---
schema_version: "secwatch.filing_event.v1"
accession: "0001653558-23-000097"
form_type: "8-K"
ticker: "PRTH"
cik: "0001653558"
company_name: "Priority Technology Holdings, Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T17:54:15.441249+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Priority Tech Q2 revenue $182.3M (+9.6% YoY); Adjusted EBITDA $41.1M (+21.2%)

## Summary
- Revenue $182.3M, up 9.6% YoY; adjusted gross profit $67.0M, up 20.3%.
- Adjusted gross margin 36.8%, up 330 bps from 33.5%.
- Operating income $19.1M, up 45.8% YoY; adjusted EBITDA $41.1M, up 21.2%.
- CEO cites recent Plastiq acquisition as part of unified commerce strategy.
- Results reflect strength in counter-cyclical business lines benefiting from higher interest rates.

## SEC filing metadata
- accession: 0001653558-23-000097
- form_type: 8-K
- ticker: PRTH
- cik: 0001653558
- company_name: Priority Technology Holdings, Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653558/000165355823000097/0001653558-23-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653558/000165355823000097/prth-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001653558-23-000097
- JSON: https://secwatch.observer/filing/0001653558-23-000097.json
- Plain text: https://secwatch.observer/filing/0001653558-23-000097.txt

## Key facts
- Earnings Releases
  Priority Technology Holdings, Inc. reported the quarter ended June 30, 2023 results: revenue $182.3 million.
  - Period: the quarter ended June 30, 2023
  - Revenue: $182.3 million
  - Result: reported results
  source text: Second Quarter 2023 Compared with Second Quarter 2022 Financial highlights of the second quarter of 2023 compared with the second quarter of 2022, are as follows: • Revenue of $182.3 million increased 9.6% from $166.4 million • Adjusted gross profit (a non-GAAP measure 1 ) of $67.0 million increased 20.3% from $55.7 million • Adjusted gross profit margin (a non-GAAP
  evidence_url: https://www.sec.gov/Archives/edgar/data/1653558/000165355823000097/0001653558-23-000097-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.