Operating Income
Corpay Operating Income increased by 12.7% to $636.17M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 48.9%, from $427.12M to $636.17M. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 12.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $297.61M | $338.69M | $340.29M | $317.72M | $370.48M | $389.17M | $369.27M | $375.20M | $412.65M | $444.98M | $424.05M | $397.34M | $433.34M | $468.13M | $488.35M | $427.12M | $479.39M | $523.12M | $564.47M | $636.17M |
| QoQ Change | — | +13.8% | +0.5% | -6.6% | +16.6% | +5.0% | -5.1% | +1.6% | +10.0% | +7.8% | -4.7% | -6.3% | +9.1% | +8.0% | +4.3% | -12.5% | +12.2% | +9.1% | +7.9% | +12.7% |
| YoY Change | — | — | — | — | +24.5% | +14.9% | +8.5% | +18.1% | +11.4% | +14.3% | +14.8% | +5.9% | +5.0% | +5.2% | +15.2% | +7.5% | +10.6% | +11.7% | +15.6% | +48.9% |
Business Segments — Vehicle Payments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|
| Vehicle Payments | $225.70M | $242.03M | $244.31M | $222.79M | $250.13M | $265.74M | $382.81M |
| Corporate Payments | $104.71M | $120.56M | $136.88M | $129.82M | $161.21M | $177.46M | $179.08M |
| Lodging Payments | $47.28M | $56.39M | $65.50M | $43.04M | $49.58M | $57.09M | $42.77M |
| Other | $19.66M | $14.37M | $21.45M | $31.47M | $18.48M | $22.83M | $31.51M |
| Total | $397.34M | $433.34M | $468.13M | $427.12M | $479.39M | $523.12M | $636.17M |
Business Segments — Vehicle Payments
| Segment | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Vehicle Payments | — | — | — | $242.03M | $244.31M | $364.84M | $222.79M | $336.05M |
| Corporate Payments | — | — | — | $120.56M | $136.88M | $136.25M | $129.82M | $171.31M |
| Lodging Payments | — | — | — | $56.39M | $65.50M | $54.22M | $43.04M | $44.99M |
| Brazil | $41.62M | $44.65M | $51.06M | — | — | — | — | — |
| Fleet | $186.79M | $192.60M | $180.77M | — | — | — | — | — |
| Lodging | $58.56M | $63.46M | $56.84M | — | — | — | — | — |
| Other | — | — | — | $14.37M | $21.45M | -$66.97M | $31.47M | — |
| Total | $370.48M | $389.17M | $369.27M | $433.34M | $468.13M | $488.35M | $427.12M | $564.47M |
Brazil, Fleet, Lodging were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Income at Other Companies
Frequently Asked Questions
- What is Corpay's operating income?
- Corpay (CPAY) reported operating income of $636.17M in Q1 2026.
- How has Corpay's operating income changed year-over-year?
- Corpay's operating income increased by 48.9% year-over-year, from $427.12M to $636.17M.
- What is the long-term trend for Corpay's operating income?
- Over 4 years (2021 to 2025), Corpay's operating income has grown at a 12.6% compound annual growth rate (CAGR), from $1.24B to $1.99B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.