Repay Holdings Corporation filed its quarterly report on Form 10-Q with the SEC on November 9, 2026, covering the fiscal quarter ended September 30, 2026, disclosing condensed consolidated financial statements and management discussion for NASDAQ:RPAY.

Key Highlights

  • Total assets reached $1,602,228 thousand as of September 30, 2026, up from $1,199,749 thousand at December 31, 2025, according to the filing.
  • Goodwill rose to $651,539 thousand at September 30, 2026, compared with $474,512 thousand at December 31, 2025, as reported in the balance sheet.
  • Intangible assets, net, increased to $560,472 thousand from $329,844 thousand at year-end 2025, per the filing.
  • Long-term debt, net, grew to $748,310 thousand at September 30, 2026, versus $280,065 thousand at December 31, 2025, as disclosed.
  • Cash and cash equivalents declined to $63,826 thousand from $115,692 thousand at December 31, 2025, the company disclosed.
  • Shares outstanding were 82,931,736 Class A shares as of September 30, 2026, with 89,732,939 Class A shares outstanding as of November 4, 2026, including 6,786,743 unvested restricted stock shares with voting rights.
  • Accumulated deficit stood at $(620,813) thousand as of September 30, 2026, per the condensed consolidated balance sheet.

Repay Holdings Balance Sheet Reflects KUBRA Acquisition Impact in September 2026 Quarter

According to the filing, Repay Holdings Corporation reported total assets of $1,602,228 thousand as of September 30, 2026, a significant increase from $1,199,749 thousand at December 31, 2025. The company attributed growth in goodwill and intangible assets in part to the KUBRA transaction referenced in the filing's cautionary disclosures. Goodwill rose from $474,512 thousand to $651,539 thousand, and intangible assets, net, climbed from $329,844 thousand to $560,472 thousand over the same period.

The filing disclosed that long-term debt, net, expanded substantially to $748,310 thousand from $280,065 thousand at year-end 2025, while current maturities of long-term debt dropped to $5,000 thousand from $146,477 thousand, reflecting changes in the company's debt structure. Total liabilities were reported at $1,137,742 thousand as of September 30, 2026, up from $717,967 thousand at December 31, 2025. Contract liabilities increased to $26,400 thousand from $1,211 thousand at December 31, 2025. A new line item, inventories, appeared at $2,401 thousand, compared with zero at year-end 2025.

The company reported cash and cash equivalents of $63,826 thousand at September 30, 2026, down from $115,692 thousand at December 31, 2025. As of November 4, 2026, there were 89,732,939 shares of Class A common stock outstanding and 100 shares of Class V common stock outstanding. Holders of outstanding Class V shares also held 5,271,423 units in a subsidiary, the filing noted, which are exchangeable into Class A shares on a one-for-one basis. Treasury stock remained at 13,375,889 shares repurchased, unchanged from December 31, 2025. The filing contains forward-looking statements that are subject to the company's cautionary language and risks described within.

What Was Disclosed

Repay Holdings filed a Form 10-Q for the quarter ended September 30, 2026, disclosing condensed consolidated balance sheet data showing increased total assets, goodwill, intangible assets, and long-term debt relative to December 31, 2025, alongside share count information as of November 4, 2026.