Repay Holdings Corp income statement
In fiscal 2025, Repay Holdings Corp reported revenue of $309m, down 1.2% on the year before, operating income of −$255m (a -82.4% margin) and net income of −$257m, or −$3.00 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 94 | 130 | 105 | 155 | 219 | 279 | 297 | 313 | 309 | 338 |
| Cost of revenue | — | — | — | 41 | 55 | 65 | 70 | 72 | 77 | 90 |
| Gross profit | — | — | — | 114 | 164 | 214 | 227 | 241 | 232 | 248 |
| Selling, general and administrative | 15 | 29 | 97 | 87 | 120 | 149 | 149 | 145 | 142 | 154 |
| Operating income | 16 | 17 | −48 | −32 | −54 | −47 | −111 | −8 | −255 | −149 |
| Interest expense | 4 | 6 | — | — | — | 4 | 4 | 8 | 14 | 20 |
| Income before tax | 9 | 11 | — | −130 | −87 | 15 | −120 | −11 | −277 | −181 |
| Income tax | — | — | — | −12 | −31 | 6 | −2 | −1 | −6 | −5 |
| Net income | 9 | 11 | — | −106 | −50 | 13 | −110 | −10 | −257 | −167 |
| Diluted EPS | — | −$0.14 | — | −$2.02 | −$0.60 | $0.12 | −$1.23 | −$0.11 | −$3.00 | −$2.03 |
| Diluted shares (average) | — | 7m | — | 52,181m | 83,318m | 110,672m | 90,049m | 89,915m | 86m | 83m |
| EBITDA | 24 | 27 | −18 | 29 | 36 | 61 | −8 | 96 | −153 | −45 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 79 | 78 | 77 | 76 | 78 | 79 | 81 | 101 |
| Cost of revenue | 18 | 19 | 19 | 18 | 20 | 20 | 19 | 30 |
| Gross profit | 62 | 60 | 59 | 57 | 58 | 58 | 61 | 71 |
| Selling, general and administrative | 37 | 37 | 37 | 33 | 35 | 37 | 36 | 46 |
| Operating income | −1 | −1 | −4 | −105 | −3 | −143 | −0 | −3 |
| Interest expense | 3 | 3 | 3 | 3 | 3 | 5 | 4 | 8 |
| Income before tax | 5 | −4 | −9 | −109 | −8 | −151 | −8 | −14 |
| Income tax | 2 | −0 | −0 | −1 | −2 | −2 | 2 | −3 |
| Net income | 3 | −4 | −8 | −102 | −6 | −140 | −10 | −11 |
| Diluted EPS | $0.03 | −$0.04 | −$0.09 | −$1.15 | −$0.08 | −$1.66 | −$0.12 | −$0.13 |
| EBITDA | 25 | 23 | 22 | −79 | 23 | −118 | 26 | 24 |
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