Corpay, Inc. (CPAY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.26B | 1.25B | 1.17B | 1.1B | 1.01B | 1.03B | 1.03B | 975.71M | 935.25M | 937.32M | 970.89M | 948.17M | 901.33M | 883.61M | 893M | 861.28M | 789.24M | 802.25M | 755.48M | 667.38M |
| Revenue Growth % | 25.39% | 20.67% | 13.92% | 12.95% | 7.53% | 10.36% | 6.01% | 2.9% | 3.76% | 6.08% | 8.72% | 10.09% | 14.2% | 10.14% | 18.2% | 29.05% | 29.68% | 29.95% | 29.08% | 27.08% |
| Cost of Goods Sold | 344.49M | 376.66M | 341.92M | 238.52M | 221.84M | 228.78M | 223.69M | 209.2M | 207.41M | 201.46M | 208.22M | 205.26M | 204.97M | 201.61M | 203.31M | 185.59M | 174.19M | 171.53M | 149.56M | 122.29M |
| COGS % of Revenue | 27.32% | 30.18% | 29.16% | 21.64% | 22.06% | 22.12% | 21.73% | 21.44% | 22.18% | 21.49% | 21.45% | 21.65% | 22.74% | 22.82% | 22.77% | 21.55% | 22.07% | 21.38% | 19.8% | 18.32% |
| Gross Profit | 916.5M | 871.57M | 830.56M | 863.51M | 783.82M | 805.65M | 805.5M | 766.51M | 727.84M | 735.86M | 762.67M | 742.91M | 696.37M | 682M | 689.68M | 675.69M | 615.05M | 630.72M | 605.91M | 545.09M |
| Gross Margin % | 72.68% | 69.82% | 70.84% | 78.36% | 77.94% | 77.88% | 78.27% | 78.56% | 77.82% | 78.51% | 78.55% | 78.35% | 77.26% | 77.18% | 77.23% | 78.45% | 77.93% | 78.62% | 80.2% | 81.68% |
| Gross Profit Growth % | 16.93% | 8.18% | 3.11% | 12.65% | 7.69% | 9.48% | 5.62% | 3.18% | 4.52% | 7.9% | 10.58% | 9.95% | 13.22% | 8.13% | 13.83% | 23.96% | 24.96% | 27.21% | 30.18% | 34.97% |
| Operating Expenses | 373.44M | 360.53M | 307.44M | 384.12M | 356.7M | 317.3M | 337.37M | 333.17M | 330.5M | 311.81M | 317.7M | 330.26M | 321.17M | 312.73M | 300.51M | 305.21M | 297.33M | 290.43M | 267.23M | 247.47M |
| OpEx % of Revenue | 29.61% | 28.88% | 26.22% | 34.86% | 35.47% | 30.67% | 32.78% | 34.15% | 35.34% | 33.27% | 32.72% | 34.83% | 35.63% | 35.39% | 33.65% | 35.44% | 37.67% | 36.2% | 35.37% | 37.08% |
| Selling, General & Admin | 352.01M | 358.49M | 296.24M | 292.77M | 264.52M | 255.69M | 247.82M | 248.82M | 245.45M | 227.74M | 233.79M | 245.77M | 236.28M | 222.74M | 223.3M | 226.77M | 220.41M | 216.28M | 192.99M | 178.23M |
| SG&A % of Revenue | 27.92% | 28.72% | 25.27% | 26.57% | 26.3% | 24.72% | 24.08% | 25.5% | 26.24% | 24.3% | 24.08% | 25.92% | 26.21% | 25.21% | 25.01% | 26.33% | 27.93% | 26.96% | 25.55% | 26.71% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 543.06M | 511.04M | 523.12M | 479.39M | 427.12M | 488.35M | 468.13M | 433.34M | 397.34M | 424.05M | 444.98M | 412.65M | 375.19M | 369.27M | 389.17M | 370.48M | 317.72M | 340.29M | 338.69M | 297.61M |
| Operating Margin % | 43.07% | 40.94% | 44.62% | 43.5% | 42.47% | 47.21% | 45.49% | 44.41% | 42.48% | 45.24% | 45.83% | 43.52% | 41.63% | 41.79% | 43.58% | 43.02% | 40.26% | 42.42% | 44.83% | 44.59% |
| Operating Income Growth % | 27.14% | 4.65% | 11.75% | 10.63% | 7.5% | 15.16% | 5.2% | 5.01% | 5.9% | 14.83% | 14.34% | 11.38% | 18.09% | 8.52% | 14.91% | 24.48% | 19.46% | 15.77% | 28.03% | 39.85% |
| EBITDA | 657.88M | 627.64M | 616.28M | 570.74M | 519.31M | 580.79M | 557.68M | 517.68M | 482.1M | 508M | 529.73M | 496.33M | 459.43M | 459.06M | 466.38M | 448.95M | 394.52M | 415.3M | 412.92M | 366.83M |
| EBITDA Margin % | 52.17% | 50.28% | 52.56% | 51.79% | 51.64% | 56.15% | 54.19% | 53.06% | 51.55% | 54.2% | 54.56% | 52.35% | 50.97% | 51.95% | 52.23% | 52.13% | 49.99% | 51.77% | 54.66% | 54.97% |
| EBITDA Growth % | 26.68% | 8.07% | 10.51% | 10.25% | 7.72% | 14.33% | 5.28% | 4.3% | 4.93% | 10.66% | 13.58% | 10.55% | 16.45% | 10.54% | 12.95% | 22.39% | 18.94% | 15.81% | 25.89% | 33.41% |
| D&A (Non-Cash Add-back) | 114.83M | 116.6M | 93.16M | 91.35M | 92.19M | 92.44M | 89.55M | 84.34M | 84.76M | 83.95M | 84.75M | 83.68M | 84.23M | 89.79M | 77.21M | 78.47M | 76.8M | 75.01M | 74.24M | 69.22M |
