Repay Holdings Corporation filings document operating results, Regulation FD materials and material events for a payments technology company serving industry-oriented vertical markets. Recent Form 8-K disclosures report quarterly and annual financial results, preliminary results, earnings supplements, investor presentations, adjusted EBITDA, free cash flow and segment activity in Consumer Payments and Business Payments.
The company’s filings also cover governance and capital-structure matters, including its Class A common stock, preferred share purchase rights, a stockholder rights agreement and related modifications to security-holder rights. Other disclosures address executive compensation programs, leadership transitions, material agreements and risk-factor references tied to REPAY’s public-company reporting.
Repay Holdings Corp ownership disclosure: AQR Capital Management, LLC and AQR Capital Management Holdings, LLC report beneficial ownership of 5,510,539 shares of Class A Common Stock, representing 6.42% of the class. The reported amount includes Convertible Notes representing 1,517,928 shares.
The filing lists shared voting power of 5,330,027 shares and shared dispositive power of 5,510,539 shares. AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC.
Morrow Matthew Edward reported acquisition or exercise transactions in this Form 4 filing.
Repay Holdings Corp Executive Vice President Matthew Edward Morrow received a grant of 260,416 shares of restricted Class A common stock as compensation. The award vests in four equal annual installments starting on May 12, 2027, and was issued as an inducement to his employment, outside the company’s omnibus incentive plan. Following this grant, he directly holds 260,416 shares.
Repay Holdings Corp Executive Vice President Matthew Edward Morrow filed an initial Form 3 reporting his status as an officer of the company. The filing does not list any equity transactions or derivative positions, indicating no reportable trades or option exercises at this time.
Repay Holdings Corp's Chief Accounting Officer, Thomas Eugene Sullivan, reported a routine tax-related share disposition. On the vesting of previously granted time-based restricted stock, 3,897 shares of Class A Common Stock were withheld at $3.49 per share to cover his tax liability, leaving him with 244,664 shares directly owned.
Repay Holdings Corporation reported a net loss for the quarter ended March 31, 2026 while modestly growing revenue and preparing for a major acquisition. Revenue rose to $80.8 million, up 4.5% from $77.3 million a year earlier, driven by growth from newly signed and existing clients across both Consumer and Business Payments segments.
The company posted a net loss of $10.0 million, compared with a $8.2 million loss in the prior-year quarter, as higher interest expense and a larger fair value loss on its tax receivable agreement offset operating improvements. Adjusted EBITDA increased slightly to $34.4 million from $33.2 million, reflecting stable underlying profitability.
Repay used cash and new borrowing to reshape its balance sheet. Cash, cash equivalents and restricted cash declined to $86.8 million, and total borrowings stood at $397.5 million in principal, including $287.5 million of 2029 Convertible Senior Notes and $110.0 million drawn on its revolving credit facility. The tax receivable agreement liability was $191.8 million.
Strategically, Repay completed a $22.5 million asset purchase from a distribution partner, mainly buying out economic interests in a commercial arrangement. It also agreed to acquire KUBRA for approximately $372 million, to be financed with cash on hand and planned new credit facilities totaling $600 million, with closing expected in the second quarter of 2026 subject to regulatory approvals and customary conditions.
Subsequent to quarter-end, the board adopted a stockholder rights plan that issues one preferred share purchase right for each Class A common share and is designed to dilute any investor acquiring 12.5% or more of the outstanding Class A common stock without prior board approval.
Repay Holdings Corporation reported a net loss for the quarter ended March 31, 2026 while modestly growing revenue and preparing for a major acquisition. Revenue rose to $80.8 million, up 4.5% from $77.3 million a year earlier, driven by growth from newly signed and existing clients across both Consumer and Business Payments segments.
The company posted a net loss of $10.0 million, compared with a $8.2 million loss in the prior-year quarter, as higher interest expense and a larger fair value loss on its tax receivable agreement offset operating improvements. Adjusted EBITDA increased slightly to $34.4 million from $33.2 million, reflecting stable underlying profitability.
Repay used cash and new borrowing to reshape its balance sheet. Cash, cash equivalents and restricted cash declined to $86.8 million, and total borrowings stood at $397.5 million in principal, including $287.5 million of 2029 Convertible Senior Notes and $110.0 million drawn on its revolving credit facility. The tax receivable agreement liability was $191.8 million.
