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Side-by-side financial comparison of CORCEPT THERAPEUTICS INC (CORT) and Paymentus Holdings, Inc. (PAY). Click either name above to swap in a different company.

Paymentus Holdings, Inc. is the larger business by last-quarter revenue ($330.5M vs $202.1M, roughly 1.6× CORCEPT THERAPEUTICS INC). CORCEPT THERAPEUTICS INC runs the higher net margin — 12.0% vs 6.3%, a 5.8% gap on every dollar of revenue. On growth, Paymentus Holdings, Inc. posted the faster year-over-year revenue change (28.1% vs 11.1%). Paymentus Holdings, Inc. produced more free cash flow last quarter ($45.0M vs $38.4M). Over the past eight quarters, Paymentus Holdings, Inc.'s revenue compounded faster (33.7% CAGR vs 17.3%).

Corcept Therapeutics Inc. is a pharmaceutical company engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic, psychiatric and oncologic disorders. Corcept has focused on the adverse effects of excess cortisol, studying new compounds that may mitigate those effects. Its executive team is headed by CEO, president and director Joseph K. Belanoff, MD.

Paymentus Holdings, Inc. is a leading cloud-based bill payment and customer engagement technology provider. It offers integrated digital payment solutions, billing automation tools, and self-service portals for enterprises across utilities, financial services, government, healthcare, and telecommunications segments, primarily operating in the North American market.

