Priority Technology Holdings, Inc. (PRTH) Form 10-Q — Aug 6, 2026
Priority Technology Holdings' Q2 2026 revenue rose 9.4% year over year to $262.3 million, with six-month revenue up 10.2% to $511.8 million, driven by higher card processing dollar volumes, acquisitions, and more billed treasury clients. Quarterly net income attributable to common stockholders nonetheless slipped to $9.9 million from $10.9 million, with diluted EPS of $0.12 versus $0.14 a year ago. The balance sheet improved: cash grew to $120.3 million from $77.2 million at year-end 2025, first-half operating cash flow doubled to $55.3 million, and total stockholders' deficit narrowed to $71.1 million from $92.4 million.
Key figures
- Eps
- $0.12 Q2 diluted (vs $0.14 prior year); $0.23 six-month diluted (vs $0.24)
- Revenue
- 262256000
- Net Income
- 9863000
- Total Debt
- 1062884000
- Revenue Yoy
- 9.4% (Q2); 10.2% (six months)
- Total Assets
- 2496391000
- Cash Position
- 120261000
- Maturity Date
- July 31, 2032 (2024 Credit Agreement term facility); July 31, 2030 (revolver)
- Shares Outstanding
- 82440372
- Working capital
- 151800000
- Settlement assets
- 1372510000
- Six month revenue
- 511814000
- Payables revenue q2
- 30430000
- Effective tax rate q2
- 27.7%
- Revolver availability
- 100000000
- Adjusted ebitda h1 2026
- 117489000
- Adjusted ebitda q2 2026
- 59395000
- Merchant losses q2 2025
- 200000
- Merchant losses q2 2026
- 2200000
- Operating cash flow h1 2026
- 55345000
- Merchant solutions revenue q2
- 175778000
- Treasury solutions revenue q2
- 60519000
- Share repurchase authorization
- $40.0 million / 5,000,000 shares (amended May 5, 2025; no repurchases under amended plan)
- Treasury solutions adjusted ebitda q2
- 47513000
- Contingent deferred consideration fair value
- 28900000
Price after filing
Close on the filing date to close N calendar days later (from $6.71). Historical, not a forecast.
AI analysis
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