Usio, Inc. provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing, credit, prepaid card, and debit card-based processing services. It also provides a proprietary platform for businesses to handle e-checks and card payments, and an interactive voice response telephone system for companies to accept payments over the telephone. Additionally, the company offers prepaid and incentive card issuance services, a payment facilitation platform, and electronic bill presentment and printing services.
Usio Announces Second Quarter 2026 Financial Results
Usio reported Q2 2026 revenue of $23.7 million, up 19% year-over-year, beating consensus estimates as all major business lines excluding prepaid cards grew over 20%. The company swung to a net profit of $0.3 million, or $0.01 per share, compared to a net loss in the prior-year period, driven by a 128% surge in Adjusted EBITDA to $1.1 million.
Total payment dollars processed increased 27% to $2.47 billion, fueled by record transaction volumes in the ACH and Output Solutions segments.
Based on the strong first-half performance, management raised fiscal 2026 revenue guidance to growth of 14-16%, up from the previous expectation of 10-12%.