Corpay income statement
In fiscal 2025, Corpay reported revenue of $4.53bn, up 13.9% on the year before, operating income of $1.99bn (a 44.0% margin) and net income of $1.07bn, or $15.03 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 | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 354 | 434 | 520 | 708 | 895 | 1,199 | 1,703 | 1,832 | 2,250 | 2,433 | 2,649 | 2,389 | 2,834 | 3,427 | 3,758 | 3,975 | 4,528 | 5,021 |
| General and administrative | 51 | 78 | 85 | 110 | 142 | 206 | 298 | 284 | 388 | 389 | 407 | 375 | 486 | 584 | 603 | 617 | 733 | 827 |
| Operating income | 146 | 170 | 226 | 325 | 421 | 565 | 668 | 754 | 884 | 1,091 | 1,231 | 972 | 1,243 | 1,447 | 1,657 | 1,787 | 1,994 | 2,196 |
| Interest expense | 7 | 21 | 13 | 13 | — | — | — | — | — | — | — | — | — | 165 | 349 | 383 | 404 | 438 |
| Net interest income | −17 | −21 | −13 | −13 | −16 | −29 | −71 | −72 | −107 | −138 | −150 | −130 | −114 | −165 | −349 | — | — | — |
| Income before tax | 130 | 151 | 211 | 311 | 404 | 513 | 536 | 643 | 894 | 1,095 | 1,078 | 883 | 1,109 | 1,276 | 1,325 | 1,385 | 1,542 | 1,671 |
| Income tax | 41 | 43 | 64 | 95 | 119 | 144 | 174 | 191 | 153 | 284 | 183 | 178 | 269 | 321 | 343 | 381 | 470 | 521 |
| Net income | 89 | 108 | 147 | 216 | 285 | 369 | 362 | 452 | 740 | 811 | 895 | 704 | 839 | 954 | 982 | 1,004 | 1,070 | 1,141 |
| Diluted EPS | $1.13 | $1.34 | $1.76 | $2.52 | $3.36 | $4.24 | $3.85 | $4.75 | $7.91 | $8.81 | $9.94 | $8.12 | $9.99 | $12.42 | $13.20 | $13.97 | $15.03 | $16.53 |
| Diluted shares (average) | — | 81m | 84m | 86m | 85m | 87m | 94m | 95m | 94m | 92m | 90m | 87m | 84m | 77m | 74m | 72m | 71m | 69m |
| EBITDA | 174 | 204 | 263 | 377 | 493 | 678 | 861 | 957 | 1,148 | 1,365 | 1,506 | 1,227 | 1,527 | 1,769 | 1,993 | 2,138 | 2,387 | 2,639 |
| 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 | 1,029 | 1,034 | 1,006 | 1,102 | 1,172 | 1,248 | 1,261 | 1,339 |
| General and administrative | 154 | 158 | 157 | 177 | 179 | 220 | 204 | 224 |
| Operating income | 468 | 488 | 427 | 479 | 523 | 564 | 636 | 472 |
| Interest expense | 104 | 95 | 94 | 97 | 100 | 113 | 110 | 115 |
| Income before tax | 358 | 387 | 328 | 393 | 422 | 399 | 505 | 345 |
| Income tax | 82 | 141 | 84 | 109 | 143 | 134 | 151 | 93 |
| Net income | 276 | 246 | 243 | 284 | 278 | 264 | 350 | 248 |
| Diluted EPS | $3.90 | $3.44 | $3.40 | $3.98 | $3.91 | $3.75 | $5.07 | $3.70 |
| EBITDA | 558 | 581 | 519 | 571 | 616 | 681 | 751 | 591 |
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