Priority Technology (PRTH) Revenue & Revenue Breakdown
Priority Technology Revenue Highlights
Latest Revenue (Y)
$755.61M
Latest Revenue (Q)
$205.72M
Main Segment (Y)
Credit Card, Merchant Discount
Main Geography (Y)
Credit Card, Merchant Discount
Priority Technology Revenue by Period
Priority Technology Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $755.61M | 13.86% |
| 2022-12-31 | $663.64M | 28.89% |
| 2021-12-31 | $514.90M | 27.34% |
| 2020-12-31 | $404.34M | 8.74% |
| 2019-12-31 | $371.85M | -12.38% |
| 2018-12-31 | $424.42M | -0.28% |
| 2017-12-31 | $425.62M | 100.00% |
| 2016-12-31 | - | - |
Priority Technology generated $755.61M in revenue during NA 2023, up 13.86% compared to the previous quarter, and up 178.04% compared to the same period a year ago.
Priority Technology Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $205.72M | 3.23% |
| 2023-12-31 | $199.28M | 5.43% |
| 2023-09-30 | $189.01M | 3.69% |
| 2023-06-30 | $182.29M | -1.48% |
| 2023-03-31 | $185.03M | 4.21% |
| 2022-12-31 | $177.56M | 6.69% |
| 2022-09-30 | $166.42M | -0.01% |
| 2022-06-30 | $166.43M | 8.61% |
| 2022-03-31 | $153.24M | 6.38% |
| 2021-12-31 | $144.05M | 8.68% |
| 2021-09-30 | $132.54M | 6.02% |
| 2021-06-30 | $125.01M | 10.34% |
| 2021-03-31 | $113.30M | 6.79% |
| 2020-12-31 | $106.09M | -2.63% |
| 2020-09-30 | $108.96M | 17.98% |
| 2020-06-30 | $92.36M | -4.72% |
| 2020-03-31 | $96.93M | -1.27% |
| 2019-12-31 | $98.18M | -10.71% |
| 2019-09-30 | $109.95M | 2.35% |
| 2019-06-30 | $107.42M | 7.45% |
| 2019-03-31 | $99.98M | -0.49% |
| 2018-12-31 | $100.47M | -3.02% |
| 2018-09-30 | $103.59M | -1.12% |
| 2018-06-30 | $104.76M | 35872.50% |
| 2018-03-31 | $291.23K | -99.76% |
| 2017-12-31 | $119.97M | 8.13% |
| 2017-09-30 | $110.95M | 9.19% |
| 2017-06-30 | $101.61M | 9.15% |
| 2017-03-31 | $93.09M | 100.00% |
| 2016-12-31 | - | 100.00% |
| 2016-09-30 | - | 100.00% |
| 2016-06-30 | - | 100.00% |
| 2016-03-31 | - | - |
Priority Technology generated $205.72M in revenue during Q1 2024, up 3.23% compared to the previous quarter, and up 115.86% compared to the same period a year ago.
