 3.461% ▼ $-0.048 ▼ $53.013M ▲
Q3-2024 $227.049M $47.894M $10.608M 4.672% $0.07 $50.986M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $69.962M ▲ $2.217B ▲ $2.326B ▲ $-110.298M ▲
Q2-2025 $64.769M ▲ $2.027B ▲ $2.172B ▲ $-146.115M ▲
Q1-2025 $47.587M ▼ $1.892B ▲ $2.048B ▲ $-158.33M ▲
Q4-2024 $58.6M ▲ $1.827B ▲ $1.992B ▲ $-166.84M ▼
Q3-2024 $41.072M $1.76B $1.819B $-60.74M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $27.588M ▲ $36.081M ▲ $-130.753M ▼ $110.543M ▼ $15.871M ▲ $30.117M ▲
Q2-2025 $10.879M ▲ $17.124M ▲ $-11.43M ▼ $130.831M ▲ $5.692M ▼ $9.231M ▲
Q1-2025 $8.268M ▲ $9.956M ▼ $-9.715M ▲ $47.26M ▼ $47.501M ▼ $4.861M ▼
Q4-2024 $7.22M ▼ $23.757M ▲ $-10.812M ▼ $62.862M ▼ $75.807M ▼ $19.108M ▲
Q3-2024 $10.608M $19.845M $-4.136M $66.567M $82.276M $14.519M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Merchant Card Fees
Merchant Card Fees
 $0 ▲$170.00M ▲$180.00M ▲$180.00M ▲
Money Transmissions Services
Money Transmissions Services
 $70.00M ▲$40.00M ▼$40.00M ▲$40.00M ▲
Outsourced Services And Other Services
Outsourced Services And Other Services
 $30.00M ▲$20.00M ▼$20.00M ▲$20.00M ▲
Product
Product
 $10.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown steadily over the past five years, roughly doubling, which suggests the core business is gaining scale. Profitability at the operating level has improved alongside that growth, with operating profit and gross profit both moving in the right direction, implying better efficiency and stronger margins. At the bottom line, however, the story is more mixed. Net income has hovered around breakeven, swinging between small profits and small losses, and reported earnings per share have been quite volatile. That hints at the impact of financing costs, non‑cash charges, or one‑time items that cloud the picture. Overall, the business is clearly scaling, but consistent, clean profitability is still a work in progress.

Balance Sheet

Balance Sheet The balance sheet shows a company that has expanded its asset base significantly, likely reflecting acquisitions, platform investments, and growth in transaction volumes. This growth has been funded heavily with debt, which has climbed meaningfully over the period. Equity has moved from negative to positive and back to negative again, suggesting accumulated losses, write‑downs, or capital structure changes. Negative equity and relatively low cash compared with total obligations point to a leveraged profile and leave less room for error if business conditions weaken. The asset growth is a strength, but it comes with balance sheet risk that needs ongoing management.

Cash Flow

Cash Flow Cash generation looks stronger than the headline earnings would suggest. Operating cash flow has been positive in each year and has generally trended upward, indicating that the underlying business model converts revenue into cash reasonably well. Free cash flow has also been positive in most years, with only a single year of outflow when investment spending was elevated. Capital spending itself appears modest and relatively stable, which helps support consistent free cash flow. In plain terms, even though accounting profits have been thin, the company has usually produced cash after investments, which is a constructive sign for financial flexibility—provided debt service remains manageable.

Competitive Edge

Competitive Edge Priority operates in a crowded fintech and payments landscape but has carved out a distinct position as a unified commerce and payments platform, rather than just a basic processor. Its ability to combine payment processing, banking‑as‑a‑service, and vendor management into one ecosystem makes it more of a financial infrastructure partner than a point solution. High customer retention and recognition as one of the larger non‑bank merchant acquirers in the U.S. suggest meaningful scale and stickiness. Deep relationships with major networks and banks add credibility and distribution. The main strategic risk is that the broader payments and embedded finance market is highly competitive and fast‑moving, so staying ahead on integration, pricing, and reliability is critical.

Innovation and R&D

Innovation and R&D Innovation is clearly a core part of the strategy. Priority has built proprietary platforms—such as its MX suite, CPX for payables automation, and Passport for embedded payments—that allow software partners and enterprises to plug payments and banking directly into their own systems. The company is leaning into embedded finance and banking‑as‑a‑service trends, using acquisitions like Finxera and Plastiq to deepen its capabilities. Its focus on automating complex flows like accounts payable, treasury, and industry‑specific solutions (for areas like real estate, construction, and sports) positions it in higher‑value niches rather than pure commodity payments. The opportunity is significant, but execution risk is high because these areas require strong compliance, technology reliability, and ongoing product investment.

Summary

Priority Technology shows a business that is successfully growing its top line and improving operating performance, with a platform that appears to be gaining traction in unified commerce, embedded finance, and payables automation. Cash flow generation is generally solid and somewhat better than the patchy net income figures might imply. On the other hand, the balance sheet is leveraged and has slipped back into negative equity, which raises sensitivity to interest costs, refinancing needs, and any downturn in transaction volumes. Strategically, the company enjoys a differentiated product set, strong partnerships, and high customer retention, but operates in a competitive, rapidly evolving fintech environment where continued innovation and careful balance sheet management will be key to sustaining its position and turning scale into durable, consistent profitability.

NEWS

November 25, 2025 · 8:00 AM UTC

PRTH STOCKHOLDER NOTICE: Kaskela Law LLC Announces Investigation of Priority Technology Holdings, Inc. (PRTH) and Encourages Long-Term investors to Contact the Firm

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November 19, 2025 · 9:05 AM UTC

Buckley Capital Advisors Issues Statement Regarding Controlling Shareholder's Take-Private Proposal for Priority Technology Holdings, Inc.

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November 13, 2025 · 12:37 PM UTC

Priority Technology Holdings: Kehoe Law Firm Investigating Proposed All-Cash Acquisition - PRTH

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November 12, 2025 · 10:19 AM UTC

Priority Technology Holdings, Inc. Forms Special Committee to Evaluate Preliminary, Non-Binding Take Private Proposal

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November 12, 2025 · 8:00 AM UTC

INVESTOR NOTICE: Kaskela Law LLC Announces Investigation of Priority Technology Holdings, Inc. (NASDAQ: PRTH) and Encourages Long-Term PRTH Shareholders to Contact the Firm to Protect Their Investment  

Read more