Paymentus Holdings (PAY) Cost of Revenue (2020 - 2026)
Paymentus Holdings' (PAY) quarterly Cost of Revenue came in at $266.4 million in Q2 2026, up 27.72% year-over-year from $208.6 million in Q2 2025, and down 2.12% quarter-over-quarter from $272.2 million in Q1 2026.
Analysis
Paymentus Holdings (PAY) Cost of Revenue (2020 - 2026) Analysis & Trends
Paymentus Holdings has disclosed Cost of Revenue across 7 years of filings, most recently posting $266.4 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 27.72% year-over-year to $266.4 million; the TTM figure through Jun 2026 stood at $1.0 billion (up 30.8% YoY), while the FY2025 annual figure was $900.2 million, up 42.08% from the prior year.
- Cost of Revenue came in at $266.4 million for Q2 2026 at Paymentus Holdings, down from $272.2 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $272.2 million in Q1 2026 to a low of $81.8 million in Q1 2022.
- Average Cost of Revenue over 5 years is $158.4 million, with a median of $135.4 million recorded in 2024.
- Year-over-year, Cost of Revenue increased 16.85% in 2023 and surged 66.38% in 2024.
- Over 5 years, Cost of Revenue stood at $91.0 million in 2022, then rose by 26.66% to $115.3 million in 2023, then surged by 66.38% to $191.8 million in 2024, then grew by 28.47% to $246.5 million in 2025, then gained by 8.1% to $266.4 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $266.4 million in Q2 2026, $272.2 million in Q1 2026, and $246.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.11 Bn | 41.69 Bn | 3.17 Bn | 3.45 Bn |
| 2 | PayPal Holdings | 46.76 Bn | 35.51 Bn | - | - |
| 3 | Fiserv | 27.25 Bn | 26.62 Bn | 3.59 Bn | 1.71 Bn |
| 4 | Corpay | 26.88 Bn | 19.87 Bn | 1.19 Bn | 150.61 Mn |
| 5 | Global Payments | 24.33 Bn | 18.93 Bn | 2.03 Bn | 1.29 Bn |
| 6 | Wex | 6.47 Bn | 372.03 Mn | 463.80 Mn | 289.70 Mn |
| 7 | Aci Worldwide | 5.21 Bn | 5.04 Bn | 181.57 Mn | 248.85 Mn |
| 8 | Paymentus Holdings | 4.44 Bn | 4.06 Bn | 94.31 Mn | 266.43 Mn |
| 9 | dLocal | 4.38 Bn | 3.50 Bn | 127.15 Mn | 272.51 Mn |
| 10 | Sezzle | 4.03 Bn | 3.94 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 266.43 Mn |
| Mar 31, 2026 | 272.21 Mn |
| Dec 31, 2025 | 246.47 Mn |
| Sep 30, 2025 | 235.89 Mn |
| Jun 30, 2025 | 208.60 Mn |
| Mar 31, 2025 | 209.21 Mn |
| Dec 31, 2024 | 191.85 Mn |
| Sep 30, 2024 | 170.91 Mn |
| Jun 30, 2024 | 138.67 Mn |
| Mar 31, 2024 | 132.15 Mn |
| Dec 31, 2023 | 115.31 Mn |
| Sep 30, 2023 | 105.51 Mn |
| Jun 30, 2023 | 103.08 Mn |
| Mar 31, 2023 | 108.25 Mn |
| Dec 31, 2022 | 91.04 Mn |
| Sep 30, 2022 | 90.30 Mn |
| Jun 30, 2022 | 84.14 Mn |
| Mar 31, 2022 | 81.85 Mn |
| Dec 31, 2021 | 74.39 Mn |
| Sep 30, 2021 | 70.51 Mn |