NYSE$CPAY

Corpay Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Corpay reported Q4 2025, revenue of $1.25B, net income of $264.5M.

For Q4 2025, Corpay reported revenue of $1.25B, net income of $264.5M. Management discusses segment performance, capital allocation, and outlook in the earnings release.

  • Revenue $1.25B.
  • Net income $264.5M.
  • Corpay highlights liquidity, operations, and near-term priorities.

Headline financials

Total Revenue

$1.25B

Previous: $1.03B+20.7%
EPS (adj)

$6.04

Previous: $5.36+12.7%
Organic Revenue Growth

11.0%

No prior period
Adjusted EBITDA

$712M

Previous: $605M+17.7%
Corporate Payments Spend Volume

$81.4B

Previous: $48.8B+66.9%
Corporate Payments Revenue per Spend Dollar

0.0%

Previous: 0.0%-16.9%
Vehicle Payments Transactions

221.9M

Previous: 207.0M+7.2%
Vehicle Payments Revenue per Transaction

$2.58

Previous: $2.40+7.5%
Lodging Room Nights

7.9M

Previous: 10.6M-25.5%
Lodging Revenue per Room Night

$14.18

Previous: $11.37+24.7%
Tag Transactions

23.4M

Previous: 22.1M+5.9%
Parking Transactions

65.6M

Previous: 63.3M+3.6%
Fleet Transactions

117.5M

Previous: 110.7M+6.1%
Other Transactions

15.4M

Previous: 11.0M+40.0%
Other Revenue per Transaction

$0.16

Previous: $0.14+14.3%
Net Income

$265M

Previous: $246M+7.5%
Operating Income

$564M

Previous: $488M+15.6%

Revenue & EPS history

Corpay · Revenue · Quarterly

$1.25B

Q4 2025+20.7%vs Q4 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Corpay · $471M total across 3 segments · Q3 2023

  • Corporate Payments
    $259M+31.4%
  • Lodging Payments
    $141M+12.2%
  • Other
    $71M

Forward guidance

The release discusses Corpay's outlook for upcoming periods, including capital allocation, operating priorities, and market risks.

Tailwinds

  • Corpay cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+1.3%

Avg return

Earnings day

+1.7%

Avg return

5 days after

+1.9%

Avg return

30 days after

55%

36 / 65 earnings

Positive

+12.8%

Q4 2016

Best reaction

-13.3%

Q3 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.2%+6.2%+13.9%
Q4 2025+11.6%+18.7%+4.7%
Q3 2025+6.2%+11.1%+18.7%
Q1 2025-0.4%+7.2%+3.4%
Q4 2024+0.2%-5.0%-13.6%
Q3 2024+4.9%+7.3%+4.8%
Q2 2024+5.7%+2.7%+11.8%
Q1 2024-7.1%-5.6%-15.0%
Q4 2023-7.6%-5.6%+2.5%
Q3 2023-2.0%-1.8%+9.7%
Q2 2023+5.4%+7.6%+10.2%
Q1 2023+8.0%+11.0%+13.4%
Q4 2022-4.4%-1.4%-8.2%
Q3 2022-6.7%-3.4%+3.7%
Q2 2022-0.0%+2.0%-6.2%
Q1 2022-11.7%-12.0%-4.1%
Q4 2021+7.1%+4.8%-1.9%
Q3 2021-0.2%+2.1%-14.1%
Q2 2021+3.8%+4.4%+4.2%
Q1 2021-2.2%-3.3%-5.4%
Q4 2020+1.2%+1.3%+11.0%
Q3 2020-2.1%+17.6%+13.0%
Q2 2020-9.3%-11.5%-10.3%
Q1 2020-0.2%-5.0%+17.4%
Q4 2019-6.2%-3.4%-23.8%
Q3 2019+1.7%-0.3%+5.5%
Q2 2019+9.2%+10.9%+13.4%
Q1 2019+3.7%+2.7%-2.1%
Q4 2018+6.5%+6.1%+11.2%
Q3 2018+9.2%+7.7%+4.6%
Q2 2018-1.0%-0.3%-2.1%
Q1 2018-5.0%-3.4%-4.7%
Q4 2017-6.6%-4.5%+3.0%
Q3 2017+10.3%+8.8%+9.4%
Q2 2017-5.8%-7.6%-6.7%
Q1 2017-2.2%-5.5%+2.2%
Q4 2016+12.8%+13.1%+7.7%
Q3 2016-13.3%-14.4%-17.0%
Q2 2016+5.6%+6.0%+9.0%
Q1 2016-2.1%
Q4 2015+1.5%
Q3 2015+4.5%
Q2 2015+3.1%
Q1 2015-2.5%
Q4 2014+1.8%
Q3 2014+7.6%
Q2 2014-4.1%
Q1 2014+5.5%
Q4 2013+6.9%
Q3 2013+3.7%
Q2 2013+9.7%
Q1 2013+7.3%
Q4 2012+10.2%
Q3 2012+3.6%
Q4 2011+10.8%
Q2 2012+9.6%
Q1 2011-2.9%
Q1 2012+0.5%
Q4 2009+1.4%
Q1 2010+1.4%
Q3 2011-2.0%
Q3 2010-2.0%
Q2 2010-2.5%
Q2 2011-2.5%
Q4 2010-2.5%

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