Repay Holdings (Repay Holdings) Gross Margin % : 77.28% (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Repay Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Repay Holdings's Gross Profit for the three months ended in Dec. 2023 was $58.7 Mil. Repay Holdings's Revenue for the three months ended in Dec. 2023 was $76.0 Mil. Therefore, Repay Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 77.28%.

The historical rank and industry rank for Repay Holdings's Gross Margin % or its related term are showing as below:

RPAY' s Gross Margin % Range Over the Past 10 Years
Min: 38.69 Med: 73.98 Max: 76.78
Current: 76.5

During the past 7 years, the highest Gross Margin % of Repay Holdings was 76.78%. The lowest was 38.69%. And the median was 73.98%.

RPAY's Gross Margin % is ranked better than
84.4% of 2628 companies
in the Software industry
Industry Median: 41.71 vs RPAY: 76.50

Repay Holdings had a gross margin of 77.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Repay Holdings was 0.00% per year.

Repay Holdings Gross Margin % Historical Data

The historical data trend for Repay Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Repay Holdings Gross Margin % Chart

Repay Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

73.27

74.69

76.78

76.50

Repay Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															79.50	75.90	76.54	76.27	77.28

Competitive Comparison of Repay Holdings's Gross Margin %

For the Software - Infrastructure subindustry, Repay Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Repay Holdings's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Repay Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Repay Holdings's Gross Margin % falls into.

Repay Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Repay Holdings's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	226.9	/	296.627
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(296.627 - 69.703)	/	296.627
	=	76.50 %

Repay Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	58.7	/	75.987
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(75.987 - 17.261)	/	75.987
	=	77.28 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Repay Holdings (NAS:RPAY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Repay Holdings had a gross margin of 77.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Repay Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of Repay Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Repay Holdings (Repay Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Repay Holdings Corp (NAS:RPAY) » Definitions » Gross Margin %

Comparable Companies

IMXI PSFE STEM NN CINT SCWX RDWR IIIV CCSI GCT MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK

Traded in Other Exchanges

N/A

Address

3 West Paces Ferry Road, Suite 200, Atlanta, GA, USA, 30305

Website

https://www.repay.com

Repay Holdings Corp is engaged in providing integrated payment processing solutions to verticals that have transaction processing needs. It allows customers to pay through Mobile App, Text, Interactive Voice Response, Virtual Terminal, Hosted Payment Page and Online Customer Portal among others. It operates in two segment, Consumer Payment and Business Payments.

Executives

Thomas Eugene Sullivan	officer: VP, Controller	3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Robert Herman Hartheimer	director	3232 RITTENHOUSE STREET NW, WASHINGTON DC 20015
Tyler B Dempsey	officer: General Counsel	3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Naomi Barnett	officer: Executive Vice President	3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Shaler Alias	director, officer: President	3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Michael Frank Jackson	officer: Chief Operating Officer	3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Peter J Kight	director	4411 EAST JONES BRIDGE ROAD, NORCROSS GA 30092
Morris John Andrew Sr.	director, officer: Chief Executive Officer	3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Timothy John Murphy	officer: Chief Financial Officer	3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Richard E Thornburgh	director	401 N. MAIN STREET, WINSTON-SALEM NC 27101
David M Guthrie	officer: Chief Technology Officer	3280 PEACHTREE RD NW, SUITE 1000, ATLANTA GA 30305
Emnet Legesse Rios	director	3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Beckham Aggregator, L.p.	10 percent owner	FOUR EMBARCADERO CENTER, SUITE 3610, SAN FRANCISCO CA 94111
Jacob Hamilton Moore	officer: Executive Vice President	3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Jason Kirk	officer: Chief Technology Officer	3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305