Repay Holdings Corporation filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on August 10, 2026, covering the fiscal quarter ended June 30, 2026, and reporting significant changes to its balance sheet following acquisition activity.

Key Highlights

  • Total assets grew to $1,607,870 thousand as of June 30, 2026, up from $1,199,749 thousand as of December 31, 2025, according to the filing.
  • Goodwill increased to $652,085 thousand as of June 30, 2026, compared to $474,512 thousand at December 31, 2025.
  • Intangible assets, net rose to $560,241 thousand from $329,844 thousand at the prior year-end, per the condensed consolidated balance sheet.
  • Long-term debt, net climbed to $748,141 thousand as of June 30, 2026, versus $280,065 thousand at December 31, 2025.
  • Accumulated deficit stood at $611,476 thousand as of June 30, 2026, compared to $590,550 thousand at December 31, 2025.
  • Shares outstanding totaled 89,860,647 Class A shares as of August 5, 2026, including 6,962,139 shares of unvested restricted stock carrying voting rights.

Repay Holdings Balance Sheet Reflects KUBRA Acquisition Impact in Q2 2026

Repay Holdings Corporation (NASDAQ: RPAY) reported material changes to its balance sheet for the quarter ended June 30, 2026, which the company attributed in part to the KUBRA transaction referenced in the filing's cautionary language. Total assets increased to $1,607,870 thousand from $1,199,749 thousand at December 31, 2025, driven primarily by higher goodwill, intangible assets, and accounts receivable. Goodwill rose by approximately $177,573 thousand and intangible assets, net increased by approximately $230,397 thousand over the same period, according to the condensed consolidated balance sheets.

On the liabilities side, long-term debt, net expanded substantially to $748,141 thousand from $280,065 thousand at year-end 2025. Current maturities of long-term debt dropped to $5,000 thousand from $146,477 thousand, suggesting a reclassification of near-term obligations. Total liabilities reached $1,138,607 thousand as of June 30, 2026, up from $717,967 thousand at December 31, 2025. The tax receivable agreement, including both current and noncurrent portions, carried related-party balances of $0 and $8,129 thousand, respectively, as of June 30, 2026, compared to $1,555 thousand and $20,748 thousand at December 31, 2025.

Cash and cash equivalents declined to $83,660 thousand from $115,692 thousand at December 31, 2025. The company reported 96,268,848 shares of Class A common stock issued and 82,892,959 outstanding as of June 30, 2026, with 13,375,889 treasury shares repurchased. The filing noted that holders of the 100 outstanding Class V shares also hold 5,285,883 units in a subsidiary exchangeable into Class A shares on a one-for-one basis. The filing also disclosed the introduction of inventories of $2,309 thousand and finance lease ROU assets of $1,468 thousand, both absent from the December 31, 2025 balance sheet.

What Was Disclosed

Repay Holdings filed a quarterly report for the period ended June 30, 2026, disclosing condensed consolidated balance sheet data reflecting significant increases in assets, goodwill, intangible assets, and long-term debt, alongside share count and capital structure details as of August 5, 2026.