Priority Technology Revenue Breakdown
Priority Technology Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Outsourced Services And Other Services | $49.60M | $21.03M | - | - | - |
| Money Transmissions Services | $98.14M | $19.41M | - | - | - |
| Credit Card, Merchant Discount | $595.21M | $468.76M | - | - | - |
| Product | $12.67M | $5.69M | - | - | - |
| Outsourced Services | - | - | $23.10M | $23.40M | - |
| Equipment Sales | - | - | $3.89M | $3.69M | - |
| Merchant Card Fees | - | - | $377.35M | $339.45M | - |
| Service, Other | - | - | - | $5.32M | - |
| License and Service | - | - | - | - | $32.38M |
| Credit and Debit Card | - | - | - | - | $392.03M |
Priority Technology's latest annual revenue breakdown by segment (product or service), as of Dec 23: Credit Card, Merchant Discount (78.77%), Money Transmissions Services (12.99%), Outsourced Services And Other Services (6.56%), and Product (1.68%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $2.96M | $6.23M | $3.47M | $2.43M | $2.53M | $2.57M | $1.91M | $934.00K | $1.72M | $1.82M | - | - | - | - | - | - | - | - | - | - |
| Money Transmissions Services | $29.14M | $53.01M | $23.72M | $19.78M | $18.29M | $17.18M | $16.28M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Merchant Card Fees | $157.95M | $144.52M | $107.70M | $100.09M | $102.48M | $85.69M | $89.09M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Outsourced Services And Other Services | $15.66M | $28.01M | $10.58M | $7.71M | $7.93M | $6.89M | $7.10M | $3.18M | $8.65M | $4.83M | $4.38M | $5.39M | $5.96M | - | - | - | - | - | - | - |
| Credit Card, Merchant Discount | - | - | - | $147.63M | $137.66M | $139.79M | $127.95M | $120.52M | $122.17M | $118.37M | - | - | - | - | - | - | - | - | - | - |
| Equipment Sales | - | - | - | - | - | - | - | - | - | - | $1.22M | $1.04M | $1.09M | $705.00K | $1.06M | - | - | - | - | - |
| Outsourced Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.66M | - | - | - | - | - |
| Service, Other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.13M | - | - | - | - | - |
| Commercial Payments And Managed Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.95M | - | - | - | - |
| Consumer Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $54.47M | - | - | - | - |
| Integrated Partners | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-4.92M | - | - | - | - |
| License and Service | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.23M | $8.28M | $8.15M | $13.96M |
| Credit and Debit Card | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $101.72M | $99.14M | $91.83M | $92.37M |
Priority Technology's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Merchant Card Fees (76.78%), Money Transmissions Services (14.17%), Outsourced Services And Other Services (7.61%), and Product (1.44%).
Priority Technology Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|
| Money Transmissions Services | $19.41M | - | - | - |
| Credit Card, Merchant Discount | $468.76M | - | - | - |
| Outsourced Services And Other Services | $21.03M | - | - | - |
| Product | $5.69M | - | - | - |
| Equipment Sales | - | $3.89M | $3.69M | - |
| Merchant Card Fees | - | $377.35M | $339.45M | - |
| Outsourced Services | - | $23.10M | $23.40M | - |
| Service, Other | - | - | $5.32M | - |
| Credit and Debit Card | - | - | - | $392.03M |
| License and Service | - | - | - | $32.38M |
Priority Technology's latest annual revenue breakdown by geography, as of Dec 21: Credit Card, Merchant Discount (91.04%), Outsourced Services And Other Services (4.08%), Money Transmissions Services (3.77%), and Product (1.10%).
Quarterly Revenue by Country
| Country | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credit Card, Merchant Discount | $147.63M | $137.66M | $139.79M | $127.95M | $120.52M | $122.17M | $118.37M | - | - | - | - | - | - | - | - | - | - | - |
| Money Transmissions Services | $19.78M | $18.29M | $17.18M | $16.28M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Outsourced Services And Other Services | $7.71M | $7.93M | $6.89M | $7.10M | $3.18M | $8.65M | $4.83M | $4.38M | $5.39M | $5.96M | - | - | - | - | - | - | - | - |
| Product | $2.43M | $2.53M | $2.57M | $1.91M | $934.00K | $1.72M | $1.82M | - | - | - | - | - | - | - | - | - | - | - |
| Equipment Sales | - | - | - | - | - | - | - | $1.22M | $1.04M | $1.09M | $705.00K | $1.06M | - | - | - | - | - | - |
| Merchant Card Fees | - | - | - | - | - | - | - | $107.70M | $100.09M | $102.48M | $85.69M | $89.09M | - | - | - | - | - | - |
| Outsourced Services | - | - | - | - | - | - | - | - | - | - | - | $5.66M | - | - | - | - | - | - |
| Service, Other | - | - | - | - | - | - | - | - | - | - | - | $1.13M | - | - | - | - | - | - |
| Commercial Payments And Managed Services | - | - | - | - | - | - | - | - | - | - | - | - | $4.95M | - | - | - | - | - |
| Consumer Payments | - | - | - | - | - | - | - | - | - | - | - | - | $54.47M | - | - | - | - | - |
| Integrated Partners | - | - | - | - | - | - | - | - | - | - | - | - | $-4.92M | - | - | - | - | - |
| Credit and Debit Card | - | - | - | - | - | - | - | - | - | - | - | - | - | $101.72M | $99.14M | $91.83M | $92.37M | $94.92M |
| License and Service | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.23M | $8.28M | $8.15M | $13.96M | $6.26M |
| Product and Service, Other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.41M |
Priority Technology's latest quarterly revenue breakdown by geography, as of Dec 22: Credit Card, Merchant Discount (83.15%), Money Transmissions Services (11.14%), Outsourced Services And Other Services (4.34%), and Product (1.37%).
