What is Corpay's corporate payments — depreciation?

Corpay (CPAY) reported corporate payments — depreciation of $9.4M in Q1 2026.

How has Corpay's corporate payments — depreciation changed year-over-year?

Corpay's corporate payments — depreciation increased by 59.4% year-over-year, from $5.89M to $9.4M.

What does corporate payments — depreciation mean?

The systematic allocation of the cost of tangible assets, such as computer hardware and office equipment, used by the corporate payments segment over their useful lives. This reflects the wear and tear of physical infrastructure supporting payment operations.

Corpay CPAY Corporate Payments — Depreciation

Other segment segments

Vehicle Payments

$19.39M+17.6%

Lodging Payments

$4.42M+18.7%

Other

$2.18M-5.4%

Similar metrics at other companies

WEXCorporate Payments — Depreciation

$8.9M+1.1%

TFI

TFINPayments — Depreciation

$176K-23.5%

ODYSCorporate — Depreciation

$27K0.0%

HEICorporate Segment — Depreciation

$434K-12.9%

MSBICorporate — Depreciation on premises and equipment

$0—

PBFCorporate — Depreciation and amortization expense

$3.8M+5.6%

Other financials

Income statement

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Revenue$1.3B+25.4%

Operating income$636.2M+48.9%

Net income$350.1M+43.9%

EPS (diluted)$5.07+49.1%

Balance sheet

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Cash & equivalents$2.5B+63.2%

Total debt$10.4B+26.8%

Total equity$3.5B+1.6%

Total assets$26.7B+43.8%

Cash flow

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Operating cash flow-$56.6M+23.6%

CapEx$51.1M+14.1%

Free cash flow-$107.7M+9.4%

Valuation

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Market cap$21.78B+0.2%

Enterprise value$29.61B+6.8%

P/E18.5×-2.2×

P/S4.6×-0.7×

Profitability

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Operating margin46.1%+1.1pp

Net margin24.6%-0.6pp

FCF margin46.2%+0.8pp

Returns & leverage

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Return on equity33.8%+3.5pp

Debt / equity3×+0.6×

Current ratio1×-0.1×

Where this comes from

Reported directly by Corpay in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Corpay’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corpay's corporate payments — depreciation?: Corpay (CPAY) reported corporate payments — depreciation of $9.4M in Q1 2026.
How has Corpay's corporate payments — depreciation changed year-over-year?: Corpay's corporate payments — depreciation increased by 59.4% year-over-year, from $5.89M to $9.4M.
What does corporate payments — depreciation mean?: The systematic allocation of the cost of tangible assets, such as computer hardware and office equipment, used by the corporate payments segment over their useful lives. This reflects the wear and tear of physical infrastructure supporting payment operations.