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Paysign, Inc. (PAYS) Fundamental Analysis & AI Grade 2026

PAYS Nasdaq Services-Business Services, NEC NV CIK: 0001496443
Updated This Month • Analysis: May 14, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
70% Confidence
N/A
A
70% Conf
Pending
Analysis scheduled

📊 PAYS Key Takeaways

Revenue: $28.0M
Net Margin: 19.4%
Free Cash Flow: $18.5M
Current Ratio: 1.12x
Debt/Equity: 0.08x
EPS: $0.09
AI Grade: A with 70% confidence
Paysign, Inc. (PAYS) receives a A fundamental grade with 70% confidence from our AI analysis based on SEC 10-K filings. With revenue of $28.0M, net profit margin of 19.4%, and return on equity (ROE) of 9.9%, Paysign, Inc. demonstrates strong fundamentals in the Services sector. Below is our complete PAYS stock analysis for 2026.

Is Paysign, Inc. (PAYS) a Good Investment?

Claude

Paysign exhibits strong revenue growth of 40.5% YoY with exceptional free cash flow generation (66% of revenue), indicating a fundamentally sound and highly cash-generative business. The substantial operating cash flow (18.8M) relative to net income (5.4M) suggests non-cash charges from acquisitions or capital investments are masking operational strength, while an excellent balance sheet (0.08x D/E) provides financial stability despite flat net income growth.

Paysign, Inc. Key Strengths (PAYS)

Claude
  • + Exceptional free cash flow margin of 66% demonstrates strong cash generation independent of reported earnings
  • + Strong revenue growth of 40.5% YoY with high gross margin of 65% showing pricing power
  • + Excellent balance sheet with minimal debt (0.08x D/E ratio) and only 4.6M long-term debt providing downside protection
  • + Operating cash flow of 18.8M significantly exceeds net income of 5.4M, indicating quality earnings and likely non-cash charges
  • + Operating margin of 23.8% and 67% operating cash flow margin show underlying operational efficiency

PAYS Stock Risks: Paysign, Inc. Investment Risks

Claude
  • ! Net income flat YoY despite 40.5% revenue growth indicates margin compression or operating expense growth outpacing gross profit growth
  • ! Low return on assets (1.7%) and modest ROE (9.9%) suggest capital inefficiency or acquisition integration challenges
  • ! Current ratio of 1.12x provides minimal liquidity cushion for unexpected cash demands
  • ! High asset base (312.7M) relative to revenue (28M) and low profit returns suggest potential capital deployment inefficiency
  • ! Rapid operating expense growth may indicate unsustainable cost structure if not managed

Key Metrics to Watch

Claude
  • * Free cash flow trend and sustainability of exceptional 66% FCF margin
  • * Net income growth rate acceleration - must improve from flat growth to validate business model
  • * Operating margin stability and operating expense ratio - critical to understand profitability trajectory
  • * Return on assets improvement over time - ROA of 1.7% should increase as company achieves operational scale

Paysign, Inc. (PAYS) Financial Metrics & Key Ratios

Revenue
$28.0M
Net Income
$5.4M
EPS (Diluted)
$0.09
Free Cash Flow
$18.5M
Total Assets
$312.7M
Cash Position
$20.5M

💡 AI Analyst Insight

The 66.0% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

PAYS Profit Margin, ROE & Profitability Analysis

Gross Margin 65.0%
Operating Margin 23.8%
Net Margin 19.4%
ROE 9.9%
ROA 1.7%
FCF Margin 66.0%

PAYS vs Services Sector: How Paysign, Inc. Compares

How Paysign, Inc. compares to Services sector averages

Net Margin
PAYS 19.4%
vs
Sector Avg 10.0%
PAYS Sector
ROE
PAYS 9.9%
vs
Sector Avg 16.0%
PAYS Sector
Current Ratio
PAYS 1.1x
vs
Sector Avg 1.5x
PAYS Sector
Debt/Equity
PAYS 0.1x
vs
Sector Avg 0.7x
PAYS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Paysign, Inc. Stock Overvalued? PAYS Valuation Analysis 2026