Priority Technology Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EVTC | EVERTEC | $694.71B | $211.98B |
| CSGS | CSG Systems | $1.17B | $295.13M |
| NTCT | NetScout Systems | $829.46M | $191.11M |
| PRTH | Priority Technology | $755.61M | $205.72M |
| STER | Sterling Check | $719.64M | $200.53M |
| LSAK | Lesaka | $564.22M | $138.19M |
| SCWX | SecureWorks | $365.88M | $82.18M |
| CCSI | Consensus Cloud Solutions | $362.56M | $87.50M |
| RPAY | Repay | $296.63M | $74.91M |
| RDWR | Radware | $261.29M | $65.08M |
| SANG | Sangoma | $252.53M | $82.69M |
| OSPN | OneSpan | $235.11M | $56.24M |
| LVOX | LiveVox | $136.03M | $35.35M |
PRTH Revenue FAQ
What is Priority Technology’s yearly revenue?
Priority Technology's yearly revenue for 2023 was $755.61M, representing an increase of 13.86% compared to 2022. The company's yearly revenue for 2022 was $663.64M, representing an increase of 28.89% compared to 2021. PRTH's yearly revenue for 2021 was $514.9M, representing an increase of 27.34% compared to 2020.
What is Priority Technology’s quarterly revenue?
Priority Technology's quarterly revenue for Q1 2024 was $205.72M, a 3.23% increase from the previous quarter (Q4 2023), and a 11.18% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $199.28M, a 5.43% increase from the previous quarter (Q3 2023), and a 12.24% increase year-over-year (Q4 2022). PRTH's quarterly revenue for Q3 2023 was $189.02M, a 3.69% increase from the previous quarter (Q2 2023), and a 13.58% increase year-over-year (Q3 2022).
What is Priority Technology’s revenue growth rate?
Priority Technology's revenue growth rate for the last 3 years (2021-2023) was 46.75%, and for the last 5 years (2019-2023) was 103.20%.
What are Priority Technology’s revenue streams?
Priority Technology's revenue streams in c 23 are Outsourced Services And Other Services, Money Transmissions Services, Credit Card, Merchant Discount, and Product. Outsourced Services And Other Services generated $49.6M in revenue, accounting 6.56% of the company's total revenue, up 135.82% year-over-year. Money Transmissions Services generated $98.14M in revenue, accounting 12.99% of the company's total revenue, up 405.47% year-over-year. Credit Card, Merchant Discount generated $595.2M in revenue, accounting 78.77% of the company's total revenue, up 26.97% year-over-year. Product generated $12.67M in revenue, accounting 1.68% of the company's total revenue, up 122.71% year-over-year.
What is Priority Technology’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Priority Technology was Credit Card, Merchant Discount. This segment made a revenue of $595.2M, representing 78.77% of the company's total revenue.