PRTH
Priority Technology Holdings, Inc.5.52
-0.02-0.36%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A reaffirms guide, adds sales cycle color.
Q&A largely reaffirms prepared remarks amid stabilizing macro after Q3 surprises, with management attributing conservative Merchant Solutions guidance to long enterprise/ISV sales cycles despite a robust pipeline in real estate and sports/NIL. CFTPay enrollments followed seasonal patterns, while growth accelerates in Passport and Tech Ventures via new partners. Free cash flow run-rate tops $110M, fueling delevering to under 4x pro forma leverage. Payables operating leverage moderates as margins track revenue growth. Pipeline strong, cycles long. Confident execution tone; watch enterprise ramps and ventures adoption.
Key Stats
Market Cap
451.93MP/E (TTM)
10.42Basic EPS (TTM)
0.53Dividend Yield
0%Recent Filings
10-K
FY2025 results
Priority Technology Holdings crushed FY2025 with $953M revenue, up 8.3% y/y, fueled by Merchant Solutions' 4.6% volume growth to $72.4B and Treasury's 19.6% surge from enrollments hitting 1M+ billed clients. Q4 accelerated via DMS acquisition, boosting Merchant processing while Treasury account balances swelled to $1.7B; margins held firm despite mix shifts. Operating income hit $141M; net swung to $56M profit. Debt at $1.1B funds growth, revolver wide open. Yet cyber breaches threaten processing continuity.
8-K
Q4 revenue up 8.8%, margins expand
Priority Technology Holdings reported Q4 2025 revenue of $247.1 million, up 8.8% YoY with 6.8% organic, as adjusted gross profit jumped 19.4% to $100.2 million at 40.6% margin. Full-year revenue hit $953.0 million, up 8.3%, with adjusted EBITDA rising 10.2% to $225.2 million. Margins expanded on Treasury and Payables strength, yet operating income dipped slightly. Guides 2026 revenue to $1.01-$1.04 billion.
8-K
Special Committee hires advisors
Priority Technology's Special Committee hired Barclays as financial advisor and Paul, Weiss as legal counsel to scrutinize Thomas Priore's preliminary, non-binding take-private proposal from November 9, 2025. Formed post-proposal, the panel eyes strategic alternatives too. No timetable set. No deal assured.
8-K
Special committee eyes take-private
Priority Technology Holdings formed a special committee of independent directors to evaluate Chairman and CEO Thomas Priore's preliminary, non-binding proposal to take the company private at $6.00 to $6.15 per share for shares he doesn't own. No assurance exists of a definitive offer or deal closure. Special committee formed.
8-K
Take-private proposal received
IPO
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