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
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