Repay Holdings (RPAY) Cost of Revenue (2018 - 2025)

Repay Holdings' (RPAY) quarterly Cost of Revenue came in at $19.9 million in Q3 2025, up 13.37% year-on-year from $17.6 million in Q3 2024, and up 8.32% quarter-over-quarter from $18.4 million in Q2 2025.

Repay Holdings (RPAY) Cost of Revenue (2018 - 2025) Analysis & Trends

Repay Holdings' Cost of Revenue history runs 8 years deep, the most recent figure standing at $19.9 million for Q3 2025.

  • On a quarterly basis, Cost of Revenue rose 13.37% year-over-year to $19.9 million in Q3 2025; TTM through Sep 2025 was $75.6 million, a 7.42% increase from a year earlier, with the FY2024 full-year figure at $71.6 million, up 2.77% from the prior year.
  • Cost of Revenue advanced to $19.9 million in Q3 2025 per RPAY's latest filing, from $18.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $19.9 million in Q3 2025 and bottomed at $12.5 million in Q1 2021.
  • The 5-year median for Cost of Revenue is $16.8 million (2023), against an average of $16.8 million.
  • Across the five-year window, Cost of Revenue jumped 45.77% in 2021 and declined 3.08% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at $15.0 million in 2021, then slipped by 0.7% to $14.9 million in 2022, then rose by 15.88% to $17.3 million in 2023, then increased by 7.5% to $18.6 million in 2024, then grew by 7.43% to $19.9 million in 2025.
  • Per Business Quant, the three latest RPAY Cost of Revenue figures stand at $19.9 million (Q3 2025), $18.4 million (Q2 2025), and $18.7 million (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 26.83 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn 71.28 Mn
3 Oracle 329.59 Bn 297.69 Bn - -
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 215.80 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 685.00 Mn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn 311.70 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 364.50 Mn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn 184.16 Mn
10 Synopsys 70.83 Bn 68.63 Bn 1.77 Bn 637.38 Mn

Historic Data

Download Data
DateValue
Sep 30, 2025 19.94 Mn
Sep 30, 2025 19.94 Mn
Jun 30, 2025 18.40 Mn
Jun 30, 2025 18.40 Mn
Mar 31, 2025 18.66 Mn
Mar 31, 2025 18.66 Mn
Dec 31, 2024 18.56 Mn
Dec 31, 2024 18.56 Mn
Sep 30, 2024 17.58 Mn
Sep 30, 2024 17.58 Mn
Jun 30, 2024 16.32 Mn
Jun 30, 2024 16.32 Mn
Mar 31, 2024 19.18 Mn
Mar 31, 2024 19.18 Mn
Dec 31, 2023 17.26 Mn
Dec 31, 2023 17.26 Mn
Sep 30, 2023 17.64 Mn
Sep 30, 2023 17.64 Mn
Jun 30, 2023 16.84 Mn
Jun 30, 2023 16.84 Mn