Strategically, Repay completed a $22.5 million asset purchase from a distribution partner, mainly buying out economic interests in a commercial arrangement. It also agreed to acquire KUBRA for approximately $372 million, to be financed with cash on hand and planned new credit facilities totaling $600 million, with closing expected in the second quarter of 2026 subject to regulatory approvals and customary conditions.
Subsequent to quarter-end, the board adopted a stockholder rights plan that issues one preferred share purchase right for each Class A common share and is designed to dilute any investor acquiring 12.5% or more of the outstanding Class A common stock without prior board approval.
Repay Holdings Corporation (REPAY) reported first quarter 2026 revenue of $80.8 million, up 4% from $77.3 million a year earlier, with total gross profit of $61.5 million and a steady 76% gross margin. The company recorded a net loss of $10.0 million versus a $8.2 million loss in 2025, while non-GAAP Adjusted EBITDA rose to $34.4 million from $33.2 million.
Operating cash flow improved sharply to $16.8 million, and Free Cash Flow turned positive at $5.4 million, a meaningful swing from negative $8.0 million last year. Consumer Payments revenue grew 4% and Business Payments 18%, with AP supplier network size increasing about 70% year over year.
Management reiterated expectations for double-digit revenue growth in 2026 and raised full-year Adjusted EBITDA guidance to $141–146 million on unchanged revenue guidance of $340–346 million and Free Cash Flow Conversion of 45%. REPAY also highlighted progress toward closing its pending KUBRA acquisition, which is excluded from the 2026 outlook.
Repay Holdings Corporation (REPAY) reported first quarter 2026 revenue of $80.8 million, up 4% from $77.3 million a year earlier, with total gross profit of $61.5 million and a steady 76% gross margin. The company recorded a net loss of $10.0 million versus a $8.2 million loss in 2025, while non-GAAP Adjusted EBITDA rose to $34.4 million from $33.2 million.
Operating cash flow improved sharply to $16.8 million, and Free Cash Flow turned positive at $5.4 million, a meaningful swing from negative $8.0 million last year. Consumer Payments revenue grew 4% and Business Payments 18%, with AP supplier network size increasing about 70% year over year.
Management reiterated expectations for double-digit revenue growth in 2026 and raised full-year Adjusted EBITDA guidance to $141–146 million on unchanged revenue guidance of $340–346 million and Free Cash Flow Conversion of 45%. REPAY also highlighted progress toward closing its pending KUBRA acquisition, which is excluded from the 2026 outlook.
Repay Holdings Corporation filed an amendment to its annual report for the year ended December 31, 2025 to add full Part III disclosures on directors, governance and executive compensation. The filing details board composition, committee memberships, stock ownership and insider trading policies, and a Dodd-Frank-compliant clawback policy.
Repay highlights a refreshed leadership team, including a new Chief Financial Officer appointed in September 2025, and describes its pay-for-performance approach. For 2025, revenue decreased about 1% year-over-year, with normalized revenue growth of 3%, an Adjusted EBITDA margin of roughly 42% and Free Cash Flow Conversion of about 38%.
Executive pay remained largely unchanged versus 2024 for continuing officers, with the CEO’s 2025 target total compensation at $7.5 million, heavily weighted toward equity and variable incentives. Annual incentive payouts for named executives averaged about 77% of target, and performance-based stock awards tied to 2023–2025 relative total shareholder return paid out at 0%, reinforcing the link between realized compensation and shareholder outcomes.
Repay Holdings Corp is the focus of a new Schedule 13D/A amendment from Veradace entities and principals Alexander Vezendan and John Conlin. Together they report beneficial ownership of 7,260,090 Class A shares, representing about 8.6% of Repay’s outstanding Class A stock.
The Fund holds 7,190,590 shares plus options to acquire 110,400 additional shares, while Vezendan directly owns 69,500 shares, or 0.1% of the class. The filing states that Fund purchases, totaling $31,098,014, came from working capital and Vezendan’s $246,500 of shares came from personal savings, with any margin use limited to ordinary-course brokerage accounts.
The group has notified Repay that it is nominating Vezendan and William Jacobs for election at the 2026 annual meeting, and it urges the board to waive the nomination deadline in light of what it describes as a material change in circumstances for stockholders. The Fund also holds American-style call options on 110,400 shares with a $7.50 exercise price expiring June 30, 2026.