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