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Stocks Comparison

Paysign vs Research Solutions: revenue, profit, margins and growth compared

Paysign brought in $82M of revenue in fiscal 2025, Research Solutions $48.3M in fiscal 2026. Revenue changed by +40.5% at Paysign and -1.5% at Research Solutions on the year before, so Paysign grew faster. Paysign kept 9.2% of its revenue as net profit, Research Solutions 5.8%. Free cash flow was $51.2M at Paysign and $5.2M at Research Solutions.

Side by side, latest fiscal year

PAYSRSSS
Fiscal year endedFY2025 (December 31, 2025)FY2026 (June 30, 2026)
Revenue$82M$48.3M
Revenue growth+40.5%-1.5%
Net income$7.6M$2.8M
Net margin9.2%5.8%
Free cash flow$51.2M$5.2M
Free cash flow margin62.5%10.8%
Earnings per share (diluted)$0.13$0.09
Cash$165M$12.6M
Debt$8Mn/a
Price to earnings97.523.4
Market value$715.4M$69.4M
Dividend yieldn/an/a
Rank by revenue in sector#425 of 530 · Technology#449 of 530 · Technology

Over the years

Revenue
PAYS FY2018: $23.4MPAYS FY2019: $34.7MPAYS FY2020: $24.1MPAYS FY2021: $29.5MPAYS FY2022: $38MPAYS FY2023: $47.3MPAYS FY2024: $58.4MPAYS FY2025: $82MRSSS FY2019: $28.8MRSSS FY2020: $31.1MRSSS FY2021: $31.8MRSSS FY2022: $32.9MRSSS FY2023: $37.7MRSSS FY2024: $44.6MRSSS FY2025: $49.1MRSSS FY2026: $48.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
PAYS $82MRSSS $48.3M
Net income
PAYS FY2018: $2.6MPAYS FY2019: $7.5MPAYS FY2020: -$9.1MPAYS FY2021: -$2.7MPAYS FY2022: $1MPAYS FY2023: $6.5MPAYS FY2024: $3.8MPAYS FY2025: $7.6MRSSS FY2019: -$960KRSSS FY2020: -$662.2KRSSS FY2021: -$285.1KRSSS FY2022: -$1.6MRSSS FY2023: $571.6KRSSS FY2024: -$3.8MRSSS FY2025: $1.3MRSSS FY2026: $2.8MFY18FY19FY20FY21FY22FY23FY24FY25FY26
PAYS $7.6MRSSS $2.8M
Net margin
PAYS FY2018: 11.0%PAYS FY2019: 21.5%PAYS FY2020: -37.9%PAYS FY2021: -9.2%PAYS FY2022: 2.7%PAYS FY2023: 13.7%PAYS FY2024: 6.5%PAYS FY2025: 9.2%RSSS FY2019: -3.3%RSSS FY2020: -2.1%RSSS FY2021: -0.9%RSSS FY2022: -5.0%RSSS FY2023: 1.5%RSSS FY2024: -8.5%RSSS FY2025: 2.6%RSSS FY2026: 5.8%FY18FY19FY20FY21FY22FY23FY24FY25FY26
PAYS 9.2%RSSS 5.8%
Revenue growth
PAYS FY2019: +48.0%PAYS FY2020: -30.4%PAYS FY2021: +22.2%PAYS FY2022: +29.1%PAYS FY2023: +24.3%PAYS FY2024: +23.5%PAYS FY2025: +40.5%RSSS FY2020: +7.9%RSSS FY2021: +2.2%RSSS FY2022: +3.7%RSSS FY2023: +14.5%RSSS FY2024: +18.4%RSSS FY2025: +9.9%RSSS FY2026: -1.5%FY19FY20FY21FY22FY23FY24FY25FY26
PAYS +40.5%RSSS -1.5%
Free cash flow
PAYS FY2018: $15.7MPAYS FY2019: $16.2MPAYS FY2020: $12.4MPAYS FY2021: $14.9MPAYS FY2022: $25.2MPAYS FY2023: $27.4MPAYS FY2024: $22.5MPAYS FY2025: $51.2MRSSS FY2019: $560.6KRSSS FY2020: $2.4MRSSS FY2021: $1.8MRSSS FY2022: -$461.5KRSSS FY2023: $3.3MRSSS FY2024: $3.5MRSSS FY2025: $7MRSSS FY2026: $5.2MFY18FY19FY20FY21FY22FY23FY24FY25FY26
PAYS $51.2MRSSS $5.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Paysign and Research Solutions

Which is bigger by revenue, Paysign or Research Solutions?

Paysign is bigger by revenue: $82M in fiscal 2025, against $48.3M for Research Solutions in fiscal 2026.

Which keeps more of its revenue as profit, Paysign or Research Solutions?

Paysign had a net margin of 9.2% in fiscal 2025; Research Solutions had 5.8% in fiscal 2026.

Which grew revenue faster, Paysign or Research Solutions?

In their latest fiscal years revenue changed by +40.5% at Paysign and -1.5% at Research Solutions.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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