Priority Technology Posts Double-Digit Q1 Growth and Reaffirms 2026 Outlook

Overview

• Priority Technology, which reported results Monday, posted net revenue of $249.6 million up 11%, adjusted EBITDA of $58.1 million up 13%, and adjusted EPS of $0.28 up 27%.
• Payables rose 35.6% and Treasury Solutions grew 17.5%, and those units produced about 63% of adjusted gross profit.
• The company kept its full‑year targets for revenue at $1.01 billion to $1.04 billion and for adjusted EBITDA at $230 million to $245 million.
• Net leverage, which compares net debt to EBITDA, fell to 4.0x from 4.2x quarter over quarter as liquidity improved.
• On the earnings call, the company said it would not address questions about the special committee’s evaluation of a take‑private proposal.