Repay Holdings (RPAY) Operating Expenses (2017 - 2025)
Repay Holdings (RPAY) posted quarterly Operating Expenses of $80.7 million for Q3 2025, up 1.15% year-over-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.
- In Q3 2025, Operating Expenses rose 1.15% year-over-year to $80.7 million; the TTM figure through Dec 2025 stood at $342.2 million (up 6.67% YoY), while the FY2024 annual figure was $320.8 million, down 21.38% from the prior year.
- Operating Expenses for Q3 2025 stood at $80.7 million, down from $180.5 million in the prior quarter.
- The five-year high for Operating Expenses was $180.5 million in Q2 2025, with the low 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.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses plunged 48.57% in 2024, then surged 130.48% in 2025.
- Repay Holdings' Operating Expenses stood at $82.9 million in 2021, then advanced by 9.78% to $91.0 million in 2022, then jumped by 69.79% to $154.5 million in 2023, then sank by 48.57% to $79.4 million in 2024, then increased by 1.63% to $80.7 million in 2025.
- Business Quant data shows RPAY's Operating Expenses at $80.7 million in Q3 2025, $180.5 million in Q2 2025, and $80.9 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 13.05 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 726.59 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Repay Holdings | 323.54 Mn | 175.87 Mn | - | - |
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 |