Repay Reports Q3 2026 Results Driven by KUBRA Acquisition and Political Media
Repay (RPAY) reported strong third-quarter revenue of $153.4 million, representing a 97% year-over-year increase. This massive growth was primarily fueled by the integration of KUBRA, which contributed $65 million in revenue, and significant activity within the Business Payments segment driven by political media spending. Despite top-line growth, the company faced margin compression as gross profit margins fell to 65% from 74% due to a higher mix of lower-margin services from KUBRA. Additionally, while organic consumer payments grew only 0.3%, the company raised its full-year revenue guidance to $490 million–$500 million and increased its annual cost synergy target to $11 million.
Tickers: $RPAY
Topics: earnings report M&A political media revenue revenue growth