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10-Q2026-05-15· grok-4-1-fast-non-reasoning

PAYD · PAID, Inc.

0001437749-26-017412

SEC filing

Summary

Revenue accelerated 21.7% to $5.3M from shipping volume growth and new warehousing initiatives, driving gross profit up 4.0% and narrowing operating and net losses despite flat operating expenses and ongoing cash burn.

Key takeaways

Full analysis

PAID, Inc. reported Q1 FY2026 revenue of $5.3 million, up 21.7% from $4.4 million in the prior year quarter. This acceleration stems primarily from strategic sales initiatives and pricing strategies that drove a 22% increase in shipping volumes, complemented by the launch of a new warehousing segment. These efforts enhanced overall revenue contribution across the supply chain platform, which provides greater flexibility, visibility, and operational efficiency for merchants and enterprise customers. Offsetting some growth, revenues declined in legacy areas due to the retirement of the brewery management software application and online shipping calculation services.