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| 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 |