Priority Technology (PRTH) Revenue & Revenue Breakdown


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Priority Technology Revenue Highlights


Latest Revenue (Y)

$755.61M

Latest Revenue (Q)

$219.87M

Main Segment (Y)

Credit Card, Merchant Discount

Main Geography (Y)

Credit Card, Merchant Discount

Priority Technology Revenue by Period


Priority Technology Revenue by Year

DateRevenueChange
2023-12-31$755.61M13.86%
2022-12-31$663.64M28.89%
2021-12-31$514.90M27.34%
2020-12-31$404.34M8.74%
2019-12-31$371.85M-12.38%
2018-12-31$424.42M-0.28%
2017-12-31$425.62M100.00%
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

DateRevenueChange
2024-06-30$219.87M6.88%
2024-03-31$205.72M3.23%
2023-12-31$199.28M5.43%
2023-09-30$189.01M3.69%
2023-06-30$182.29M-1.48%
2023-03-31$185.03M4.21%
2022-12-31$177.56M6.69%
2022-09-30$166.42M-0.01%
2022-06-30$166.43M8.61%
2022-03-31$153.24M6.38%
2021-12-31$144.05M8.68%
2021-09-30$132.54M6.02%
2021-06-30$125.01M10.34%
2021-03-31$113.30M6.79%
2020-12-31$106.09M-2.63%
2020-09-30$108.96M17.98%
2020-06-30$92.36M-4.72%
2020-03-31$96.93M-1.27%
2019-12-31$98.18M-10.71%
2019-09-30$109.95M2.35%
2019-06-30$107.42M7.45%
2019-03-31$99.98M-0.49%
2018-12-31$100.47M-3.02%
2018-09-30$103.59M-1.12%
2018-06-30$104.76M35872.50%
2018-03-31$291.23K-99.76%
2017-12-31$119.97M8.13%
2017-09-30$110.95M9.19%
2017-06-30$101.61M9.15%
2017-03-31$93.09M100.00%
2016-12-31-100.00%
2016-09-30-100.00%
2016-06-30-100.00%
2016-03-31--

Priority Technology generated $219.87M in revenue during Q2 2024, up 6.88% compared to the previous quarter, and up 118.83% compared to the same period a year ago.

Priority Technology Revenue Breakdown


Priority Technology Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 21Dec 20Dec 19Dec 18
Credit Card, Merchant Discount$595.21M$468.76M---
Product$12.67M$5.69M---
Outsourced Services And Other Services$49.60M$21.03M---
Money Transmissions Services$98.14M$19.41M---
Merchant Card Fees--$377.35M$339.45M-
Outsourced Services--$23.10M$23.40M-
Equipment Sales--$3.89M$3.69M-
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/ServiceSep 24Mar 24Dec 23Jun 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Product$3.30M$2.96M$6.23M$3.47M$2.43M$2.53M$2.57M$1.91M$934.00K$1.72M$1.82M---------
Money Transmissions Services$33.87M$29.14M$53.01M$23.72M$19.78M$18.29M$17.18M$16.28M------------
Outsourced Services And Other Services$18.06M$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------
Merchant Card Fees$171.81M$157.95M$144.52M$107.70M$100.09M$102.48M$85.69M$89.09M------------
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
Credit and Debit Card-----------------$101.72M$99.14M$91.83M

Priority Technology's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Merchant Card Fees (75.67%), Money Transmissions Services (14.92%), Outsourced Services And Other Services (7.96%), and Product (1.46%).

Priority Technology Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 21Dec 20Dec 19Dec 18
Credit Card, Merchant Discount$468.76M---
Money Transmissions Services$19.41M---
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

CountryDec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 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


TickerCompanyLast Year RevenueLast Quarter Revenue
EVTCEVERTEC$694.71B$628.67B
CSGSCSG Systems$1.17B$295.14M
NTCTNetScout Systems$829.46M$191.11M
PRTHPriority Technology$755.61M$219.87M
STERSterling Check$719.64M$200.53M
LSAKLesaka$564.22M$145.55M
SCWXSecureWorks$365.88M$82.18M
CCSIConsensus Cloud Solutions$362.56M$87.75M
RPAYRepay$296.63M$79.14M
RDWRRadware$261.29M$65.08M
SANGSangoma$252.53M$82.69M
OSPNOneSpan$235.11M$56.24M
LVOXLiveVox$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 Q2 2024 was $219.87M, a 6.88% increase from the previous quarter (Q1 2024), and a 20.61% increase year-over-year (Q2 2023). The company'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). PRTH'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).

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 Credit Card, Merchant Discount, Product, Outsourced Services And Other Services, and Money Transmissions Services. 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. 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.

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.