CORT vs PAY — Head-to-Head

Bigger by revenue
PAY
PAY
1.6× larger
PAY
$330.5M
$202.1M
CORT
Growing faster (revenue YoY)
PAY
PAY
+17.0% gap
PAY
28.1%
11.1%
CORT
Higher net margin
CORT
CORT
5.8% more per $
CORT
12.0%
6.3%
PAY
More free cash flow
PAY
PAY
$6.7M more FCF
PAY
$45.0M
$38.4M
CORT
Faster 2-yr revenue CAGR
PAY
PAY
Annualised
PAY
33.7%
17.3%
CORT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CORT
CORT
PAY
PAY
Revenue
$202.1M
$330.5M
Net Profit
$24.3M
$20.7M
Gross Margin
98.7%
25.4%
Operating Margin
2.2%
7.3%
Net Margin
12.0%
6.3%
Revenue YoY
11.1%
28.1%
Net Profit YoY
-21.0%
57.2%
EPS (diluted)
$0.20
$0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CORT
CORT
PAY
PAY
Q4 25
$202.1M
$330.5M
Q3 25
$207.6M
$310.7M
Q2 25
$194.4M
$280.1M
Q1 25
$157.2M
$275.2M
Q4 24
$181.9M
$257.9M
Q3 24
$182.5M
$231.6M
Q2 24
$163.8M
$197.4M
Q1 24
$146.8M
$184.9M
Net Profit
CORT
CORT
PAY
PAY
Q4 25
$24.3M
$20.7M
Q3 25
$19.7M
$17.7M
Q2 25
$35.1M
$14.7M
Q1 25
$20.5M
$13.8M
Q4 24
$30.7M
$13.1M
Q3 24
$47.2M
$14.4M
Q2 24
$35.5M
$9.4M
Q1 24
$27.8M
$7.2M
Gross Margin
CORT
CORT
PAY
PAY
Q4 25
98.7%
25.4%
Q3 25
97.8%
24.1%
Q2 25
98.2%
25.5%
Q1 25
98.5%
24.0%
Q4 24
98.4%
25.6%
Q3 24
98.4%
26.2%
Q2 24
98.5%
29.8%
Q1 24
98.3%
28.5%
Operating Margin
CORT
CORT
PAY
PAY
Q4 25
2.2%
7.3%
Q3 25
4.9%
6.4%
Q2 25
13.7%
5.7%
Q1 25
2.2%
5.7%
Q4 24
13.9%
5.5%
Q3 24
25.5%
5.2%
Q2 24
21.7%
5.2%
Q1 24
20.1%
4.5%
Net Margin
CORT
CORT
PAY
PAY
Q4 25
12.0%
6.3%
Q3 25
9.5%
5.7%
Q2 25
18.1%
5.3%
Q1 25
13.1%
5.0%
Q4 24
16.9%
5.1%
Q3 24
25.9%
6.2%
Q2 24
21.7%
4.7%
Q1 24
18.9%
3.9%
EPS (diluted)
CORT
CORT
PAY
PAY
Q4 25
$0.20
$0.16
Q3 25
$0.16
$0.14
Q2 25
$0.29
$0.11
Q1 25
$0.17
$0.11
Q4 24
$0.25
$0.11
Q3 24
$0.41
$0.11
Q2 24
$0.32
$0.07
Q1 24
$0.25
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CORT
CORT
PAY
PAY
Cash + ST InvestmentsLiquidity on hand
$372.2M
$320.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$647.8M
$560.4M
Total Assets
$836.7M
$667.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CORT
CORT
PAY
PAY
Q4 25
$372.2M
$320.9M
Q3 25
$421.7M
$287.9M
Q2 25
$342.2M
$266.4M
Q1 25
$322.8M
$245.8M
Q4 24
$383.3M
$205.9M
Q3 24
$380.3M
$187.5M
Q2 24
$473.2M
$188.8M
Q1 24
$410.8M
$180.1M
Stockholders' Equity
CORT
CORT
PAY
PAY
Q4 25
$647.8M
$560.4M
Q3 25
$631.9M
$537.4M
Q2 25
$635.8M
$516.7M
Q1 25
$683.3M
$500.4M
Q4 24
$679.6M
$485.6M
Q3 24
$638.8M
$468.8M
Q2 24
$596.2M
$451.6M
Q1 24
$547.9M
$439.4M
Total Assets
CORT
CORT
PAY
PAY
Q4 25
$836.7M
$667.9M
Q3 25
$823.6M
$644.4M
Q2 25
$801.7M
$609.5M
Q1 25
$846.5M
$590.9M
Q4 24
$840.6M
$576.2M
Q3 24
$784.3M
$552.9M
Q2 24
$714.6M
$527.7M
Q1 24
$655.9M
$514.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CORT
CORT
PAY
PAY
Operating Cash FlowLast quarter
$38.4M
$45.1M
Free Cash FlowOCF − Capex
$38.4M
$45.0M
FCF MarginFCF / Revenue
19.0%
13.6%
Capex IntensityCapex / Revenue
0.0%
0.0%
Cash ConversionOCF / Net Profit
1.58×
2.18×
TTM Free Cash FlowTrailing 4 quarters
$161.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CORT
CORT
PAY
PAY
Q4 25
$38.4M
$45.1M
Q3 25
$54.5M
$35.1M
Q2 25
$43.9M
$31.5M
Q1 25
$5.1M
$50.4M
Q4 24
$59.3M
$27.9M
Q3 24
$73.8M
$6.7M
Q2 24
$41.2M
$18.0M
Q1 24
$23.8M
$11.0M
Free Cash Flow
CORT
CORT
PAY
PAY
Q4 25
$38.4M
$45.0M
Q3 25
$35.0M
Q2 25
$43.9M
$31.4M
Q1 25
$5.0M
$50.4M
Q4 24
$59.2M
$27.8M
Q3 24
$72.2M
$6.7M
Q2 24
$40.8M
$17.8M
Q1 24
$10.8M
FCF Margin
CORT
CORT
PAY
PAY
Q4 25
19.0%
13.6%
Q3 25
11.3%
Q2 25
22.6%
11.2%
Q1 25
3.2%
18.3%
Q4 24
32.5%
10.8%
Q3 24
39.5%
2.9%
Q2 24
24.9%
9.0%
Q1 24
5.9%
Capex Intensity
CORT
CORT
PAY
PAY
Q4 25
0.0%
0.0%
Q3 25
0.0%
0.0%
Q2 25
0.0%
0.0%
Q1 25
0.1%
0.0%
Q4 24
0.1%
0.0%
Q3 24
0.9%
0.0%
Q2 24
0.3%
0.1%
Q1 24
0.0%
0.1%
Cash Conversion
CORT
CORT
PAY
PAY
Q4 25
1.58×
2.18×
Q3 25
2.77×
1.98×
Q2 25
1.25×
2.14×
Q1 25
0.25×
3.65×
Q4 24
1.93×
2.12×
Q3 24
1.56×
0.47×
Q2 24
1.16×
1.93×
Q1 24
0.86×
1.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CORT
CORT

Segment breakdown not available.

PAY
PAY

Payment Transaction Processing Revenue$326.9M99%
Other$3.5M1%

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