Corpay CPAY Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Corporate Payments | $503.87M+46.0% | —— | $409.71M+27.3% | $391.9M+35.9% | $345.12M+30.0% | |
| Lodging Payments | $110.97M+0.7% | —— | $127.01M-5.2% | $119.79M-2.1% | $110.22M-1.0% | |
| Other | $82.24M+8.1% | —— | $82.57M+24.1% | $64.81M+18.8% | $76.05M+17.9% | |
| Vehicle Payments | $563.9M+18.9% | —— | $553.19M+9.2% | $525.53M+3.0% | $474.28M-4.0% | |
| Other Operating Income by Business | ||||||
| Corporate Payments | -$301K— | -$166K+67.5% | -$6K— | $0— | $0+100% | |
| Lodging Payments | -$73K— | -$2K— | -$3K— | $0— | $0+100% | |
| Other | -$48K— | -$1K+66.7% | -$2K— | $0— | $0+100% | |
| Vehicle Payments | -$6.93M-138,680% | —— | -$11.19M-223,620% | -$2K+77.8% | $5K+105% | |
| Operating Income by Business | ||||||
| Corporate Payments | $179.08M+37.9% | $171.31M+25.7% | $177.46M+29.6% | $161.21M+33.7% | $129.82M+24.0% | |
| Lodging Payments | $42.77M-0.6% | $44.99M-17.0% | $57.09M-12.8% | $49.58M-12.1% | $43.04M-9.0% | |
| Other | $31.51M+0.1% | $12.13M+118% | $22.83M+6.5% | $18.48M+28.6% | $31.47M+60.1% | |
| Vehicle Payments | $382.81M+71.8% | $336.05M-7.9% | $265.74M+8.8% | $250.13M+3.3% | $222.79M-1.3% | |
| Operating Income (Loss) by Business | ||||||
| Corporate Payments | $179.08M+37.9% | —— | $177.46M+29.6% | $161.21M+33.7% | $129.82M+24.0% | |
| Lodging Payments | $42.77M-0.6% | —— | $57.09M-12.8% | $49.58M-12.1% | $43.04M-9.0% | |
| Other | $31.51M+0.1% | —— | $22.83M+6.5% | $18.48M+28.6% | $31.47M+60.1% | |
| Vehicle Payments | $382.81M+71.8% | —— | $265.74M+8.8% | $250.13M+3.3% | $222.79M-1.3% | |
| Selling by Business | ||||||
| Corporate Payments | $76.79M+51.0% | $75.28M+59.2% | $56.93M+35.8% | $56.52M+36.8% | $50.84M+21.5% | |
| Lodging Payments | $8.99M+16.7% | $7.32M+32.2% | $7.7M+30.9% | $8.18M+21.4% | $7.7M+24.9% | |
| Other | $4.73M+33.6% | $2.33M+61.7% | $1.86M-4.1% | $3.19M+67.3% | $3.54M+11.2% | |
| Vehicle Payments | $57.7M+26.9% | $53.09M+22.7% | $51.14M+15.2% | $47.9M+6.2% | $45.48M+5.8% | |
| Processing by Business | ||||||
| Corporate Payments | $105.04M+33.2% | $88.62M+11.9% | $79.23M+13.3% | $77.46M+29.5% | $78.87M+42.4% | |
| Lodging Payments | $30.61M+2.1% | $32.15M+5.5% | $31.14M0.0% | $30.52M+5.8% | $29.98M+2.7% | |
| Other | $29.76M+15.4% | $40.19M+20.8% | $43.41M+38.7% | $31.6M+20.1% | $25.8M-10.4% | |
| Vehicle Payments | $106.65M+22.3% | $99.1M+15.5% | $94.98M+4.0% | $98.94M+5.0% | $87.2M-7.3% | |
| G&A by Business | ||||||
| Corporate Payments | $89.41M+60.0% | $100.71M+83.2% | $65.65M+33.2% | $66.14M+43.4% | $55.88M+31.5% | |
| Lodging Payments | $17.22M+3.2% | $17.09M-4.5% | $18.48M-3.6% | $18.56M+0.6% | $16.68M-2.1% | |
| Other | $13.5M+8.6% | $11.57M+19.4% | $12.58M+38.2% | $9.78M-2.9% | $12.43M+14.7% | |
