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Side-by-side financial comparison of IDACORP INC (IDA) and Paymentus Holdings, Inc. (PAY). Click either name above to swap in a different company.
IDACORP INC is the larger business by last-quarter revenue ($360.1M vs $330.5M, roughly 1.1× Paymentus Holdings, Inc.). IDACORP INC runs the higher net margin — 12.1% vs 6.3%, a 5.9% gap on every dollar of revenue. On growth, Paymentus Holdings, Inc. posted the faster year-over-year revenue change (28.1% vs -4.2%). Paymentus Holdings, Inc. produced more free cash flow last quarter ($45.0M vs $-216.2M). Over the past eight quarters, Paymentus Holdings, Inc.'s revenue compounded faster (33.7% CAGR vs -7.2%).
IDACORP, Inc is an electricity holding company, incorporated in Idaho with headquarters in Boise. It comprises Idaho Power Company, IDACORP Financial and Ida-West Energy. It was formed on October 1, 1998.
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.
IDA vs PAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $360.1M | $330.5M |
| Net Profit | $43.6M | $20.7M |
| Gross Margin | — | 25.4% |
| Operating Margin | 14.9% | 7.3% |
| Net Margin | 12.1% | 6.3% |
| Revenue YoY | -4.2% | 28.1% |
| Net Profit YoY | 15.1% | 57.2% |
| EPS (diluted) | $0.78 | $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.
| Q4 25 | $360.1M | $330.5M | ||
| Q3 25 | $526.4M | $310.7M | ||
| Q2 25 | $449.3M | $280.1M | ||
| Q1 25 | $411.1M | $275.2M | ||
| Q4 24 | $375.9M | $257.9M | ||
| Q3 24 | $532.5M | $231.6M | ||
| Q2 24 | $442.6M | $197.4M | ||
| Q1 24 | $417.9M | $184.9M |
| Q4 25 | $43.6M | $20.7M | ||
| Q3 25 | $124.4M | $17.7M | ||
| Q2 25 | $95.8M | $14.7M | ||
| Q1 25 | $59.6M | $13.8M | ||
| Q4 24 | $37.9M | $13.1M | ||
| Q3 24 | $113.6M | $14.4M | ||
| Q2 24 | $89.5M | $9.4M | ||
| Q1 24 | $48.2M | $7.2M |
| Q4 25 | — | 25.4% | ||
| Q3 25 | — | 24.1% | ||
| Q2 25 | — | 25.5% | ||
| Q1 25 | — | 24.0% | ||
| Q4 24 | — | 25.6% | ||
| Q3 24 | — | 26.2% | ||
| Q2 24 | — | 29.8% | ||
| Q1 24 | — | 28.5% |
| Q4 25 | 14.9% | 7.3% | ||
| Q3 25 | 27.5% | 6.4% | ||
| Q2 25 | 22.4% | 5.7% | ||
| Q1 25 | 13.4% | 5.7% | ||
| Q4 24 | 11.0% | 5.5% | ||
| Q3 24 | 25.1% | 5.2% | ||
| Q2 24 | 23.3% | 5.2% | ||
| Q1 24 | 11.9% | 4.5% |
| Q4 25 | 12.1% | 6.3% | ||
| Q3 25 | 23.6% | 5.7% | ||
| Q2 25 | 21.3% | 5.3% | ||
| Q1 25 | 14.5% | 5.0% | ||
| Q4 24 | 10.1% | 5.1% | ||
| Q3 24 | 21.3% | 6.2% | ||
| Q2 24 | 20.2% | 4.7% | ||
| Q1 24 | 11.5% | 3.9% |
| Q4 25 | $0.78 | $0.16 | ||
| Q3 25 | $2.26 | $0.14 | ||
| Q2 25 | $1.76 | $0.11 | ||
| Q1 25 | $1.10 | $0.11 | ||
| Q4 24 | $0.72 | $0.11 | ||
| Q3 24 | $2.12 | $0.11 | ||
| Q2 24 | $1.71 | $0.07 | ||
| Q1 24 | $0.95 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $215.7M | $320.9M |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $3.6B | $560.4M |
| Total Assets | $10.2B | $667.9M |
