Paymentus Holdings (PAY) Cost of Revenue (2020 - 2026)

Paymentus Holdings (PAY) posted Cost of Revenue of $30.2 million for Q1 2026, down 96.31% sequentially from $819.0 million in Q4 2025, and down 85.56% YoY from $209.2 million in Q1 2025.

Paymentus Holdings (PAY) Cost of Revenue (2020 - 2026) Analysis & Trends

Paymentus Holdings (PAY) has 7 years of Cost of Revenue data on file, last reported at $30.2 million in Q1 2026.

  • Quarterly Cost of Revenue fell 85.56% year-over-year to $30.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 494.86% YoY) and the FY2025 annual result came in at $900.2 million, up 756.88% from the prior year.
  • Cost of Revenue retreated to $30.2 million in Q1 2026 per PAY's latest filing, from $819.0 million in the prior quarter.
  • The five-year high for Cost of Revenue was $819.0 million in Q4 2025, with the low at -$336.7 million in Q4 2024.
  • Average Cost of Revenue over 5 years is $97.4 million, with a median of $25.5 million recorded in 2025.
  • The widest YoY moves for Cost of Revenue: up 895.5% in 2022, down 345.99% in 2022.
  • Paymentus Holdings' Cost of Revenue stood at -$183.0 million in 2022, then jumped by 301.54% to $368.8 million in 2023, then sank by 191.29% to -$336.7 million in 2024, then surged by 343.27% to $819.0 million in 2025, then plunged by 96.31% to $30.2 million in 2026.
  • Business Quant data shows PAY's Cost of Revenue at $30.2 million in Q1 2026, $819.0 million in Q4 2025, and $25.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 6.81 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.07 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 215.80 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 823.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 463.58 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 636.30 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 184.16 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 396.38 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 3.15 Bn
10 Paymentus Holdings 152,220.01 -338.63 Mn 86.23 Mn 30.21 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 30.21 Mn
Mar 31, 2026 30.21 Mn
Dec 31, 2025 819.03 Mn
Dec 31, 2025 819.03 Mn
Sep 30, 2025 25.48 Mn
Sep 30, 2025 25.48 Mn
Jun 30, 2025 208.60 Mn
Jun 30, 2025 208.60 Mn
Mar 31, 2025 209.21 Mn
Mar 31, 2025 209.21 Mn
Dec 31, 2024 -336.68 Mn
Dec 31, 2024 -336.68 Mn
Sep 30, 2024 170.91 Mn
Sep 30, 2024 170.91 Mn
Jun 30, 2024 138.67 Mn
Jun 30, 2024 138.67 Mn
Mar 31, 2024 23.24 Mn
Mar 31, 2024 23.24 Mn
Dec 31, 2023 368.80 Mn
Dec 31, 2023 368.80 Mn