Repay Holdings (RPAY) Net Margin (2018 - 2025)
Repay Holdings' Net Margin was -8.25% in Q3 2025, down 12.35 percentage points from 4.10% a year earlier but up 126.95 percentage points from the prior quarter.
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Analysis
Repay Holdings (RPAY) Net Margin (2018 - 2025) Analysis & Trends
On a trailing twelve-month basis, Repay Holdings' Net Margin was -39.08% through Sep 30, 2025, down 13.55 percentage points year-over-year; for FY2024, it came in at -3.24%, up 34.00 percentage points from FY2023.
- Net Margin shows a five-year change of +26.92 percentage points (FY2019 to FY2024).
- In earlier years, Net Margin was -37.25% in FY2023 (-41.85 pp), 4.60% in FY2022 (+27.44 pp), -22.84% in FY2021 (+45.27 pp) and -68.11% in FY2020 (-37.95 pp).
- Quarterly Net Margin has moved between -135.21% (Q2 2025) and 20.21% (Q1 2022) over five years.
- Compared with a year earlier, Net Margin has declined for three straight quarters, with an average year-over-year change of -12.45 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q2 2021 (a gain of 191.91 percentage points); the worst was Q2 2025 (a drop of 129.77 percentage points).
- Per Business Quant data, RPAY's Net Margin in the three quarters before Q3 2025 was -135.21% (Q2 2025), -10.28% (Q1 2025) and -5.26% (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -29.46% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 12.72% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 1.34% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -498.45% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 18.55% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 11.85% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 0.39% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -179.60% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 7.64% |
| 10 | Repay Holdings | 306.61 Mn | -235.50 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -8.25% |
| Jun 30, 2025 | -135.21% |
| Mar 31, 2025 | -10.28% |
| Dec 31, 2024 | -5.26% |
| Sep 30, 2024 | 4.10% |
| Jun 30, 2024 | -5.43% |
| Mar 31, 2024 | -6.46% |
| Dec 31, 2023 | -96.45% |
| Sep 30, 2023 | -8.30% |
| Jun 30, 2023 | -6.47% |
| Mar 31, 2023 | -35.41% |
| Dec 31, 2022 | -9.18% |
| Sep 30, 2022 | 8.17% |
| Jun 30, 2022 | 0.01% |
| Mar 31, 2022 | 20.21% |
| Dec 31, 2021 | -25.33% |
| Sep 30, 2021 | -10.25% |
| Jun 30, 2021 | -25.34% |
| Mar 31, 2021 | -33.24% |
| Dec 31, 2020 | -22.22% |
API Access
Repay Holdings Net 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=net-margin&ticker=RPAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=RPAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();