Paymentus Lifts 2026 Outlook on Record Q1 and Launches AI Platforms Billio and Bill Wallet

Overview

• Paymentus reported first‑quarter revenue of $358.4 million, up 30.2% year over year, with adjusted EBITDA of $42.4 million, up 41.5%.
• The company raised its full‑year 2026 forecast to $1.425–$1.44 billion in revenue and $165–$172 million in adjusted EBITDA.
• Management introduced Billio, an AI‑native service commerce platform, along with Bill Wallet for bill management and payments inside the Paymentus ecosystem.
• During the Q&A, analysts focused on how the new AI tools could change dollars earned per transaction and whether models beyond per‑payment fees will emerge.
• Free cash flow declined versus last year due to working‑capital timing, prompting questions about when it will normalize and which client verticals, including utilities, will lead adoption.