| EBIT | 543.06M | 512.39M | 521.74M | 489.96M | 421.43M | 482.18M | 462.72M | 428.88M | 394.38M | 425.54M | 458.38M | 415.06M | 374.64M | 371.59M | 385.31M | 366.72M | 316.7M | 323.92M | 337.15M | 297.2M |
| Net Interest Income | -110.1M | -113.02M | -100.03M | -96.87M | -93.92M | -94.84M | -104.44M | -94.68M | -89.09M | -92.04M | -88.28M | -88.49M | -79.8M | -74.15M | -45.41M | -23.07M | -22.03M | -21.44M | -29.03M | -34.69M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 110.1M | 113.02M | 100.03M | 96.87M | 93.92M | 94.84M | 104.44M | 94.68M | 89.09M | 92.04M | 88.28M | 88.49M | 79.8M | 74.15M | 45.41M | 23.07M | 22.03M | 21.44M | 29.03M | 34.69M |
| Other Income/Expense | -38.04M | -111.67M | -101.42M | -86.3M | -99.61M | -101.01M | -109.85M | -99.14M | -92.05M | -90.55M | -74.88M | -86.08M | -80.35M | -71.83M | -49.27M | -26.83M | -23.05M | -37.8M | -30.57M | -35.09M |
| Pretax Income | 505.02M | 399.38M | 421.7M | 393.09M | 327.51M | 387.34M | 358.28M | 334.2M | 305.29M | 333.5M | 370.09M | 326.57M | 294.84M | 297.44M | 339.9M | 343.65M | 294.67M | 302.49M | 308.12M | 262.52M |
| Pretax Margin % | 40.05% | 32% | 35.97% | 35.67% | 32.57% | 37.44% | 34.81% | 34.25% | 32.64% | 35.58% | 38.12% | 34.44% | 32.71% | 33.66% | 38.06% | 39.9% | 37.34% | 37.7% | 40.79% | 39.34% |
| Income Tax | 151.3M | 133.76M | 143.32M | 109.01M | 83.64M | 141.33M | 82.02M | 82.54M | 75.49M | 77.64M | 98.6M | 86.87M | 80.01M | 72.12M | 91.01M | 81.48M | 76.72M | 77.48M | 74.11M | 66.27M |
| Effective Tax Rate % | 29.96% | 33.49% | 33.99% | 27.73% | 25.54% | 36.49% | 22.89% | 24.7% | 24.73% | 23.28% | 26.64% | 26.6% | 27.14% | 24.25% | 26.78% | 23.71% | 26.04% | 25.62% | 24.05% | 25.24% |
| Net Income | 350.07M | 264.48M | 277.94M | 284.17M | 243.23M | 245.96M | 276.4M | 251.63M | 229.77M | 255.86M | 271.5M | 239.7M | 214.84M | 225.32M | 248.88M | 262.17M | 217.95M | 225M | 234.01M | 196.25M |
| Net Margin % | 27.76% | 21.19% | 23.71% | 25.79% | 24.19% | 23.78% | 26.86% | 25.79% | 24.57% | 27.3% | 27.96% | 25.28% | 23.84% | 25.5% | 27.87% | 30.44% | 27.62% | 28.05% | 30.97% | 29.41% |
| Net Income Growth % | 43.92% | 7.53% | 0.56% | 12.93% | 5.86% | -3.87% | 1.81% | 4.97% | 6.95% | 13.55% | 9.08% | -8.57% | -1.43% | 0.14% | 6.36% | 33.59% | 18.3% | 7.22% | 23.93% | 23.82% |
| Net Income (Continuing) | 353.71M | 265.62M | 278.38M | 284.08M | 243.88M | 246M | 276.26M | 251.66M | 229.8M | 255.86M | 271.5M | 239.7M | 214.84M | 225.32M | 248.88M | 262.17M | 217.95M | 225M | 234.01M | 196.25M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 353.37M | 344.81M | 43.44M | 38.61M | 40.25M | 23.65M | 26.86M | 24.89M | 27.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 5.07 | 3.75 | 3.91 | 3.98 | 3.40 | 3.44 | 3.90 | 3.52 | 3.12 | 3.48 | 3.64 | 3.20 | 2.88 | 3.03 | 3.29 | 3.35 | 2.75 | 2.74 | 2.80 | 2.30 |
| EPS Growth % | 49.12% | 9.01% | 0.26% | 13.07% | 8.97% | -1.15% | 7.14% | 10% | 8.33% | 14.85% | 10.64% | -4.48% | 4.73% | 10.58% | 17.5% | 45.65% | 27.91% | 12.3% | 27.85% | 25.68% |
| EPS (Basic) | 5.14 | 3.81 | 3.95 | 4.03 | 3.46 | 3.52 | 3.98 | 3.59 | 3.20 | 3.55 | 3.71 | 3.24 | 2.92 | 3.07 | 3.34 | 3.42 | 2.80 | 2.80 | 2.86 | 2.36 |
| Diluted Shares Outstanding | 68.44M | 70.12M | 71.13M | 71.43M | 71.56M | 71.46M | 70.9M | 71.5M | 73.55M | 73.47M | 74.6M | 75M | 74.48M | 74.25M | 75.56M | 78.24M | 79.29M | 81.98M | 83.72M | 85.3M |
| Basic Shares Outstanding | 67.54M | 69.38M | 70.32M | 70.55M | 70.32M | 69.95M | 69.52M | 70.11M | 71.77M | 72.06M | 73.17M | 73.89M | 73.52M | 73.48M | 74.46M | 76.77M | 77.74M | 80.23M | 81.84M | 83.14M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |