Business Segments · Depreciation

Vehicle Payments — Depreciation

Corpay Vehicle Payments — Depreciation increased by 0.2% to $19.39M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.6%, from $16.48M to $19.39M.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026
Rolls up toD&A

How to read this metric

High depreciation relative to capital expenditures may indicate aging infrastructure, while low depreciation suggests recent asset investment or a shift to cloud-based services.

Detailed definition

Reflects the systematic allocation of the cost of tangible assets used within the vehicle payments segment over their us...

Peer comparison

Standard 'Depreciation' expense found in segment-level operating disclosures.

Metric ID: cpay_segment_vehicle_payments_depreciation

Historical Data

10 periods
 Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$50.35M$51.93M$49.91M$17.71M$17.63M$17.50M$16.48M$17.22M$19.35M$19.39M
QoQ Change+3.1%-3.9%-64.5%-0.4%-0.7%-5.8%+4.5%+12.4%+0.2%
YoY Change-64.8%-66.0%-64.9%-7.0%-2.3%+10.6%+17.6%
Range$16.48M$51.93M
CAGR-34.6%
Avg YoY Growth-25.3%
Median YoY Growth-7.0%
Current Streak3 quarters growth

Frequently Asked Questions

What is Corpay's vehicle payments — depreciation?
Corpay (CPAY) reported vehicle payments — depreciation of $19.39M in Q1 2026.
How has Corpay's vehicle payments — depreciation changed year-over-year?
Corpay's vehicle payments — depreciation increased by 17.6% year-over-year, from $16.48M to $19.39M.
What does vehicle payments — depreciation mean?
The non-cash expense representing the wear and tear of physical assets used in the vehicle payments business.