Priority Technology Holdings, Inc. — fact timeline
Source-grounded facts extracted from Priority Technology Holdings, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Priority Technology Holdings, Inc. reported the quarter ended March 31, 2026 results: revenue $249.6 million, net income $9.8 million, EPS $0.12.
“• Revenue of $249.6 million increased 11.1% from $224.6 million, including organic growth of 9.1% • Gross profit of $93.5 million increased 13.2% from $82.6 million • Adjusted gross profit (a non-GAAP measure 2 ) of $98.8 million increased 13.2% from $87.3 million • Gross profit margin of 37.5% increased by nearly 70 basis points from 36.8% • Adjusted gross profit margin (a non-GAAP measure 2 ) of 39.6% increased by nearly 70 basis points from 38.9% • Operating income of $33.4 million increased 2.3% from $32.6 million • Net Income of $9.8 million increased 18.0% from $8.3 million • Adjusted EBITDA (a non-GAAP measure 2 ) of $58.1 million increased $6.8 million from $51.3 million • Diluted EPS of $0.12 increased by $0.02, or by 20%, from $0.10”
Auditor Changes
Priority Technology Holdings, Inc. engaged KPMG LLP as its auditor.
“On March 11, 2026, KPMG LLP (“ KPMG ”) was engaged by the Audit Committee as the Company’s independent registered public accounting firm.”
Auditor Changes
Priority Technology Holdings, Inc. dismissed Ernst & Young LLP as its auditor.
“On March 11, 2026, the Audit Committee (the “ Audit Committee ”) of the Board of Directors of Priority Technology Holdings, Inc. (the “ Company ”) approved the dismissal of Ernst & Young LLP (“ EY ”) as Company’s independent registered public accounting firm, effective immediately.”
Debt Financings
Priority Technology Holdings, Inc. incurred credit facility of $50,000,000 with VP Capital, L.P. at SOFR rate plus an Applicable Margin per year, equal to 6.25%, subject to a SOFR maturing August 18, 2031.
“The Credit Agreement provides for a senior secured delayed draw credit facility in an aggregate principal amount of $50,000,000 (the “ DDTL Credit Facility ”)”
Debt Financings
Priority Technology Holdings, Inc. incurred revolving credit of $30,000,000 at SOFR Loans maturing five years from the Amendment No. 2 Effective Date.
“defined in Amendment No. 2) under the Credit Agreement from the 2025-1 Incremental Revolving Credit Lenders (as defined in Amendment No. 2) in an aggregate principal amount of $30,000,000. The 2025-1 Refinancing Term Loans will be on terms substantially similar to the Initial Term Loans under the Credit Agreement and subject to substantially similar terms and”
Debt Financings
Priority Technology Holdings, Inc. incurred term loan of $949,824,708.89 at SOFR Loans maturing seven years from the Amendment No. 2 Effective Date.
“Term Loans (as defined in Amendment No. 2) under the Credit Agreement from the 2025-1 Refinancing Term Lender (as defined in Amendment No. 2) in an aggregate principal amount of $949,824,708.89 and (iii) the 2025-1 Incremental Revolving Credit Commitments (as defined in Amendment No. 2) under the Credit Agreement from the 2025-1 Incremental Revolving Credit Lenders (as”
Debt Financings
Priority Technology Holdings, Inc. incurred term loan of $50,175,291.11 with Truist Bank at SOFR Loans maturing seven years from the Amendment No. 2 Effective Date.
“for (i) the 2025-1 Incremental Term Loans (as defined in Amendment No. 2) under the Credit Agreement from the 2025-1 Incremental Term Lender in an aggregate principal amount of $50,175,291.11, which will be added to (and form part of) the 2025-1 Refinancing Term Loans, (ii) the 2025-1 Refinancing Term Loans (as defined in Amendment No. 2) under the Credit Agreement”
Clayton Main was appointed as Director at Priority Technology Holdings, Inc..
“The Board appointed Clayton Main as a director of the Company to fill the vacancy created by Mr. Priore’s resignation to be effective April 1, 2025.”
John V. Priore resigned as Director at Priority Technology Holdings, Inc..
“On February 26, 2025, John V. Priore provided to the Board of Directors (the “Board”) notification of his resignation from the Board of Priority Technology Holdings, Inc. (the “Company”), effective April 1, 2025.”
Earnings Releases
Priority Technology Holdings, Inc. reported first quarter 2024 results: revenue $205.7 million.
“First Quarter 2024 Compared with First Quarter 2023 Financial highlights of the first quarter of 2024 compared with the first quarter of 2023, are as follows 1 : • Revenue of $205.7 million increased 11.2% from $185.0 million • Adjusted gross profit (a non-GAAP measure 2 ) of $76.4 million increased 21.2% from $63.1 million • Adjusted gross profit margin (a non-GAAP”
Earnings Releases
Priority Technology Holdings, Inc. reported first quarter of 2024 results: revenue $205.7 million.
“today pre-released its preliminary results for the first quarter of 2024. For the quarter, total revenue was $205.7 million, which is 11.2% growth over the prior year's first quarter. Adjusted Gross Profit of $76.4 million is 21.2% growth from the first quarter of 2023”
Earnings Releases
Priority Technology Holdings, Inc. reported Full Year of 2023 results: revenue $755.6 million.
“Revenue of $755.6 million increased 13.9% from $663.6 million”
Earnings Releases
Priority Technology Holdings, Inc. reported the quarter ended December 31, 2023 results: revenue $199.3 million.
“Revenue of $199.3 million increased 12.2% from $177.6 million”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.