Repay Holdings (RPAY) Operating Expenses (2017 - 2025)
Repay Holdings' (RPAY) quarterly Operating Expenses came in at $80.7 million in Q3 2025, up 1.15% year-on-year from $79.8 million in Q3 2024, and down 55.28% quarter-over-quarter from $180.5 million in Q2 2025.
Repay Holdings (RPAY) Operating Expenses (2017 - 2025) Analysis & Trends
Repay Holdings' Operating Expenses history runs 9 years deep, the most recent figure standing at $80.7 million for Q3 2025.
- On a quarterly basis, Operating Expenses rose 1.15% year-over-year to $80.7 million in Q3 2025; TTM through Dec 2025 was $342.2 million, a 6.67% increase from a year earlier, with the FY2024 full-year figure at $320.8 million, down 21.38% from the prior year.
- Operating Expenses eased to $80.7 million in Q3 2025 per RPAY's latest filing, from $180.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $180.5 million in Q2 2025 and bottomed at $56.3 million in Q1 2021.
- The 5-year median for Operating Expenses is $80.7 million (2025), against an average of $87.9 million.
- Across the five-year window, Operating Expenses sank 48.57% in 2024 and surged 130.48% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $82.9 million in 2021, then climbed by 9.78% to $91.0 million in 2022, then surged by 69.79% to $154.5 million in 2023, then plunged by 48.57% to $79.4 million in 2024, then rose by 1.63% to $80.7 million in 2025.
- Per Business Quant, the three latest RPAY Operating Expenses figures stand at $80.7 million (Q3 2025), $180.5 million (Q2 2025), and $80.9 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 8.75 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | -363.49 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 13.05 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 662.79 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 1.51 Bn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 979.89 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 905.10 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 1.57 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 80.73 Mn |
| Jun 30, 2025 | 180.53 Mn |
| Mar 31, 2025 | 80.95 Mn |
| Dec 31, 2024 | 79.44 Mn |
| Sep 30, 2024 | 79.82 Mn |
| Jun 30, 2024 | 78.33 Mn |
| Mar 31, 2024 | 83.22 Mn |
| Dec 31, 2023 | 154.45 Mn |
| Sep 30, 2023 | 79.44 Mn |
| Jun 30, 2023 | 81.65 Mn |
| Mar 31, 2023 | 92.50 Mn |
| Dec 31, 2022 | 90.97 Mn |
| Sep 30, 2022 | 76.99 Mn |
| Jun 30, 2022 | 84.00 Mn |
| Mar 31, 2022 | 74.47 Mn |
| Dec 31, 2021 | 82.86 Mn |
| Sep 30, 2021 | 73.34 Mn |
| Jun 30, 2021 | 60.74 Mn |
| Mar 31, 2021 | 56.31 Mn |
| Dec 31, 2020 | 50.27 Mn |