Repay Holdings (RPAY) Operating Expenses (2017 - 2025)
Repay Holdings (RPAY) recorded quarterly Operating Expenses of $80.7 million in Q3 2025, down 55.28% quarter-over-quarter from $180.5 million in Q2 2025, and up 1.15% on a YoY basis from $79.8 million in Q3 2024.
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 was $80.7 million for Q3 2025 at Repay Holdings, down from $180.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $180.5 million in Q2 2025 to a low of $56.3 million in Q1 2021.
- Historically, Operating Expenses has averaged $87.9 million across 5 years, with a median of $80.7 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses sank 48.57% in 2024, then soared 130.48% in 2025.
- A 5-year view of Operating Expenses shows it 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 slumped by 48.57% to $79.4 million in 2024, then rose by 1.63% to $80.7 million in 2025.
- The last three Operating Expenses figures came in at $80.7 million (Q3 2025), $180.5 million (Q2 2025), and $80.9 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 6.42 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 11.73 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 662.79 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 1.51 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 979.89 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 905.10 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Repay Holdings | 342.00 | -147.67 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 |