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
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