Corpay, Inc. (CPAY) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
CPAY's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
CPAY Revenue Analysis (2013–2024)
As of February 28, 2026, Corpay, Inc. (CPAY) generated trailing twelve-month (TTM) revenue of $4.31 billion, reflecting strong growth of +13.9% year-over-year. The most recent quarter (Q3 2025) recorded $1.17 billion in revenue, up 6.4% sequentially.
Looking at the longer-term picture, CPAY's 5-year compound annual growth rate (CAGR) stands at +8.5%, indicating steady revenue expansion. The company achieved its highest annual revenue of $3.97 billion in 2024, representing a new all-time high.
Revenue diversification analysis shows CPAY's business is primarily driven by Payments (54%), Corporate Payments (33%), and Lodging (13%). With over half of revenue concentrated in Payments, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including XYZ (+0.3% YoY), AFRM (+4.3% YoY), and TOST (+24.1% YoY), CPAY has underperformed the peer group in terms of revenue growth. Compare CPAY vs XYZ →
Peer Comparison
Compare CPAY's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CPAYCurrent | $4.3B | +13.9% | +8.5% | 45.0% | |
| XYZ | $24.2B | +0.3% | +20.6% | 7.1% | |
| AFRM | $3.2B | +4.3% | +44.6% | -2.7% | |
| TOST | $6.2B | +24.1% | +49.5% | 5.0% | |
| KSPI | $2.52T | +53.3% | +36.9% | 50.4% | |
| WEX | $2.6B | -1.1% | +8.8% | 26.1% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $3.97B | +5.8% | $3.11B | 78.1% | $1.79B | 45.0% |
| 2023 | $3.76B | +9.6% | $2.94B | 78.2% | $1.66B | 44.1% |
| 2022 | $3.43B | +20.9% | $2.66B | 77.7% | $1.45B | 42.2% |
| 2021 | $2.83B | +18.6% | $2.27B | 80.2% | $1.24B | 43.8% |
| 2020 | $2.39B | -9.8% | $1.79B | 75.0% | $972.3M | 40.7% |
| 2019 | $2.65B | +8.8% | $2.12B | 80.0% | $1.23B | 46.5% |
| 2018 | $2.43B | +8.2% | $1.95B | 80.0% | $1.09B | 44.8% |
| 2017 | $2.25B | +22.8% | $1.82B | 80.9% | $883.8M | 39.3% |
| 2016 | $1.83B | +7.6% | $1.48B | 80.6% | $754.2M | 41.2% |
| 2015 | $1.70B | +42.0% | $1.37B | 80.6% | $667.5M | 39.2% |
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Start ComparisonFrequently Asked Questions
Is CPAY's revenue growth accelerating or slowing?
CPAY maintains +13.9% revenue growth, in line with its 5-year CAGR of +8.5%. TTM revenue stands at $4.3B. Growth rate remains consistent with historical average.
What is CPAY's long-term revenue growth rate?
Corpay, Inc.'s 5-year revenue CAGR of +8.5% reflects the sustained expansion pattern. Current YoY growth of +13.9% is near this long-term average.
How is CPAY's revenue distributed by segment?
CPAY reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.