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| Date | Value |
|---|---|
| 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 |