Repay Holdings (RPAY) Cost of Revenue (2018 - 2025)
Repay Holdings (RPAY) recorded quarterly Cost of Revenue of $19.9 million in Q3 2025, up 8.32% quarter-over-quarter from $18.4 million in Q2 2025, and up 13.37% on a YoY basis from $17.6 million in Q3 2024.
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 was $19.9 million for Q3 2025 at Repay Holdings, up from $18.4 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $19.9 million in Q3 2025 to a low of $12.5 million in Q1 2021.
- Historically, Cost of Revenue has averaged $16.8 million across 5 years, with a median of $16.8 million in 2023.
- The sharpest annual moves came in 2021 and 2024: Cost of Revenue surged 45.77% in 2021, then slipped 3.08% in 2024.
- A 5-year view of Cost of Revenue shows it 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.
- The last three Cost of Revenue figures came in at $19.9 million (Q3 2025), $18.4 million (Q2 2025), and $18.7 million (Q1 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 | Repay Holdings | 339.00 | -147.67 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 |