Corpay, Inc. (CPAY) Financial Statements
Industry: Business Services (Other) (Services)
In fiscal 2025, Corpay reported revenue of $4.53B, up 13.9% from $3.97B the year before. Net income was $1.07B (a 23.6% net margin), or $15.03 per diluted share. Operating margin was 44.0%. Operating activities generated $1.50B of cash, leaving $1.30B of free cash flow. At fiscal year end, Corpay held $26.41B in total assets against $22.52B in total liabilities, including $2.41B of cash and equivalents.
Open the full interactive Corpay financials → Quarterly statements, key ratios, valuation history and price charts.
Corpay Key Stats
| Share Price | $399.10 |
|---|---|
| Market Cap | $26.47B |
| P/E Ratio | 26.6 |
| Revenue YoY Growth | +13.9% |
| 52-Week Range | $255.00 – $425.24 |
| Shares Outstanding | 65.5 million (basic, 2026 Q2) |
Corpay Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.39B | $2.83B | $3.43B | $3.76B | $3.97B | $4.53B |
| Operating Income | $972.3M | $1.24B | $1.45B | $1.66B | $1.79B | $1.99B |
| Pre-Tax Income | $882.5M | $1.11B | $1.28B | $1.33B | $1.39B | $1.54B |
| Income Tax | $178.3M | $269.3M | $321.3M | $343.1M | $381.4M | $469.7M |
| Net Income | $704.2M | $839.5M | $954.3M | $981.9M | $1.00B | $1.07B |
| Diluted EPS | $8.12 | $9.99 | $12.42 | $13.20 | $13.97 | $15.03 |
Corpay Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.17B | $1.25B | $1.26B | $1.34B |
| Net Income | $277.9M | $264.5M | $350.1M | $248.3M |
| Diluted EPS | $3.91 | $3.72 | $5.07 | $3.70 |
Corpay Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $934.9M | $1.52B | $1.44B | $1.39B | $1.55B | $2.41B |
| Current Assets | $3.96B | $5.49B | $6.11B | $7.08B | $8.68B | $13.96B |
| Total Assets | $11.19B | $13.40B | $14.09B | $15.48B | $17.96B | $26.41B |
| Current Liabilities | $3.97B | $5.29B | $6.04B | $6.83B | $8.71B | $14.30B |
| Total Long-Term Debt | $4.87B | $6.38B | $7.04B | $6.72B | $8.00B | $10.00B |
| Total Liabilities | $7.84B | $10.54B | $11.55B | $12.19B | $14.83B | $22.52B |
| Shareholders' Equity | $3.36B | $2.87B | $2.54B | $3.28B | $3.12B | $3.88B |
Corpay Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.47B | $1.20B | $754.8M | $2.10B | $1.94B | $1.50B |
| Cash From Investing | -$106.2M | -$715.9M | -$368.3M | -$380.7M | -$807.5M | $1.23B |
| Cash From Financing | -$1.42B | $343.9M | -$311.2M | -$898.2M | $405.0M | $1.56B |
| Free Cash Flow | $1.39B | $1.09B | $603.4M | $1.95B | $1.77B | $1.30B |
Figures from Corpay's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Corpay financials page for every line item.
Corpay Company Profile
| Ticker | CPAY |
|---|---|
| Exchange | NYSE |
| Industry | Business Services (Other) (Services) |
| Headquarters | Atlanta, Georgia |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001175454 |
Frequently Asked Questions
What was Corpay's revenue in fiscal 2025?
Corpay (CPAY) reported revenue of $4.53B for fiscal 2025.
What is Corpay's annual revenue history?
Corpay's annual revenue by fiscal year: 2020: $2.39B; 2021: $2.83B; 2022: $3.43B; 2023: $3.76B; 2024: $3.97B; 2025: $4.53B.
What was Corpay's net income in fiscal 2025?
Corpay reported net income of $1.07B for fiscal 2025.
What was Corpay's earnings per share (EPS) in fiscal 2025?
Corpay's diluted EPS was $15.03 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Corpay generate in fiscal 2025?
Corpay generated $1.30B of free cash flow in fiscal 2025.
What was Corpay's revenue last quarter?
In its most recent reported quarter (2026 Q2), Corpay reported revenue of $1.34B.
How much debt does Corpay have?
Corpay reported $10.00B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Corpay are outstanding?
Corpay reported a weighted average of 65.5 million basic shares outstanding in 2026 Q2.
What is Corpay's market cap?
Based on its latest closing price, Corpay (CPAY) has a market capitalization of about $26.47B.
When does Corpay's fiscal year end?
Corpay's fiscal year end, as registered with the SEC, is December 31.
Where is Corpay headquartered?
Corpay lists its business address in Atlanta, Georgia in its SEC filings.