Repay Q2 Revenue Beats, EBITDA Misses; Guides FY Revenue Up to $500M
RPAY sits 65% above its 52-week low of $2.3.
Summary
Repay Holdings reported Q2 revenue of $100.7M, beating the $96.5M consensus by 4.4%, driven by the KUBRA acquisition and organic growth. Adjusted EBITDA of $36.3M missed estimates by $1.2M, while net loss widened to $11.5M. The company issued full-year 2026 revenue guidance of $490M-$500M and Adjusted EBITDA of $168.5M-$176M, implying a significant ramp in the second half. This follows the June completion of the $372M KUBRA acquisition, which contributed $21M in its first month, and ongoing activist pressure from Forager Capital, which has bid $5.25/share. The revenue beat and strong guidance may strengthen the board's hand against the activist, but the EBITDA miss and net loss keep execution risk in focus.
At the time of this announcement, RPAY was trading at $3.80 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $337.4M. The 52-week trading range was $2.30 to $6.06. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Reuters.