10-Q · May 13, 2026
Usio's Q1 2026 results show a significant increase in revenues, rising 16% to $25.5 million compared to the previous year, driven by strong performance in ACH and credit card services. The company transitioned from a…
Earnings analysis · 10-Q
USIO earnings analysis
Filed August 12, 2026 · Our reading of the company's report
The latest report
The supplied portion of Usio's June 30, 2026 10-Q is primarily the Part II disclosure section and does not include the income statement, balance sheet, cash-flow statement, MD&A, or segment data needed to assess…
Read full summary
The supplied portion of Usio's June 30, 2026 10-Q is primarily the Part II disclosure section and does not include the income statement, balance sheet, cash-flow statement, MD&A, or segment data needed to assess quarterly operating trends. The filing reports effective disclosure controls and no material internal-control changes, while continuing share repurchases totaling 98,340 shares. Risk factors were unchanged from the 2025 Annual Report, and no quantitative guidance was provided in the supplied text.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Controls Reported Effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026, providing a positive governance signal.
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Share Repurchases Continued
The company repurchased 98,340 shares during the three months ended June 30, 2026, at monthly average prices ranging from $1.23 to $1.76.
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$3.4M Buyback Capacity Remains
The repurchase program had approximately $3,436,011 remaining as of June 30, 2026, under a program capped at $4 million and scheduled to terminate no later than May 15, 2028.
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No Material Control Changes
The filing states that there was no change during the quarter ended June 30, 2026 that materially affected, or was reasonably likely to materially affect, internal control over financial reporting.
What to watch
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Potential Litigation Exposure
The company states it was not party to any legal proceedings as of the August 12, 2026 filing date, but warns that future litigation or other proceedings could materially adversely affect its business, financial condition, or results of operations.
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Capital Allocation to Buybacks
Repurchases totaled 98,340 shares in the quarter, while approximately $3,436,011 remained available under the program; continued buybacks could compete with other uses of cash, although the filing does not quantify such an impact.
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Controls Provide Limited Assurance
The company relies on a control framework providing only reasonable, rather than absolute, assurance; management nevertheless concluded controls were effective as of June 30, 2026.
Management's outlook
The supplied 10-Q text does not provide quantitative revenue or EPS guidance. No explicit outlook, liquidity outlook, or capital-spending forecast was included.
Earlier filings 4
10-K · March 18, 2026
Usio’s 2025 Form 10-K emphasizes a consolidation strategy ('Usio One'), continued product development (EBPP, PayFac, Consumer Choice enhancements) and recent M&A (PostCredit, Nov 2025) to expand into expense management.…
10-Q · August 6, 2025
Usio reported Q2 revenue of $19,960,990 (down modestly from $20,079,888 in Q2 2024) with gross profit improving to $5,140,069. Operating loss widened to $(396,970) (vs. $(208,941) prior year), producing a net loss of…
10-Q · November 6, 2024
Usio reported Q3 revenue of $21,321,478, up $338,717 (+1.6%) versus $20,982,761 in Q3 2023. The company recorded net income of $2,851,267 (basic/diluted EPS $0.10) versus a loss of $(720,913) (EPS $(0.03)) in the…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.