Based on fundamental analysis, Paysign, Inc. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
9.9%
Sector avg: 16%
Net Profit Margin
19.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.08x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Paysign, Inc. Balance Sheet: PAYS Debt, Cash & Liquidity

Current Ratio
1.12x
Quick Ratio
1.12x
Debt/Equity
0.08x
Debt/Assets
82.4%
Interest Coverage
N/A
Long-term Debt
$4.6M

PAYS Revenue & Earnings Growth: 5-Year Financial Trend

PAYS 5-year financial data: Year 2021: Revenue $29.5M, Net Income -$9.1M, EPS $-0.19. Year 2022: Revenue $38.0M, Net Income -$2.7M, EPS $-0.05. Year 2023: Revenue $47.3M, Net Income $1.0M, EPS $0.02. Year 2024: Revenue $58.4M, Net Income $6.5M, EPS $0.12. Year 2025: Revenue $82.0M, Net Income $3.8M, EPS $0.07.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Paysign, Inc.'s revenue has grown significantly by 178% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.07 reflects profitable operations.

PAYS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
66.0%
Free cash flow / Revenue

PAYS Quarterly Earnings & Performance

Quarterly financial performance data for Paysign, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $18.6M $2.6M $0.05
Q3 2025 $15.3M $309.1K $0.03
Q2 2025 $14.3M $309.1K $0.01
Q1 2025 $13.2M $309.1K $0.01
Q3 2024 $12.4M -$104.2K $0.02
Q2 2024 $11.0M -$104.2K $0.00
Q1 2024 $10.1M -$160.1K $0.00
Q3 2023 $10.6M -$104.2K $0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Paysign, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$18.8M
Cash generated from operations
Stock Buybacks
$199.7K
Shares repurchased (TTM)
Capital Expenditures
$266.5K
Investment in assets
Dividends
None
No dividend program

PAYS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Paysign, Inc. (CIK: 0001496443)

📋 Recent SEC Filings

Date Form Document Action
May 29, 2026 4 xslF345X06/ownership.xml View →
May 29, 2026 4 xslF345X06/ownership.xml View →
May 20, 2026 4 xslF345X06/ownership.xml View →
May 20, 2026 4 xslF345X06/ownership.xml View →
May 14, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about PAYS

What is the AI rating for PAYS?

Paysign, Inc. (PAYS) has an AI grade of A with 70% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PAYS's key strengths?

Claude: Exceptional free cash flow margin of 66% demonstrates strong cash generation independent of reported earnings. Strong revenue growth of 40.5% YoY with high gross margin of 65% showing pricing power.

What are the risks of investing in PAYS?

Claude: Net income flat YoY despite 40.5% revenue growth indicates margin compression or operating expense growth outpacing gross profit growth. Low return on assets (1.7%) and modest ROE (9.9%) suggest capital inefficiency or acquisition integration challenges.

What is PAYS's revenue and growth?

Paysign, Inc. reported revenue of $28.0M.

Does PAYS pay dividends?

Paysign, Inc. does not currently pay dividends.

Where can I find PAYS SEC filings?

Official SEC filings for Paysign, Inc. (CIK: 0001496443) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PAYS's EPS?

Paysign, Inc. has a diluted EPS of $0.09.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PAYS's fundamental grade?

Based on our AI fundamental analysis in June 2026, Paysign, Inc. has a A grade with 70% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is PAYS stock overvalued or undervalued?

Valuation metrics for PAYS: ROE of 9.9% (sector avg: 16%), net margin of 19.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is PAYS's AI grade for 2026?

Our dual AI analysis gives Paysign, Inc. a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is PAYS's free cash flow?

Paysign, Inc.'s operating cash flow is $18.8M, with capital expenditures of $266.5K. FCF margin is 66.0%.

How does PAYS compare to other Services stocks?

Vs Services sector averages: Net margin 19.4% (avg: 10%), ROE 9.9% (avg: 16%), current ratio 1.12 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 14, 2026 | Data as of: 2026-03-31 | Powered by Claude AI