Welcome to our dedicated page for Usio SEC filings (Ticker: USIO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Usio, Inc. filings document the public-company disclosures of a Nevada-incorporated, Nasdaq-listed payments and financial-technology issuer. Form 8-K reports furnish quarterly and annual operating results, shareholder communications and material corporate updates tied to Usio's payment processing, card issuing, ACH, embedded finance and Output Solutions activities.
Proxy materials describe annual-meeting voting matters, director elections, executive compensation, auditor ratification, beneficial ownership, equity compensation plan information, insider trading policies and board governance practices. Other current reports cover compensatory arrangements, director compensation amendments, restricted stock unit and stock award agreements under the company's equity incentive plan, and employment arrangements for senior finance leadership.
Whittier Holdings, Inc. and Whittier Trust Company report beneficial ownership of 2,713,852 shares of Usio, Inc. common stock, equal to 9.83% of the class. The filing states these shares are held by Whittier Trust Company for the benefit of National Services, Inc. and cites 27,595,994 shares outstanding as of May 11, 2026.
National Services, Inc. amended a Schedule 13G/A to report beneficial ownership of 2,721,272 shares of Usio, Inc. common stock, representing 9.86% of the class. The filing cites 27,595,994 shares outstanding as of May 11, 2026 from the issuer's Quarterly Report on Form 10-Q.
The filing states sole voting and dispositive power over the 2,721,272 shares and explains that 2,713,852 of those shares are held by Whittier Trust Company for the benefit of National Services, Inc., with an additional 7,420 shares held by NSI's sole shareholder.
Usio, Inc. reported a record first quarter for 2026, with revenue of $25.5 million, up 16% from $22.0 million a year earlier, driven by growth across most business lines except prepaid and interest income. Total payment dollars processed reached $2.50 billion, up 28%, and transactions climbed to 16.8 million, up 22%.
ACH and complementary services revenue rose 25% to $6.3 million, credit card revenue grew 23% to $9.7 million, and Output Solutions revenue increased 19% to $6.8 million, while prepaid card services declined 18%. Gross profit increased to $5.1 million, though gross margin eased to 20.2% from 21.9% on lower high-margin interest income and mix.
Usio generated operating income of $0.2 million, compared with a ($0.2) million operating loss in the prior-year quarter, and reported net income of $0.1 million, or $0.00 per share, versus a net loss of ($0.2) million, or ($0.01) per share. Adjusted EBITDA improved to $0.8 million from $0.7 million, and operating cash flow was $0.9 million. Cash and cash equivalents were $7.7 million at March 31, 2026, up $0.3 million after repurchasing 182,000 shares of common stock.
Usio, Inc. reported higher activity and a return to modest profitability for the three months ended March 31, 2026. Revenue rose to $25.5 million from $22.0 million a year earlier, driven by growth in ACH and complementary services, credit card processing, and Output Solutions, partly offset by weaker prepaid card services and lower interest revenue.
Gross profit increased to $5.1 million, and the company generated net income of $122,503 versus a prior-year net loss of $234,970. Operating cash flow was positive at $946,724. Total assets were $120.2 million and stockholders’ equity was $18.1 million as of March 31, 2026. Processing volumes and Output Solutions mail and electronic documents also grew strongly, indicating broader usage of Usio’s payment and billing platforms.
Usio, Inc. is asking stockholders to vote at its 2026 Annual Meeting on three items: electing two Class III directors (Ernesto R. Beyer and Bradley Rollins) to terms running to the 2029 meeting, an advisory Say-on-Pay vote on 2025 executive compensation, and ratifying Withum Smith+Brown, PC as independent auditor for 2026.
The record date is April 13, 2026, when 27,621,564 shares of common stock were outstanding, each carrying one vote. The Board is led by combined Chairman and CEO Louis A. Hoch and has a majority of independent directors with standing Audit, Compensation, and Nominations and Corporate Governance Committees.
In 2025, CEO Louis A. Hoch received total compensation of $1,371,589, while other named executives received a mix of salary, equity awards, and benefits. Usio also details director fees, equity incentive and ESPP share reserves, related‑party transactions, and change‑in‑control vesting provisions for certain executives.
Usio, Inc. director Elizabeth Michelle Miller exercised restricted stock units and received additional common shares as part of her equity compensation. On March 16, 2026, 2,000 restricted stock units vested and converted into 2,000 shares of common stock at a reference price of $1.21 per share. Of these, 500 shares were returned to Usio at $1.21 to satisfy tax obligations. Following the transactions, she directly holds 64,194 shares of common stock and 35,000 restricted stock units.
Usio, Inc. director Brad Rollins exercised restricted stock units and received 7,000 shares of common stock. These shares came from the vesting and conversion of restricted stock units granted on March 16, 2023 and March 16, 2026. After the transaction, he directly holds 136,667 shares of common stock and 35,000 restricted stock units. The filing shows a compensation-related equity award, not an open-market purchase or sale.
Usio, Inc. director Ernesto R Beyer del la Garza acquired 7,000 shares of common stock on March 16, 2026 through the vesting and conversion of restricted stock units granted on March 16, 2023 at $1.21 per unit. Following this compensation-related event, he holds 92,666 shares of common stock and 35,000 restricted stock units directly.
Usio, Inc. reported record 2025 processing metrics with modest revenue growth but weaker profitability. Revenue reached $85.4 million, up 3% from 2024, driven by a 33% increase in ACH and complementary services and steady credit card and Output Solutions performance, partially offset by a 22% decline in prepaid card revenue.
Fourth quarter 2025 revenue was $22.2 million, up 8% year over year, yet gross margins compressed to 21.9% in the quarter and 23.1% for the year due to mix shifts and lower interest income. Usio posted a 2025 net loss of $2.5 million, or $(0.09) per share, versus net income of $3.3 million, or $0.12 per share, in 2024, reflecting higher operating costs and the absence of prior-year tax benefits and employee retention credits.
Adjusted EBITDA declined to $1.3 million from $2.9 million, though cash flow from operations remained positive at $1.5 million and the company repurchased $1.1 million of stock. Management issued 2026 guidance for 10–12% revenue growth and continued positive Adjusted EBITDA, assuming no major deterioration in economic conditions.
Usio, Inc. is a cloud-based fintech payment processor focused on ACH, card-based payments, prepaid cards and electronic/paper billing for U.S. merchants across many verticals. The company emphasizes integrated solutions such as PayFac-in-a-Box, its UsioCard prepaid platform, and Output Solutions for print, mail and electronic presentment.
In 2025, Usio advanced its “Usio One” strategy to unify onboarding, reporting, fraud monitoring and sales, aiming to cross-sell all payment and disbursement products from a single hub. It acquired PostCredit to enter expense management integrated with ERP systems and launched innovations such as wearable prepaid devices and expanded Consumer Choice disbursement options. Usio reported a $2.5 million net loss in 2025 after $3.3 million net income in 2024, with an accumulated deficit of $70.5 million, cash and equivalents of $7.4 million, and operating cash flow of $1.5 million. As of March 16, 2026, common shares outstanding were 27,746,208. Key risks include cybersecurity threats, complex and evolving payments regulation, intense competition, dependence on banking partners and card networks, the need for additional financing, exposure to fraud and chargebacks, and reliance on Chairman and CEO Louis A. Hoch.