| Debt / EquityLower = less leverage | 0.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $215.7M | $320.9M | ||
| Q3 25 | $333.2M | $287.9M | ||
| Q2 25 | $474.5M | $266.4M | ||
| Q1 25 | $634.5M | $245.8M | ||
| Q4 24 | $368.9M | $205.9M | ||
| Q3 24 | $427.9M | $187.5M | ||
| Q2 24 | $169.6M | $188.8M | ||
| Q1 24 | $157.6M | $180.1M |
| Q4 25 | $3.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.6B | $560.4M | ||
| Q3 25 | $3.5B | $537.4M | ||
| Q2 25 | $3.4B | $516.7M | ||
| Q1 25 | $3.3B | $500.4M | ||
| Q4 24 | $3.3B | $485.6M | ||
| Q3 24 | $3.3B | $468.8M | ||
| Q2 24 | $3.2B | $451.6M | ||
| Q1 24 | $2.9B | $439.4M |
| Q4 25 | $10.2B | $667.9M | ||
| Q3 25 | $10.1B | $644.4M | ||
| Q2 25 | $9.9B | $609.5M | ||
| Q1 25 | $9.6B | $590.9M | ||
| Q4 24 | $9.2B | $576.2M | ||
| Q3 24 | $9.1B | $552.9M | ||
| Q2 24 | $8.7B | $527.7M | ||
| Q1 24 | $8.3B | $514.0M |
| Q4 25 | 0.93× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.92× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $137.8M | $45.1M |
| Free Cash FlowOCF − Capex | $-216.2M | $45.0M |
| FCF MarginFCF / Revenue | -60.0% | 13.6% |
| Capex IntensityCapex / Revenue | 98.3% | 0.0% |
| Cash ConversionOCF / Net Profit | 3.16× | 2.18× |
| TTM Free Cash FlowTrailing 4 quarters | $-577.5M | $161.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $137.8M | $45.1M | ||
| Q3 25 | $162.8M | $35.1M | ||
| Q2 25 | $176.9M | $31.5M | ||
| Q1 25 | $124.3M | $50.4M | ||
| Q4 24 | $136.4M | $27.9M | ||
| Q3 24 | $201.9M | $6.7M | ||
| Q2 24 | $146.4M | $18.0M | ||
| Q1 24 | $109.7M | $11.0M |
| Q4 25 | $-216.2M | $45.0M | ||
| Q3 25 | $-127.9M | $35.0M | ||
| Q2 25 | $-156.4M | $31.4M | ||
| Q1 25 | $-77.0M | $50.4M | ||
| Q4 24 | $-48.9M | $27.8M | ||
| Q3 24 | $-16.1M | $6.7M | ||
| Q2 24 | $-199.6M | $17.8M | ||
| Q1 24 | $-150.3M | $10.8M |
| Q4 25 | -60.0% | 13.6% | ||
| Q3 25 | -24.3% | 11.3% | ||
| Q2 25 | -34.8% | 11.2% | ||
| Q1 25 | -18.7% | 18.3% | ||
| Q4 24 | -13.0% | 10.8% | ||
| Q3 24 | -3.0% | 2.9% | ||
| Q2 24 | -45.1% | 9.0% | ||
| Q1 24 | -36.0% | 5.9% |
| Q4 25 | 98.3% | 0.0% | ||
| Q3 25 | 55.2% | 0.0% | ||
| Q2 25 | 74.2% | 0.0% | ||
| Q1 25 | 49.0% | 0.0% | ||
| Q4 24 | 49.3% | 0.0% | ||
| Q3 24 | 41.0% | 0.0% | ||
| Q2 24 | 78.2% | 0.1% | ||
| Q1 24 | 62.2% | 0.1% |
| Q4 25 | 3.16× | 2.18× | ||
| Q3 25 | 1.31× | 1.98× | ||
| Q2 25 | 1.85× | 2.14× | ||
| Q1 25 | 2.08× | 3.65× | ||
| Q4 24 | 3.60× | 2.12× | ||
| Q3 24 | 1.78× | 0.47× | ||
| Q2 24 | 1.63× | 1.93× | ||
| Q1 24 | 2.28× | 1.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IDA
| Retailrevenues | $323.0M | 90% |
| Transmissionserviceswheeling | $18.6M | 5% |
| Energyefficiencyprogramrevenues | $11.7M | 3% |
| Wholesaleenergysales | $10.5M | 3% |
| Otherrevenues | $9.5M | 3% |
PAY
| Payment Transaction Processing Revenue | $326.9M | 99% |
| Other | $3.5M | 1% |
