AI Earnings Predictions for Repay Holdings Corporation (RPAY)

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EX-99.1

REPAY Reports Second Quarter 2026 Financial Results

Sustained Organic Growth and Healthy Free Cash Flow during Q2

Reiterates 2026 Outlook that includes KUBRA contributions

Strong Execution towards Run-Rate Synergies

ATLANTA, August 10, 2026 -- Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”), a leading provider of bill payment solutions, today reported financial results for its second quarter ended June 30, 2026.

Second Quarter 2026 Financial Highlights

($ in millions)

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Q2 2026

Revenue

$

75.6

$

77.7

$

78.6

$

80.8

$

100.7

Net (loss) income (1)

(108.0

)

(6.6

)

(148.3

)

(10.0

)

(11.5

)

Adjusted EBITDA (2)

31.8

31.2

32.4

34.4

36.3

Net cash provided by operating activities

33.1

32.2

23.3

16.8

40.2

Free Cash Flow (2)

22.6

20.8

13.8

5.4

27.4

Free Cash Flow Conversion (2)

71

%

67

%

43

%

16

%

75

%

(1) During the second and fourth quarter of 2025, Net loss was impacted by a $103.8 million and a $138.9 million goodwill impairment loss, respectively, primarily related to the Consumer Payments segment. Further information about this non-cash impairment loss can be found in the Annual Report on Form 10-K for the year ended December 31, 2025.

(2) Adjusted EBITDA, Free Cash Flow and Free Cash Flow Conversion are non-GAAP financial measures. See “Non-GAAP Financial Measures” and the reconciliation of Adjusted EBITDA, Free Cash Flow and Free Cash Flow Conversion to their most comparable GAAP measure provided below for additional information.

"It has been an exciting time for REPAY during the second quarter," John Morris, Chief Executive Officer of REPAY. "We delivered revenue growth of 33%, achieved approximately 6% organic revenue growth1, while generating $27.4 million of Free Cash Flow. Our most significant corporate development this year was completing the KUBRA acquisition in June and we immediately began executing on the integration. REPAY is now fully positioned to be a leading Consumer Bill Payment and Communication Services platform in the United States and Canada. We look forward to our continued execution during the second half of the year, where we are confident in our ability to accelerate organic growth into double-digits while also creating value from KUBRA contributions and realized synergies."

Second Quarter 2026 Business Highlights

The Company's achievements in the quarter, including those highlighted below, reinforce management's belief in the ability of the Company to drive durable and long-term growth across REPAY's diversified business model.

• Reported revenue growth of 33% and organic revenue growth1 of 6% year-over-year

• Consumer Payments revenue growth and organic revenue growth1 was 33% and 4% year-over-year

• Business Payments revenue growth and normalized organic revenue growth1 was 32% and 19% year-over-year

• KUBRA contributed approximately $21 million of revenue during the quarter (for June 2026), representing 5% year-over-year growth compared to June 2025

1 Organic revenue growth and normalized organic revenue growth are non-GAAP financial measures. See “Non-GAAP Financial Measures” and the reconciliations to their most comparable GAAP measure provided below for additional information.

• Now reaches over 352 software partners across our Consumer and Business Payment verticals, which includes 54 partners from the KUBRA acquisition

• Accelerated AP supplier network to over 731,000, an increase of approximately 66% year-over-year

2026 Outlook

“With a solid strong first half behind us, we are confident in achieving the 2026 Outlook,” said Robert Houser, Chief Financial Officer of REPAY. "The progress is evident as we move into the second half of 2026. As we work through implementations and continue our sales momentum, REPAY has the teams in place for organic growth to accelerate into double-digits and offers a complete platform for additional value creation opportunities with KUBRA. The combined free cash flow generation and expected synergy realization gives us confidence in obtaining our net leverage target of returning below 3x over the next 18 months."

As we previously provided in the press release announcing the closing of the KUBRA acquisition on June 1st, REPAY updated its outlook for full year 2026 to incorporate KUBRA’s expected contributions for the remaining seven months of the year. KUBRA is expected to contribute between $150 million and $154 million in revenue and between $27.5 million and $30 million in Adjusted EBITDA during 2026. On an organic basis, REPAY expects approximately 10% to 12% revenue growth. REPAY is reiterating the 2026 outlook presented at that time and continues to expect the following financial results for full year 2026:

Full Year 2026 Outlook

Revenue

$490 - 500 million

Adjusted EBITDA

$168.5 - 176 million

Free Cash Flow Conversion

30%

Adjusted Free Cash Flow Conversion

35%

REPAY do

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