Priority Commerce Q3 revenue rises 11.3%; GAAP net income falls 55.7%
Priority Commerce reported third-quarter 2026 revenue of $268.6 million, up 11.3% from a year earlier, but net income fell to $12.2 million from $27.6 million and diluted EPS fell to $0.14 from $0.34. The company is not providing forward-looking guidance or holding an earnings call because of its pending go-private transaction at $8.05 per share in cash, which it expects to complete in the first half of 2027.
Key points
- Revenue $268.6 million, up 11.3% from $241.4 million; organic growth of 9.2%
- Net income $12.2 million, down 55.7% from $27.6 million; diluted EPS $0.14 versus $0.34
- Adjusted diluted EPS (non-GAAP) $0.30, up from $0.28 a year earlier
- No guidance update; pending transaction at $8.05 per share expected to close in first half 2027
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.