Usio, Inc.
USIO · Functions Related To Depository Banking, NEC · 27.6M shares · +15%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: -$685K (gross $1M, SBC $2M)
Reference price $1.27 · est. market cap ~$35M — last insider sale, 2026-03-10 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C58Usio — small integrated-payments processor near breakeven.
Strengths
- Positive free cash flow; growing card/ACH volumes
Risks
- Net loss (income down sharply); thin margins
- Sub-scale vs. payments giants
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -2.9%)
- Chronic dilutionShare count +15%/yr over 4y (dilution, book value/share -45%)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
23.1%
Operating margin
-2.8%
Net margin
-2.9%
Return on equity
-14.0%
Return on assets
-1.9%
ROIC
-9.8%
Revenue growth (QoQ)
14.5%
Net-income growth
-176.0%
Debt / equity
0.1×
Current ratio
1.1×
Free cash flow
$1M
EBITDA
-$413K
Tangible book value
$18M
Cash & investments
$7M
Stock comp / revenue
2.0%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-21 | Beyer del la Garza Ernesto R | Option exercise | 7.0K | $1.82 |
| 2026-06-21 | White Michael Joseph | Option exercise | 6.0K | $1.82 |
| 2026-06-21 | White Michael Joseph | Tax withheld | 1.8K | $1.82 |
| 2026-06-21 | Frost Houston Korth | Option exercise | 4.0K | $1.82 |
| 2026-06-21 | Uffner Jerry | Option exercise | 4.0K | $1.82 |
| 2026-06-21 | Uffner Jerry | Tax withheld | 1.4K | $1.82 |
| 2026-06-21 | HOCH LOUIS A | Option exercise | 7.0K | $1.82 |
| 2026-06-21 | HOCH LOUIS A | Tax withheld | 2.8K | $1.82 |
| 2026-06-21 | White Michael Joseph | Option exercise | 6.0K | $1.82 |
| 2026-06-21 | White Michael Joseph | Option exercise | 1.8K | $1.82 |
| 2026-06-21 | Miller Elizabeth Michelle | Option exercise | 7.0K | $1.82 |
| 2026-06-21 | Rollins Brad | Option exercise | 7.0K | $1.82 |
| 2026-06-11 | HOCH LOUIS A | Grant | 300K | $1.71 |
| 2026-06-11 | White Michael Joseph | Grant | 50K | $1.71 |
| 2026-06-11 | Uffner Jerry | Grant | 40K | $1.71 |
| 2026-06-11 | Frost Houston Korth | Grant | 50K | $1.71 |
| 2026-03-16 | Beyer del la Garza Ernesto R | Option exercise | 7.0K | $1.21 |
| 2026-03-16 | Miller Elizabeth Michelle | Tax withheld | 500 | $1.21 |
| 2026-03-16 | Rollins Brad | Option exercise | 7.0K | $1.21 |
| 2026-03-16 | Miller Elizabeth Michelle | Option exercise | 2.0K | $1.21 |
| 2026-03-10 | National Services, Inc | Sell | 10K | $1.27 |
| 2026-03-10 | National Services, Inc | Sell | 10K | $1.27 |
| 2026-03-09 | National Services, Inc | Sell | 8.9K | $1.31 |
| 2026-03-09 | National Services, Inc | Sell | 8.9K | $1.31 |
| 2026-03-06 | National Services, Inc | Sell | 6.7K | $1.35 |
| 2026-03-05 | National Services, Inc | Sell | 2.8K | $1.38 |
| 2026-02-21 | Carter Greg M | Option exercise | 4.0K | $1.34 |
| 2026-02-21 | HOCH LOUIS A | Option exercise | 11K | $1.34 |
| 2026-02-21 | HOCH LOUIS A | Tax withheld | 4.9K | $1.34 |
| 2026-02-21 | Carter Greg M | Tax withheld | 1.2K | $1.34 |
| 2026-02-21 | Frost Houston Korth | Option exercise | 4.0K | $1.34 |
| 2026-01-27 | National Services, Inc | Sell | 5.9K | $1.36 |
| 2026-01-26 | National Services, Inc | Sell | 4.5K | $1.35 |
| 2026-01-23 | National Services, Inc | Sell | 9.0K | $1.34 |
| 2026-01-22 | National Services, Inc | Sell | 7.5K | $1.37 |
| 2026-01-21 | National Services, Inc | Sell | 7.5K | $1.36 |
| 2026-01-20 | National Services, Inc | Sell | 10K | $1.36 |
| 2026-01-16 | National Services, Inc | Sell | 6.0K | $1.36 |
| 2026-01-15 | National Services, Inc | Sell | 5.6K | $1.37 |
| 2026-01-14 | National Services, Inc | Sell | 2.1K | $1.37 |
| 2026-01-13 | National Services, Inc | Sell | 5.4K | $1.36 |
| 2026-01-09 | White Michael Joseph | Option exercise | 1.2K | $1.38 |
| 2025-12-08 | HOCH LOUIS A | Gift | 5.0K | $1.42 |
| 2025-12-08 | HOCH LOUIS A | Gift | 35K | $1.42 |
| 2025-08-21 | Frost Houston Korth | Grant | 50K | $1.44 |
| 2025-08-21 | Uffner Jerry | Grant | 40K | $1.44 |
| 2025-08-21 | White Michael Joseph | Grant | 50K | $1.44 |
| 2025-08-21 | Carter Greg M | Grant | 50K | $1.44 |
| 2025-08-21 | HOCH LOUIS A | Grant | 300K | $1.44 |
