Paymentus Holdings, Inc. (PAY) reported a strong Q1 2026 with revenue of $358.4 million and a contribution profit of $109.7 million. The company launched an AI-native service commerce platform, "Billeo," and raised its full-year revenue guidance to $1.425B-$1.440B. Management emphasized a disciplined approach to guidance, aiming for long-term shareholder value. Q1 results exceeded expectations, with a record adjusted EBITDA margin of 38.7%. The company remains debt-free and anticipates robust free cash flow for the year.