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Corpay CPAY Vehicle Payments — D&A

Other segment segments

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Other financials

Income statement

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Revenue$1.3B+21.5%
Operating income$472.3M-1.5%
Net income$248.3M-12.6%
EPS (diluted)$3.70-7.0%

Balance sheet

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Cash & equivalents$3.2B+44.3%
Total debt$10.6B+30.9%
Total equity$3.5B-9.8%
Total assets$28.2B+38.1%

Cash flow

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Operating cash flow$1.5B+28.9%
CapEx$54.4M+3.4%
Free cash flow$1.4B+30.2%

Valuation

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Market cap$25.68B+19.7%
Enterprise value$33.14B+21.1%
P/E22.5×+2.1×
P/S5.1×0.0×

Profitability

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Operating margin43.7%-0.9pp
Net margin22.7%-2.4pp
FCF margin46.2%+0.8pp

Returns & leverage

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Return on equity30.5%-0.9pp
Debt / equity+0.9×
Current ratio-0.1×

Where this comes from

Reported directly by Corpay in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: Corpay’s 10-Q, filed August 10, 2026.

Filed
Aug 9, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001175454-26-000050
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating activities
Net income$605,502$527,953
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation72,10058,177
Stock-based compensation59,50947,234
Provision for credit losses on accounts and other receivables90,65062,162
Provision for legal settlement100,000
Amortization of deferred financing costs and discounts7,2464,842

Item 1. Financial Statements

FAQ

What is Corpay's vehicle payments — D&A?
Corpay (CPAY) reported vehicle payments — D&A of $20.06M in Q2 2026.
How has Corpay's vehicle payments — D&A changed year-over-year?
Corpay's vehicle payments — D&A increased by 19.0% year-over-year, from $16.86M to $20.06M.
What is the long-term trend for Corpay's vehicle payments — D&A?
Over 4 years (2021 to 2025), Corpay's vehicle payments — D&A has grown at a -20.3% compound annual growth rate (CAGR), from $195.96M to $79.2M.
What does vehicle payments — D&A mean?
This represents the non-cash expense allocated to the cost of tangible assets (depreciation) and intangible assets (amortization) over their useful lives. It reflects the consumption of the segment's asset base and is a key component in calculating EBITDA. Tracking this helps investors understand the capital replacement cycle and the impact of past acquisitions on current earnings.

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