| 2025-08-21 | HOCH LOUIS A | Grant | 300K | $1.47 |
| 2025-06-22 | Miller Elizabeth Michelle | Tax withheld | 5.6K | $1.44 |
| 2025-06-22 | Miller Elizabeth Michelle | Option exercise | 22K | $1.44 |
| 2025-06-21 | Carter Greg M | Tax withheld | 1.8K | $1.44 |
| 2025-06-21 | White Michael Joseph | Option exercise | 6.0K | $1.44 |
| 2025-06-21 | White Michael Joseph | Tax withheld | 1.8K | $1.44 |
| 2025-06-21 | Uffner Jerry | Option exercise | 4.0K | $1.44 |
| 2025-06-21 | Frost Houston Korth | Option exercise | 4.0K | $1.44 |
| 2025-06-21 | Uffner Jerry | Option exercise | 4.0K | $1.44 |
| 2025-06-21 | Uffner Jerry | Tax withheld | 1.4K | $1.44 |
| 2025-06-21 | HOCH LOUIS A | Option exercise | 7.0K | $1.44 |
| 2025-06-21 | HOCH LOUIS A | Tax withheld | 2.8K | $1.44 |
| 2025-06-21 | Rollins Brad | Option exercise | 7.0K | $1.44 |
| 2025-06-21 | Bender Blaise | Option exercise | 7.0K | $1.44 |
| 2025-06-21 | Beyer del la Garza Ernesto R | Option exercise | 7.0K | $1.44 |
| 2025-06-21 | Miller Elizabeth Michelle | Option exercise | 7.0K | $1.44 |
| 2025-06-21 | Miller Elizabeth Michelle | Tax withheld | 1.8K | $1.44 |
| 2025-06-21 | Uffner Jerry | Tax withheld | 1.4K | $1.44 |
| 2025-06-21 | Carter Greg M | Option exercise | 6.0K | $1.44 |
| 2025-03-16 | Rollins Brad | Option exercise | 7.0K | $1.47 |
| 2025-03-16 | Beyer del la Garza Ernesto R | Option exercise | 7.0K | $1.47 |
| 2025-03-16 | Beyer del la Garza Ernesto R | Option exercise | 7.0K | $1.47 |
| 2025-03-16 | Miller Elizabeth Michelle | Option exercise | 2.0K | $1.47 |
| 2025-03-16 | Miller Elizabeth Michelle | Tax withheld | 500 | $1.47 |
| 2025-03-16 | Beyer del la Garza Ernesto R | Option exercise | 7.0K | $1.47 |
| 2025-03-16 | Miller Elizabeth Michelle | Option exercise | 2.0K | $1.47 |
| 2025-03-16 | Miller Elizabeth Michelle | Tax withheld | 500 | $1.47 |
| 2025-03-16 | Beyer del la Garza Ernesto R | Option exercise | 7.0K | $1.47 |
| 2025-03-16 | Bender Blaise | Option exercise | 7.0K | $1.47 |
| 2025-02-21 | HOCH LOUIS A | Tax withheld | 4.9K | $1.71 |
| 2025-02-21 | Frost Houston Korth | Option exercise | 4.0K | $1.71 |
| 2025-02-21 | Frost Houston Korth | Tax withheld | 1.5K | $1.71 |
| 2025-02-21 | White Michael Joseph | Option exercise | 1.2K | $1.71 |
| 2025-02-21 | White Michael Joseph | Tax withheld | 465 | $1.71 |
| 2025-02-21 | Carter Greg M | Option exercise | 4.0K | $1.71 |
| 2025-02-21 | Carter Greg M | Tax withheld | 1.4K | $1.71 |
| 2025-02-21 | HOCH LOUIS A | Option exercise | 11K | $1.71 |
| 2025-01-31 | Frost Houston Korth | Tax withheld | 54K | $1.88 |
| 2024-12-29 | HOCH LOUIS A | Tax withheld | 209K | $1.45 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (13)
- Fifth Third Bank
- Sunrise Bank
- TransPecos Bank
- Wells Fargo Bank
- Mastercard
- Visa
- Discover
- Apple (Apple Pay)
- Samsung (Samsung Pay)
- Google (Google Pay)
- PayPal
- Venmo
- PIN4 network
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-17 | Exec/director changeExhibits | filing ↗ |
| 2026-06-16 | 3.035.03Shareholder voteReg FDExhibits | filing ↗ |
| 2026-06-10 | 5.03Shareholder voteReg FDExhibits | filing ↗ |
| 2026-05-13 | ResultsExhibits | filing ↗ |
| 2026-03-18 | ResultsExhibits | filing ↗ |
| 2026-01-27 | ResultsReg FDExhibits | filing ↗ |
| 2025-11-12 | ResultsExhibits | filing ↗ |
| 2025-08-29 | Exec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-17 | 2026-06-17 | 0001437749-26-020962 ↗ |
| 8-K/A | 2026-06-16 | 2026-06-10 | 0001437749-26-020790 ↗ |
| 8-K | 2026-06-10 | 2026-06-10 | 0001437749-26-020174 ↗ |
| 10-Q | 2026-05-13 | 2026-03-31 | 0001437749-26-016710 ↗ |
| 8-K | 2026-05-13 | 2026-05-13 | 0001437749-26-016711 ↗ |
| 8-K | 2026-03-18 | 2026-03-18 | 0001437749-26-008836 ↗ |
| 10-K | 2026-03-18 | 2025-12-31 | 0001437749-26-008833 ↗ |
| 8-K | 2026-01-27 | 2026-01-21 | 0001437749-26-002190 ↗ |
| 10-Q | 2025-11-12 | 2025-09-30 | 0001437749-25-034425 ↗ |
| 8-K | 2025-11-12 | 2025-11-12 | 0001437749-25-034426 ↗ |
| 8-K | 2025-08-29 | 2025-08-29 | 0001437749-25-028037 ↗ |
| 8-K | 2025-08-27 | 2025-08-27 | 0001437749-25-027881 ↗ |