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Paymentus Holdings (Paymentus Holdings) Gross Profit : $182.3 Mil (TTM As of Dec. 2023)


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What is Paymentus Holdings Gross Profit?

Paymentus Holdings's gross profit for the three months ended in Dec. 2023 was $49.5 Mil. Paymentus Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $182.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Paymentus Holdings's gross profit for the three months ended in Dec. 2023 was $49.5 Mil. Paymentus Holdings's Revenue for the three months ended in Dec. 2023 was $164.8 Mil. Therefore, Paymentus Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 30.03%.

Paymentus Holdings had a gross margin of 30.03% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Paymentus Holdings was 31.57%. The lowest was 29.67%. And the median was 30.69%.


Paymentus Holdings Gross Profit Historical Data

The historical data trend for Paymentus Holdings's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Paymentus Holdings Gross Profit Chart

Paymentus Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
74.43 92.63 121.38 149.68 182.34

Paymentus Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.14 40.08 45.86 46.91 49.49

Competitive Comparison of Paymentus Holdings's Gross Profit

For the Software - Infrastructure subindustry, Paymentus Holdings's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Paymentus Holdings's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Paymentus Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Paymentus Holdings's Gross Profit falls into.



Paymentus Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Paymentus Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=614.49 - 432.148
=182.3

Paymentus Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=164.8 - 115.308
=49.5

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $182.3 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Paymentus Holdings's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=49.5 / 164.8
=30.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Paymentus Holdings  (NYSE:PAY) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Paymentus Holdings had a gross margin of 30.03% for the quarter that ended in Dec. 2023 => Competition eroding margins


Paymentus Holdings Gross Profit Related Terms

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Paymentus Holdings (Paymentus Holdings) Business Description

Traded in Other Exchanges
N/A
Address
11605 N. Community House Road, Suite 300, Charlotte, NC, USA, 28277
Paymentus Holdings Inc provides electronic bill presentment and payment services, enterprise customer communication and self-service revenue management to billers and financial institutions through a Software-as-a-Service, (SaaS), secure, omni-channel technology platform. The platform integrates into a biller's core financial and operating systems to provide flexible and secure access to payment processing of credit cards, debit cards, eChecks and digital wallets across a number of channels including online, mobile, IVR, call center, chatbot and voice-based assistants. The Company generates revenue from payment transaction fees processed through the Company's platform. The fees are generated as a percentage of transaction value or a specified fee per transaction.
Executives
Andrew A. Gerber officer: General Counsel and Secretary 18390 NE 68TH ST., REDMOND WA 98052
Gerasimos (jerry) Portocalis officer: Chief Commercial Officer 18390 NE 68TH ST., REDMOND WA 98052
Arun Oberoi director 100 EAST DAVIE STREET, RALEIGH NC 27601
Sanjay Kalra officer: SVP and CFO HARMONIC INC., 4300 NORTH FIRST STREET, SAN JOSE CA 95134
Paul E. Seamon officer: Interim CFO 18390 NE 68TH ST, REDMOND WA 98052
Matt Parson officer: Chief Financial Officer 18390 NE 68TH ST., REDMOND WA 98052
Gary Trainor director 18390 NE 68TH ST., REDMOND WA 98052
Jody R Davids director C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Dushyant Sharma director, 10 percent owner, officer: Chairman, President and CEO 18390 NE 68TH ST., REDMOND WA 98052
William Ingram director C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Accel-kkr Growth Capital Partners Ii, Lp 10 percent owner 2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Accel-kkr Growth Capital Partners Ii Strategic Fund, Lp 10 percent owner 2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
John C Morrow officer: General Counsel and Secretary 11100 NE 8TH ST #600, BELLEVUE WA 98004
Accel-kkr Growth Capital Partners Iii, Lp 10 percent owner 2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Accel-kkr Capital Partners Cv Iii, Lp 10 percent owner 2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025