Paysign (PAYS) Cost of Revenue (2010 - 2026)
Paysign (PAYS) posted Cost of Revenue of $10.4 million for Q2 2026, up 5.45% on a QoQ basis from $9.8 million in Q1 2026, and up 41.4% year-over-year from $7.3 million in Q2 2025.
Analysis
Paysign (PAYS) Cost of Revenue (2010 - 2026) Analysis & Trends
Paysign has reported Cost of Revenue for 17 years, with the latest figure at $10.4 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 41.4% year-over-year to $10.4 million in Q2 2026; TTM through Jun 2026 was $39.3 million, a 43.16% increase from a year earlier, with the FY2025 full-year figure at $33.3 million, up 27.2% from the prior year.
- Cost of Revenue was $10.4 million for Q2 2026 at Paysign, up from $9.8 million in the prior quarter.
- The five-year high for Cost of Revenue was $10.4 million in Q2 2026, with the low at $3.2 million in Q1 2022.
- Average Cost of Revenue over 5 years is $6.7 million, with a median of $6.5 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue decreased 6.53% in 2022, then soared 58.13% in 2023.
- Over 5 years, Cost of Revenue stood at $5.1 million in 2022, then increased by 28.21% to $6.5 million in 2023, then dropped by 2.16% to $6.4 million in 2024, then soared by 50.37% to $9.6 million in 2025, then advanced by 7.48% to $10.4 million in 2026.
- The last three Cost of Revenue figures came in at $10.4 million (Q2 2026), $9.8 million (Q1 2026), and $9.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | 3.45 Bn |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | - |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | 1.71 Bn |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | 150.61 Mn |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | 1.29 Bn |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | 289.70 Mn |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 248.85 Mn |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 266.43 Mn |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | 272.51 Mn |
| 10 | Paysign | 718.97 Mn | 542.49 Mn | 17.90 Mn | 10.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.36 Mn |
| Mar 31, 2026 | 9.82 Mn |
| Dec 31, 2025 | 9.63 Mn |
| Sep 30, 2025 | 9.45 Mn |
| Jun 30, 2025 | 7.32 Mn |
| Mar 31, 2025 | 6.91 Mn |
| Dec 31, 2024 | 6.41 Mn |
| Sep 30, 2024 | 6.78 Mn |
| Jun 30, 2024 | 6.75 Mn |
| Mar 31, 2024 | 6.25 Mn |
| Dec 31, 2023 | 6.55 Mn |
| Sep 30, 2023 | 6.07 Mn |
| Jun 30, 2023 | 5.43 Mn |
| Mar 31, 2023 | 5.10 Mn |
| Dec 31, 2022 | 5.11 Mn |
| Sep 30, 2022 | 4.85 Mn |
| Jun 30, 2022 | 3.90 Mn |
| Mar 31, 2022 | 3.22 Mn |
| Dec 31, 2021 | 4.01 Mn |
| Sep 30, 2021 | 3.80 Mn |