Priority Technology Holdings, Inc. (NASDAQ: PRTH) has reported its second quarter 2025 financial results, showcasing strong year-over-year diversified revenue growth. The company's revenue of $239.8 million increased 9.1% from $219.9 million in the second quarter of 2024. Adjusted gross profit also saw a significant increase, rising by 13.0% from $81.7 million in the second quarter of 2024 to $92.4 million in the same period of 2025. Additionally, the adjusted gross profit margin increased by 135 basis points from 37.2% to 38.5%.
Operating income for the second quarter of 2025 stood at $37.4 million, marking a 12.6% increase from $33.2 million in the same period of 2024. Adjusted EBITDA also demonstrated growth, rising by 8.7% from $51.6 million in the second quarter of 2024 to $56.0 million in the second quarter of 2025. Adjusted EPS increased by $0.15, or 136.4%, from $0.11 in the second quarter of 2024 to $0.26 in the same period of 2025.
Looking ahead, Priority Technology Holdings, Inc. has adjusted its full-year 2025 revenue guidance to range between $970 million to $990 million, representing a growth rate of 10.2% to 12.5% compared to fiscal 2024 results. This adjustment reflects a narrowing of ranges around the midpoint of the original full-year guidance.
The company's unique position to capitalize on the accelerating trend towards embedded finance has been emphasized, as businesses increasingly seek comprehensive payment and banking solutions from a single platform. Priority's ability to connect payments and banking solutions across diverse business segments has delivered over 30% growth in adjusted gross profit for B2B and over 20% growth in enterprise, while adjusted gross profit from recurring revenue represents 62% of the total.
The market has reacted to these announcements by moving the company's shares 0.15% to a price of $6.80. Check out the company's full 8-K submission here.
