Repay Holdings (RPAY) Cost of Revenue (2018 - 2025)
Repay Holdings (RPAY) posted quarterly Cost of Revenue of $19.9 million for Q3 2025, up 13.37% year-over-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.
- In Q3 2025, Cost of Revenue rose 13.37% year-over-year to $19.9 million; the TTM figure through Sep 2025 stood at $75.6 million (up 7.42% YoY), while the FY2024 annual figure was $71.6 million, up 2.77% from the prior year.
- Cost of Revenue for Q3 2025 stood at $19.9 million, up from $18.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $19.9 million in Q3 2025, with the low 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.
- The sharpest annual moves came in 2021 and 2024: Cost of Revenue jumped 45.77% in 2021, then decreased 3.08% in 2024.
- Repay Holdings' Cost of Revenue stood at $15.0 million in 2021, then decreased by 0.7% to $14.9 million in 2022, then increased by 15.88% to $17.3 million in 2023, then grew by 7.5% to $18.6 million in 2024, then climbed by 7.43% to $19.9 million in 2025.
- Business Quant data shows RPAY's Cost of Revenue at $19.9 million in Q3 2025, $18.4 million in Q2 2025, and $18.7 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 296.87 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 3.45 Bn |
| 10 | Repay Holdings | 323.54 Mn | 175.87 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |