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

Paymentus Holdings' (PAY) quarterly Cost of Revenue came in at $30.2 million in Q1 2026, down 85.56% year-on-year from $209.2 million in Q1 2025, and down 96.31% quarter-over-quarter from $819.0 million in Q4 2025.

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 $30.2 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $30.2 million, down 85.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 494.86% YoY), and the FY2025 annual result was $900.2 million, up 756.88% from the prior year.
  • Cost of Revenue came in at $30.2 million for Q1 2026 at Paymentus Holdings, down from $819.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $819.0 million in Q4 2025 to a low of -$336.7 million in Q4 2024.
  • The 5-year median for Cost of Revenue is $25.5 million (2025), against an average of $97.4 million.
  • Peak annual rise in Cost of Revenue reached 895.5% in 2022, while the deepest fall reached 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 plunged by 191.29% to -$336.7 million in 2024, then surged by 343.27% to $819.0 million in 2025, then tumbled by 96.31% to $30.2 million in 2026.
  • The last three Cost of Revenue figures came in at $30.2 million (Q1 2026), $819.0 million (Q4 2025), and $25.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,957.81 Bn 2,879.54 Bn 56.06 Bn 6.81 Bn
2 Alarum Technologies 1,062.12 Bn 1,047.96 Bn 7.23 Mn 4.48 Mn
3 Oracle 576.96 Bn 538.38 Bn 15.14 Bn 2.05 Bn
4 Palantir Technologies 312.40 Bn 304.48 Bn 1.42 Bn 215.80 Mn
5 Palo Alto Networks 182.37 Bn 177.84 Bn 1.91 Bn 823.00 Mn
6 CrowdStrike Holdings 162.52 Bn 159.46 Bn 993.68 Mn 463.58 Mn
7 Fortinet 102.63 Bn 99.33 Bn 1.49 Bn 636.30 Mn
8 Synopsys 87.41 Bn 87.29 Bn 1.77 Bn 396.38 Mn
9 Cloudflare 77.39 Bn 76.44 Bn 455.60 Mn 184.16 Mn
10 Paymentus Holdings 2.63 Bn 2.29 Bn 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