Corpay revenue and financials
$406.79Change from previous close: +1.26%Absolute change: +$5.07
In the fiscal year ended December 2025, Corpay reported revenue of $4.53B (+13.93% year over year). Net income was $1.07B, a net margin of 23.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +13.93%
- 2025 vs 2024
- Net income growth
- +6.58%
- 2025 vs 2024
- Net margin
- 23.6%
- 2024: 25.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,470 | -56.6 | 813 | -379 | 1,140 | -74.2 | 649 | 401 | 541 | 350 | 717 | 286 |
| Depreciation and amortization | 118 | 115 | 13.6 | 93.1 | 91.4 | 92.1 | 13.6 | 89.5 | 84.3 | 84.7 | 6.4 | 84.5 |
| Capital expenditure | -54.4 | -51.1 | -52.4 | -50.9 | -52.6 | -44.8 | -44.1 | -45.8 | -44.1 | -41.2 | -36.7 | -38.2 |
| Investing cash flow | -47.7 | 369 | 1,510 | -60.3 | -38.7 | -184 | -429 | -232 | -44.3 | -102 | -35.1 | -144 |
| Financing cash flow | -3.5 | -416 | 1,664 | -181 | -63.9 | 142 | 229 | 415 | -80.7 | -159 | -397 | -260 |
| Share repurchases | -327 | -786 | -500 | -192 | -32.2 | -58.7 | -249 | -92.2 | -658 | -289 | -140 | -535 |
| Debt issued | 10,291 | 3,545 | 6,667 | 2,038 | 2,230 | 3,350 | 2,831 | 3,419 | 2,571 | 2,009 | 2,106 | 2,178 |
| Debt repaid | -10,015 | -3,187 | -4,779 | -2,033 | -2,286 | -3,169 | -2,582 | -3,005 | -2,004 | -1,967 | -2,372 | -1,938 |
| Effect of exchange rates | -42.2 | -71.9 | 90.5 | 2.9 | 110 | 42.9 | -147 | 23.1 | -71.3 | -28.1 | 60.6 | -68.8 |
| Net change in cash | 1,352 | -176 | 4,078 | -617 | 1,148 | -72.9 | 301 | 608 | 345 | 61.1 | 345 | -187 |
| Free cash flow | 1,416 | -108 | 760 | -430 | 1,088 | -119 | 605 | 355 | 497 | 309 | 680 | 247 |
| Levered free cash flow | 411 | 140 | 1,326 | 23.8 | 605 | -66.2 | 744 | -68.8 | 81.3 | 232 | 601 | 257 |