Discontinued — last reported Q4 '22
Corpay Fuel — Revenues, net decreased by 3.0% to $351.10M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 11.0%, from $316.30M to $351.10M. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates higher adoption of fuel payment solutions or increased transaction volumes within the fleet management client base, while a decrease may signal competitive pressure or reduced fleet activity.
This metric represents the net revenue generated specifically from fuel card payment solutions and related vehicle expen...
Comparable to fuel card revenue or fleet services revenue reported by specialized payment processors and commercial card issuers.
cpay_segment_fuel_revenues_net| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | $295.10M | $306.80M | $316.30M | $318.50M | $346.90M | $361.80M | $351.10M |
| QoQ Change | — | +4.0% | +3.1% | +0.7% | +8.9% | +4.3% | -3.0% |
| YoY Change | — | — | — | — | +17.6% | +17.9% | +11.0% |