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
DateValue
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