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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and Paymentus Holdings, Inc. (PAY). Click either name above to swap in a different company.
NEW JERSEY RESOURCES CORP is the larger business by last-quarter revenue ($939.4M vs $330.5M, roughly 2.8× Paymentus Holdings, Inc.). NEW JERSEY RESOURCES CORP runs the higher net margin — 23.3% vs 6.3%, a 17.0% gap on every dollar of revenue. On growth, Paymentus Holdings, Inc. posted the faster year-over-year revenue change (28.1% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 33.7%).
New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.
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.
NJR vs PAY — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $939.4M | $330.5M |
| Net Profit | $218.9M | $20.7M |
| Gross Margin | — | 25.4% |
| Operating Margin | 32.0% | 7.3% |
| Net Margin | 23.3% | 6.3% |
| Revenue YoY | -33.0% | 28.1% |
| Net Profit YoY | 7.2% | 57.2% |
| EPS (diluted) | $2.16 | $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.
| Q1 26 | $939.4M | — | ||
| Q4 25 | $440.9M | $330.5M | ||
| Q3 25 | $188.3M | $310.7M | ||
| Q2 25 | $234.8M | $280.1M | ||
| Q1 25 | $569.2M | $275.2M | ||
| Q4 24 | $359.0M | $257.9M | ||
| Q3 24 | $265.7M | $231.6M | ||
| Q2 24 | $209.9M | $197.4M |
| Q1 26 | $218.9M | — | ||
| Q4 25 | $122.5M | $20.7M | ||
| Q3 25 | $15.1M | $17.7M | ||
| Q2 25 | $-15.1M | $14.7M | ||
| Q1 25 | $204.3M | $13.8M | ||
| Q4 24 | $131.3M | $13.1M | ||
| Q3 24 | $91.1M | $14.4M | ||
| Q2 24 | $-11.6M | $9.4M |
| Q1 26 | — | — | ||
| 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 26 | 32.0% | — | ||
| Q4 25 | 40.6% | 7.3% | ||
| Q3 25 | 21.5% | 6.4% | ||
| Q2 25 | -0.5% | 5.7% | ||
| Q1 25 | 49.2% | 5.7% | ||
| Q4 24 | 52.8% | 5.5% | ||
| Q3 24 | 55.0% | 5.2% | ||
| Q2 24 | 2.8% | 5.2% |
| Q1 26 | 23.3% | — | ||
| Q4 25 | 27.8% | 6.3% | ||
| Q3 25 | 8.0% | 5.7% | ||
| Q2 25 | -6.4% | 5.3% | ||
| Q1 25 | 35.9% | 5.0% | ||
| Q4 24 | 36.6% | 5.1% | ||
| Q3 24 | 34.3% | 6.2% | ||
| Q2 24 | -5.5% | 4.7% |
| Q1 26 | $2.16 | — | ||
| Q4 25 | $1.21 | $0.16 | ||
| Q3 25 | $0.15 | $0.14 | ||
| Q2 25 | $-0.15 | $0.11 | ||
| Q1 25 | $2.02 | $0.11 | ||
| Q4 24 | $1.31 | $0.11 | ||
| Q3 24 | $0.91 | $0.11 | ||
| Q2 24 | $-0.12 | $0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $320.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $560.4M |
| Total Assets | — | $667.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.4M | $320.9M | ||
| Q3 25 | $591.0K | $287.9M | ||
| Q2 25 | $931.0K | $266.4M | ||
| Q1 25 | $83.7M | $245.8M | ||
| Q4 24 | $1.9M | $205.9M | ||
| Q3 24 | $1.0M | $187.5M | ||
| Q2 24 | $22.4M | $188.8M |
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | — | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.8B | — |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $560.4M | ||
| Q3 25 | $2.4B | $537.4M | ||
| Q2 25 | $2.4B | $516.7M | ||
| Q1 25 | $2.5B | $500.4M | ||
| Q4 24 | $2.3B | $485.6M | ||
| Q3 24 | $2.2B | $468.8M | ||
| Q2 24 | $2.1B | $451.6M |
| Q1 26 | — | — | ||
| Q4 25 | $7.9B | $667.9M | ||
| Q3 25 | $7.6B | $644.4M | ||
| Q2 25 | $7.3B | $609.5M | ||
| Q1 25 | $7.3B | $590.9M | ||
| Q4 24 | $7.2B | $576.2M | ||
| Q3 24 | $7.0B | $552.9M | ||
| Q2 24 | $6.8B | $527.7M |
| Q1 26 | — | — | ||
| Q4 25 | 1.32× | — | ||
| Q3 25 | 1.36× | — | ||
| Q2 25 | 1.25× | — | ||
| Q1 25 | 1.20× | — | ||
| Q4 24 | 1.29× | — | ||
| Q3 24 | 1.31× | — | ||
| Q2 24 | 1.30× | — |
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 | — | $45.1M |
| Free Cash FlowOCF − Capex | — | $45.0M |
| FCF MarginFCF / Revenue | — | 13.6% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | 2.18× |
| TTM Free Cash FlowTrailing 4 quarters | — | $161.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $26.7M | $45.1M | ||
| Q3 25 | $81.2M | $35.1M | ||
| Q2 25 | $-28.9M | $31.5M | ||
| Q1 25 | $423.0M | $50.4M | ||
| Q4 24 | $-9.0M | $27.9M | ||
| Q3 24 | $64.5M | $6.7M | ||
| Q2 24 | $24.3M | $18.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $45.0M | ||
| Q3 25 | — | $35.0M | ||
| Q2 25 | — | $31.4M | ||
| Q1 25 | — | $50.4M | ||
| Q4 24 | — | $27.8M | ||
| Q3 24 | — | $6.7M | ||
| Q2 24 | — | $17.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 13.6% | ||
| Q3 25 | — | 11.3% | ||
| Q2 25 | — | 11.2% | ||
| Q1 25 | — | 18.3% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 9.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 0.22× | 2.18× | ||
| Q3 25 | 5.39× | 1.98× | ||
| Q2 25 | — | 2.14× | ||
| Q1 25 | 2.07× | 3.65× | ||
| Q4 24 | -0.07× | 2.12× | ||
| Q3 24 | 0.71× | 0.47× | ||
| Q2 24 | — | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NJR
| Utility | $640.9M | 68% |
| Nonutility | $298.5M | 32% |
PAY
| Payment Transaction Processing Revenue | $326.9M | 99% |
| Other | $3.5M | 1% |
