Repay Hits Stride in Q1 2026 with Strong Revenue Growth and Scaled Payment Solutions
Repay, a leading provider of digital payment solutions, has made a solid start to the year, reporting a 4% revenue growth in its first quarter 2026 earnings conference call. The company's CEO, John Morris, highlighted the strong performance, saying "We had a solid start to the year after exiting 2025 with continued momentum."
One of the key highlights from the quarter was Repay's strategic acquisition of KUBRA, which positions the company as a leader in the digital journey across the payment ecosystem. Morris noted that the acquisition "creates a scaled bill payment provider" and will enable Repay to provide enhanced services to its clients.
Repay also reported strong Adjusted EBITDA margins of approximately 43% during Q1, and continued to generate positive Free Cash Flow. The company exited the quarter with over 297 software partners across its consumer and business payment verticals, a significant increase from previous periods.
In consumer payments, Repay saw a 4% year-over-year revenue growth, driven by the adoption of new enterprise clients who are adopting more payment channels and modalities. The company has also seen strong interest in its Digital Wallet capabilities and began its phased rollout of Repay Voice AI to select enterprise clients.
Repay's sales and customer support teams have been investing in enhancing software integrations, which is expected to drive accelerating growth throughout the year. The company is confident that its pipeline of clients will lead to further growth as it moves through 2026.
In addition to revenue growth, Repay has also been focused on automating workflows and deploying AI capabilities to improve processes such as performance and risk monitoring for its ever-growing volumes on its gateway. The company has also optimized network routing, leading to tangible payment efficiencies.
The board of directors at Repay has unanimously rejected an unsolicited, non-binding proposal from Forager Capital to acquire the outstanding shares of the company, citing that it significantly undervalues the company and is not in shareholders' best interest.
