Discontinued — last reported Q3 '23
Corpay Fleet — Revenue decreased by 4.5% to $365.50M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 7.5%, from $395.20M to $365.50M. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates higher transaction volumes or improved pricing power within the fleet customer base.
This metric represents the total gross revenue generated specifically from the Fleet segment, which provides payment sol...
Similar to fleet card revenue or vehicle expense management revenue at competitors like WEX or FleetCor.
cpay_segment_fleet_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $333.09M | $343.19M | $348.88M | $351.60M | $377.40M | $395.20M | $380.73M | $372.71M | $382.61M | $365.50M |
| QoQ Change | — | +3.0% | +1.7% | +0.8% | +7.3% | +4.7% | -3.7% | -2.1% | +2.7% | -4.5% |
| YoY Change | — | — | — | — | +13.3% | +15.2% | +9.1% | +6.0% | +1.4% | -7.5% |