PAYS

Company Overview — What Does Paysign, Inc. Do?

PaySign, Inc. provides prepaid card products and processing services under the PaySign brand for corporate, consumer, and government applications. It offers various services, such as transaction processing, cardholder enrollment, value loading, cardholder account management, reporting, and customer service through PaySign, a proprietary card-processing platform. The company also develops prepaid card programs for corporate incentive and rewards, including consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments, and pharmaceutical payment assistance; and payroll or general purpose reloadable cards, as well as gift or incentive cards. In addition, it offers and Per Diem/Corporate Expense Payments that allows businesses, and non–profits and government agencies the ability to control employee spending while reducing administration costs by eliminating the need for traditional expense reports. Further, the company provides payment claims processing and other administrative services; pharmacy-based voucher and copay, and medical claims and debit-based affordability programs; PaySign Premier, a demand deposit account debit card; and payment solution for source plasma collection centers, as well as customer service center and PaySign Communications Suite services. Its principal target markets for processing services comprise prepaid card issuers, retail and private-label issuers, small third-party processors, and small and mid-size financial institutions in the United States and Mexico. The company was formerly known as 3PEA International, Inc. and changed its name to PaySign, Inc. in April 2019. PaySign, Inc. was incorporated in 1995 and is based in Henderson, Nevada. Paysign, Inc. (PAYS) is classified as a small-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Mark R. Newcomer and employs approximately 80 people. With a market capitalization of $321M, PAYS is one of the notable companies in the Industrials sector.

Paysign, Inc. (PAYS) Stock Rating — Hold (April 2026)

As of April 2026, Paysign, Inc. receives a Hold rating with a composite score of 39.5/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.PAYS ranks #1,313 out of 4,446 stocks in our coverage universe. Within the Industrials sector, Paysign, Inc. ranks #208 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

PAYS Stock Price and 52-Week Range

Paysign, Inc. (PAYS) currently trades at $5.23. The stock lost $0.30 (5.4%) in the most recent trading session. The 52-week high for PAYS is $8.88, which means the stock is currently trading -41.1% from its annual peak. The 52-week low is $1.80, putting the stock 190.6% above its annual trough. Recent trading volume was 1.5M shares, reflecting moderate market activity.

Is PAYS Overvalued or Undervalued? — Valuation Analysis

Paysign, Inc. (PAYS) carries a value factor score of 49/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 42.48x, compared to the Industrials sector average of 28.33x — a premium of 50%. The price-to-book ratio stands at 6.68x, versus the sector average of 2.23x. The price-to-sales ratio is 4.35x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, PAYS trades at 27.72x EV/EBITDA, versus 5.70x for the sector.

Overall, PAYS's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Paysign, Inc. Profitability — ROE, Margins, and Quality Score

Paysign, Inc. (PAYS) earns a quality factor score of 39/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 15.7%, compared to the Industrials sector average of 8.9%, which is within a healthy range. Return on assets (ROA) comes in at 2.8% versus the sector average of 3.3%.

On a margin basis, Paysign, Inc. reports gross margins of 59.1%, compared to 35.8% for the sector. The operating margin is 8.2% (sector: 6.2%). Net profit margin stands at 10.2%, versus 3.9% for the average Industrials stock. Revenue growth is running at 50.7% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

PAYS Debt, Balance Sheet, and Financial Health

Paysign, Inc. has a debt-to-equity ratio of 470.0%, compared to the Industrials sector average of 70.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.11x, suggesting adequate working capital coverage. Total debt on the balance sheet is $8M. Cash and equivalents stand at $8M.

PAYS has a beta of 1.14, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Paysign, Inc. is 27/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

Paysign, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Paysign, Inc. reported revenue of $75M and earnings per share (EPS) of $0.14. Net income for the quarter was $8M. Gross margin was 59.1%. Operating income came in at $6M.

In FY 2025, Paysign, Inc. reported revenue of $82M and earnings per share (EPS) of $0.14. Net income for the quarter was $8M. Gross margin was 59.4%. Revenue grew 40.5% year-over-year compared to FY 2024. Operating income came in at $7M.

In Q3 2025, Paysign, Inc. reported revenue of $22M and earnings per share (EPS) of $0.04. Net income for the quarter was $2M. Gross margin was 56.3%. Revenue grew 41.6% year-over-year compared to Q3 2024. Operating income came in at $2M.

In Q2 2025, Paysign, Inc. reported revenue of $19M and earnings per share (EPS) of $0.03. Net income for the quarter was $1M. Gross margin was 61.6%. Revenue grew 33.1% year-over-year compared to Q2 2024. Operating income came in at $1M.

Over the past 8 quarters, Paysign, Inc. has demonstrated a growth trajectory, with revenue expanding from $14M to $75M. Investors analyzing PAYS stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

PAYS Dividend Yield and Income Analysis

Paysign, Inc. (PAYS) does not currently pay a dividend. This is common among smaller companies in the Business Services industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.

PAYS Momentum and Technical Analysis Profile

Paysign, Inc. (PAYS) has a momentum factor score of 58/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 22/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 9/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

PAYS vs Competitors — Industrials Sector Ranking and Peer Comparison

Within the Industrials sector, Paysign, Inc. (PAYS) ranks #208 out of 752 stocks based on the Blank Capital composite score. This places PAYS in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.

Comparing PAYS against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full PAYS vs S&P 500 (SPY) comparison to assess how Paysign, Inc. stacks up against the broader market across all factor dimensions.

PAYS Next Earnings Date

No upcoming earnings date has been announced for Paysign, Inc. (PAYS) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy PAYS? — Investment Thesis Summary

Paysign, Inc. presents a balanced picture with arguments on both sides. The quality score of 39/100 flags below-average profitability. High volatility (stability score 27/100) increases portfolio risk.

In summary, Paysign, Inc. (PAYS) earns a Hold rating with a composite score of 39.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on PAYS stock.

Related Resources for PAYS Investors

Explore more research and tools: PAYS vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare PAYS head-to-head with peers: PAYS vs SOBO, PAYS vs TEN, PAYS vs GLDD.