Discontinued — last reported Q1 '25
Provision for Credit Losses
Corpay Provision for Credit Losses increased by 29.1% to $42.35M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 38.1%, from $30.66M to $42.35M. Over 4 years (FY 2021 to FY 2025), Provision for Credit Losses shows an upward trend with a 34.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests management expects higher default rates or a deteriorating credit environment, while a decrease suggests improved borrower quality.
Detailed definition
This represents the non-cash expense set aside by a financial institution to cover potential losses from loans or credit...
Peer comparison
Common in banking and credit card issuers; peers adjust this based on macroeconomic forecasts and portfolio seasoning.
provision_for_credit_losses_cfHistorical 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 | $6.04M | $10.90M | $18.50M | $25.48M | $27.23M | $37.27M | $41.12M | $39.27M | $35.15M | $29.08M | $21.66M | $25.34M | $28.14M | $28.08M | $21.57M | $30.66M | $31.50M | $27.68M | $32.80M | $42.35M |
| QoQ Change | — | +80.3% | +69.8% | +37.7% | +6.9% | +36.9% | +10.3% | -4.5% | -10.5% | -17.3% | -25.5% | +17.0% | +11.1% | -0.2% | -23.2% | +42.1% | +2.7% | -12.1% | +18.5% | +29.1% |
| YoY Change | — | — | — | — | +350.5% | +242.0% | +122.3% | +54.1% | +29.1% | -22.0% | -47.3% | -35.5% | -19.9% | -3.4% | -0.4% | +21.0% | +11.9% | -1.4% | +52.1% | +38.1% |
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is Corpay's provision for credit losses?
- Corpay (CPAY) reported provision for credit losses of $42.35M in Q1 2026.
- How has Corpay's provision for credit losses changed year-over-year?
- Corpay's provision for credit losses increased by 38.1% year-over-year, from $30.66M to $42.35M.
- What is the long-term trend for Corpay's provision for credit losses?
- Over 4 years (2021 to 2025), Corpay's provision for credit losses has grown at a 34.1% compound annual growth rate (CAGR), from $37.92M to $122.64M.
- What does provision for credit losses mean?
- The amount of money a lender sets aside to cover expected losses from unpaid debts.