Repay Holdings (RPAY) Gross Margin (2018 - 2025)
Repay Holdings' Gross Margin came in at 74.35% for Q3 2025, down 3.43 percentage points from 77.78% a year earlier and down 1.31 percentage points from the prior quarter.
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Analysis
Repay Holdings (RPAY) Gross Margin (2018 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Repay Holdings reported Gross Margin of 75.54%, down 1.82 percentage points year-over-year; for FY2024, it came in at 77.12%, up 0.61 percentage points from FY2023.
- Gross Margin carries a five-year change of -7.92 percentage points (FY2019 to FY2024).
- Going back by year, Gross Margin was 76.50% in FY2023 (-0.28 pp), 76.78% in FY2022 (+2.09 pp), 74.69% in FY2021 (+1.43 pp) and 73.27% in FY2020 (-11.77 pp).
- The Q3 2025 figure represents the lowest quarterly Gross Margin since Q2 2021.
- Year-over-year, Gross Margin has declined for four consecutive quarters, with an average year-over-year change of -0.75 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2022 (a gain of 3.62 percentage points), and the weakest in Q4 2020 (a drop of 16.64 percentage points).
- Business Quant data shows RPAY's Gross Margin at 75.66% (Q2 2025), 75.86% (Q1 2025) and 76.29% (Q4 2024) in the three quarters before Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 47.84% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 75.71% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 54.74% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 61.04% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 87.70% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 65.60% |
| 10 | Repay Holdings | 306.61 Mn | -235.50 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 74.35% |
| Jun 30, 2025 | 75.66% |
| Mar 31, 2025 | 75.86% |
| Dec 31, 2024 | 76.29% |
| Sep 30, 2024 | 77.78% |
| Jun 30, 2024 | 78.21% |
| Mar 31, 2024 | 76.25% |
| Dec 31, 2023 | 77.28% |
| Sep 30, 2023 | 76.27% |
| Jun 30, 2023 | 76.54% |
| Mar 31, 2023 | 75.90% |
| Dec 31, 2022 | 79.50% |
| Sep 30, 2022 | 76.75% |
| Jun 30, 2022 | 75.19% |
| Mar 31, 2022 | 75.48% |
| Dec 31, 2021 | 75.88% |
| Sep 30, 2021 | 74.99% |
| Jun 30, 2021 | 73.72% |
| Mar 31, 2021 | 73.75% |
| Dec 31, 2020 | 72.35% |
API Access
Repay Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=RPAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RPAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=RPAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();