Nayax (NYAX) Cost of Revenue (2021 - 2026)
Nayax (NYAX) posted Cost of Revenue of $63.9 million for Q4 2025, up 20.82% sequentially from $52.9 million in Q3 2025, and up 33.26% YoY from $48.0 million in Q4 2024.
Nayax (NYAX) Cost of Revenue (2021 - 2026) Analysis & Trends
Nayax has reported Cost of Revenue for 5 years, with the latest figure at $63.9 million in Q4 2025.
- Quarterly Cost of Revenue rose 33.26% year-over-year to $63.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $207.5 million (up 20.29% YoY) and the FY2025 annual result came in at $207.5 million, up 20.29% from the prior year.
- Cost of Revenue advanced to $63.9 million in Q4 2025 per NYAX's latest filing, from $52.9 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $63.9 million in Q4 2025 and troughed at $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.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue soared 69.21% in 2022, then climbed 4.17% in 2024.
- Over 5 years, Cost of Revenue stood at $22.4 million in 2021, then soared by 51.05% to $33.9 million in 2022, then climbed by 18.05% to $40.0 million in 2023, then grew by 19.9% to $48.0 million in 2024, then surged by 33.26% to $63.9 million in 2025.
- According to Business Quant data, Cost of Revenue over the past three periods registered $63.9 million, $52.9 million, and $49.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 296.87 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 3.45 Bn |
| 10 | Nayax | 1.90 Bn | 1.60 Bn | 57.45 Mn | 65.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 65.14 Mn |
| Jun 30, 2026 | 65.14 Mn |
| 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 |