Priority Technology Holdings, Inc. announced its first quarter 2025 financial results on May 6, 2025, reporting strong year-over-year diversified revenue growth. Revenues increased to $224.6 million, up from $205.7 million in the first quarter of 2024. Adjusted gross profit grew to $87.3 million from $76.4 million in the prior year period.
The company achieved a net income of $8.3 million, a significant improvement from a net loss of $8.1 million in the same quarter last year. Adjusted EBITDA rose to $51.3 million, compared to $46.3 million in the first quarter of 2024. Adjusted earnings per share (EPS) were $0.22, a substantial increase from $0.03 per share year-over-year.
Priority affirmed its full-year 2025 financial guidance, reflecting confidence in its continued performance. The results were driven by consistent performance across its SMB Acquiring, B2B Payables, and Enterprise Payments segments. This strong growth demonstrates the value of the Priority Commerce Engine in an uncertain macro-economic environment.
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