Usio Stock Earnings Reports

Usio reported a record Q1 FY2026 driven by strong volume growth across multiple business units. Key financials: total revenue +16% YoY (highest quarterly revenue in company history), card revenue +23% to $9.7M, ACH and complementary services +25%, Output Solutions +19%, total dollars processed +28% and total transactions +22%. The company delivered positive GAAP net income (~$130K), positive adjusted EBITDA and positive operating cash flow, ended the quarter with about $7.7M in cash and only one small term loan outstanding. Management reiterated full-year guidance of 10%–12% revenue growth with continued positive adjusted EBITDA and a plan to keep cash SG&A relatively flat. Strategic highlights: PayFac is now the dominant driver of card revenue (78% of card revenue) and is growing at >20%, continued momentum in real-time payments (RTP) with rapid adoption (from ~2k transactions in January to >200k most recent month), prepaid has sizable pipeline including potential state school voucher distributions (could exceed $1B in disbursements), Output Solutions is scaling (print and electronic volumes rising, new faster printer coming online), and cross-selling via the Usio One initiative is producing measurable results. Management expects margin improvement as mix shifts toward higher-margin RTP and electronic output, and plans to launch PostCredit (a Usio-managed settlement account product) to simplify client banking relationships and drive wallet-share. Overall tone: sustained execution, cautious optimism, and continued focus on cross-sell and product-led growth.