Nayax (NYAX) Cost of Revenue (2021 - 2025)

Nayax (NYAX) reported Cost of Revenue of $63.9 million for Q4 2025, up 33.26% on a YoY basis from $48.0 million in Q4 2024, and up 20.82% sequentially from $52.9 million in Q3 2025.

Nayax (NYAX) Cost of Revenue (2021 - 2025) Analysis & Trends

Nayax (NYAX) has 5 years of Cost of Revenue data on file, last reported at $63.9 million in Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 33.26% year-over-year to $63.9 million; the trailing twelve-month figure through Dec 2025 stood at $207.5 million (up 20.29% YoY), and the FY2025 full-year result was $207.5 million, up 20.29% from the prior year.
  • Cost of Revenue advanced to $63.9 million in Q4 2025, from $52.9 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $63.9 million in Q4 2025 to a low of $18.6 million in Q3 2021.
  • A 5-year average of $37.9 million and a median of $36.7 million in 2023 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue jumped 69.21% in 2022 and gained 4.17% in 2024, its largest moves.
  • Tracing NYAX's Cost of Revenue over 5 years: stood at $22.4 million in 2021, then soared by 51.05% to $33.9 million in 2022, then rose by 18.05% to $40.0 million in 2023, then gained by 19.9% to $48.0 million in 2024, then surged by 33.26% to $63.9 million in 2025.
  • Business Quant data shows NYAX's Cost of Revenue at $63.9 million in Q4 2025, $52.9 million in Q3 2025, and $49.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 26.83 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn 71.28 Mn
3 Oracle 329.59 Bn 297.69 Bn - -
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 215.80 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 685.00 Mn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn 311.70 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 364.50 Mn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn 184.16 Mn
10 Nayax 2.46 Bn 2.14 Bn 55.53 Mn 63.93 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 63.93 Mn
Dec 31, 2025 63.93 Mn
Sep 30, 2025 52.91 Mn
Sep 30, 2025 52.91 Mn
Jun 30, 2025 49.42 Mn
Jun 30, 2025 49.42 Mn
Mar 31, 2025 41.21 Mn
Mar 31, 2025 41.21 Mn
Dec 31, 2024 47.97 Mn
Dec 31, 2024 47.97 Mn
Sep 30, 2024 45.03 Mn
Sep 30, 2024 45.03 Mn
Jun 30, 2024 43.50 Mn
Jun 30, 2024 43.50 Mn
Mar 31, 2024 35.98 Mn
Mar 31, 2024 35.98 Mn
Dec 31, 2023 40.01 Mn
Dec 31, 2023 40.01 Mn
Sep 30, 2023 37.35 Mn
Sep 30, 2023 37.35 Mn