Priority Technology Holdings Inc
prioritycommerce.comWhat Do They Do?
Processes card and electronic payments for merchants, and provides automated bill-payment and banking tools to businesses, software partners, and financial institutions.
10-K for FY2025, filed Mar 10, 2026Merchant Solutions: Provides full-service acquiring and payment-enabled solutions for B2C transactions, leveraging Priority's proprietary…View ↗
Our Treasury Solutions segment provides embedded finance and BaaS solutions to customers that modernize legacy platforms and accelerate…View ↗
Merchant Solutions – The Company's Merchant Solutions segment enables the Company's customers to accept card, electronic and digital-based…View ↗
How Do They Make Money?
Merchant card processing brings in fees based on a percentage of each transaction, plus some monthly and service fees, under multi-year merchant contracts. Payables earns fees per transaction; Treasury Solutions also charges monthly subscriptions, setup and transaction fees, and earns interest on customer balances.
10-K for FY2025, filed Mar 10, 2026Typically, revenues generated from these transactions are based on a variable percentage of the dollar amount of each transaction, and in…View ↗
We generate revenue primarily from payment processing transactions, and from monthly services and other solutions provided to customers and…View ↗
Payables – The Company's Payables segment enables the Company's customers to automate their accounts payable and other commercial payments…View ↗
Enrollment fees: The enrollment fees are charged for services provided in connection with initial setup (i.e. data verification and review…View ↗
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10-K for FY2025, filed Mar 10, 2026
FY2025 revenue by product or service ↗
$953M
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10-K for FY2025, filed Mar 10, 2026
$953M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Merchant card fees
Usage-based
10-K for FY2025, filed Mar 10, 2026 |
75%
FY2022: 83%
|
Merchant card fees, FY2025
$710.9M Sources
|
Usage-based |
|
Money transmission services
Mix
10-K for FY2025, filed Mar 10, 2026 |
17%
FY2022: 11%
|
Money transmission services, FY2025
$159.2M Sources
|
Mix |
|
Outsourced services and other services
|
7.4%
FY2022: 4.5%
|
Outsourced services and other services, FY2025
$70.7M Sources
|
|
|
Equipment
Sold outright
|
1.3%
FY2022: 1.4%
|
Equipment, FY2025
$12.2M Sources
|
Sold outright |
Who Are Their Customers?
Merchants are reached through resellers, financial institutions, software partners and direct sales. Payables and treasury clients include businesses, financial institutions and software platforms, reached through direct sales, referrals or integrations.
10-K for FY2025, filed Mar 10, 2026We reach our Merchant Solutions segment through three primary sales channels: 1) ISOs (Retail and Wholesale) and Agents; 2) FIs; and 3)…View ↗
Our Payables segment obtains its partner clients through: 1) direct sales initiatives; 2) ISVs and business partnerships; 3) the card…View ↗
Our Treasury Solutions segment goes to market through integrations with software partners and business platform customers by enabling them…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 6 cents of every revenue dollar as net income in FY2025 and turned 8 cents into free cash flow.
10-K for FY2025, filed Mar 10, 2026
$141.2MView ↗
10-K for FY2025, filed Mar 10, 2026
$55.7MView ↗
10-K for FY2025, filed Mar 10, 2026
$75.1MView ↗
How Are They Changing?
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Aug 26, 2026
Announced an agreement to acquire IntelliPay
The acquisition would extend enterprise payments into the public sector.
Sources
8-K, filed Aug 26, 2026
Priority Commerce Announces Acquisition of IntelliPayView ↗
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Aug 6, 2026
Affirmed full-year revenue guidance
The forecast calls for revenue of $1.01 billion to $1.04 billion.
Sources
8-K, filed Aug 6, 2026
Revenue forecast to range between $1.01 billion to $1.04 billion, a growth rate of 6% to 9% compared to fiscal 2025 results Adjusted gross…View ↗
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Mar 17, 2026
Replaced EY with KPMG as independent auditor
Sources
8-K, filed Mar 17, 2026
On March 11, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Priority Technology Holdings, Inc. (the…View ↗
Growing. Revenue grew 85% in 4 years, from $514.9M in FY2021 to $953M in FY2025, about 17% a year.
Expanded payables offerings
The newer report adds Plastiq Pay, which lets businesses pay suppliers by credit card even when cards are not accepted; the older report described automated buyer-to-supplier payments through CPX.
10-K for FY2025, filed Mar 10, 2026 10-K for FY2022, filed Mar 23, 2023Alongside CPX as part of the AP suite, Priority acquired the assets of Plastiq Inc. through its subsidiary Plastiq, Powered by Priority…View ↗
In addition to our SMB offering, we have diversified our source of revenues through our growing presence in the B2B market. We provide…View ↗
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