| Vehicle Payments | $83.67M+16.3% | $91.09M+20.4% | $81.9M+7.6% | $82.52M+4.3% | $71.97M-11.1% | |
| Depreciation by Business | ||||||
| Corporate Payments | $9.4M+59.4% | —— | $7.88M+9.4% | $7.52M+2.4% | $5.89M-15.0% | |
| Lodging Payments | $4.42M+18.7% | —— | $4.16M+18.0% | $3.78M+18.7% | $3.73M+31.3% | |
| Other | $2.18M-5.4% | —— | $1.38M-38.4% | $1.26M-6.9% | $2.3M+59.2% | |
| Vehicle Payments | $19.39M+17.6% | —— | $19.35M+10.6% | $17.22M-2.3% | $16.48M-7.0% | |
| Amortization by Business | ||||||
| Corporate Payments | $43.85M+84.2% | $42.08M+116% | $22.56M+35.6% | $23.08M+72.7% | $23.81M+71.7% | |
| Lodging Payments | $6.9M-24.1% | $7.01M-23.1% | $8.44M-4.1% | $9.18M+4.5% | $9.1M+3.5% | |
| Other | $509K+1.4% | $506K-0.4% | $508K+0.4% | $507K-9.1% | $502K-10.5% | |
| Vehicle Payments | $28.19M-7.2% | $26.78M-16.6% | $28.89M-12.8% | $28.81M-10.3% | $30.38M-6.8% | |
| CapEx by Business | ||||||
| Corporate Payments | $10.96M+44.6% | $10.97M+28.1% | $12.22M+33.3% | $10.1M+33.2% | $7.58M+4.2% | |
| Lodging Payments | $8.04M+70.0% | $6.86M+32.1% | $5.33M+6.2% | $5.11M+11.3% | $4.73M-2.0% | |
| Other | $2.05M+15.0% | $2.12M+93.1% | $2.01M+6.6% | $2.52M+50.4% | $1.78M+99.1% | |
| Vehicle Payments | $30.04M-2.1% | $32.49M+11.1% | $31.35M+5.5% | $34.92M+15.4% | $30.68M+8.8% | |
| D&A by Business | ||||||
| Lodging Payments | $4.42M+18.7% | $4.21M+15.3% | $4.16M+18.0% | $3.78M+18.7% | $3.73M+31.3% | |
| Vehicle Payments | $19.39M+17.6% | $26.16M+50.9% | $19.35M+10.6% | $17.22M-2.3% | $16.48M-7.0% | |
| Revenues, net by Product | ||||||
| Corporate Payments | $503.9M+46.0% | $480.77M+38.9% | $409.7M+27.3% | $391.9M+35.8% | $345.1M+30.0% | |
| Lodging Payments | $111M+0.7% | $112.54M-6.9% | $127M-5.2% | $119.8M-2.1% | $110.2M-1.0% | |
| Vehicle Payments | $563.9M+18.9% | $572.88M+15.1% | $553.2M+9.2% | $525.5M+3.0% | $474.3M-4.0% | |
| Concentration risk, percentage by Product | ||||||
| Contracts with Customers | 79%-7.0pp | —— | —— | —— | 86%0.0pp | |
| Corporate Payments | 40%+6.0pp | —— | 35%+4.0pp | 36%+6.0pp | 34%+6.0pp | |
| Derivatives, Cross-Border Payments Business | 15%+8.0pp | —— | 1%— | 1%0.0pp | 7%0.0pp | |
| Float Revenue Earned On Invested Funds | 3%0.0pp | —— | —— | —— | 3%0.0pp | |
| Late Fees and Finance Charges | 3%-1.0pp | —— | —— | —— | 4%0.0pp | |
| Lodging Payments | 9%-2.0pp | —— | 11%-2.0pp | 11%-2.0pp | 11%-1.0pp | |
| Vehicle Payments | 45%-2.0pp | —— | 47%-2.0pp | 48%-4.0pp | 47%-6.0pp | |
| Concentration risk, percentage by Geography | ||||||
| Other Countries | 24%+5.0pp | —— | 22%+3.0pp | 22%+3.0pp | 19%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Corpay break its business down?
- Corpay (CPAY) reports revenue by business across 4 parts — Corporate Payments, Lodging Payments, Other and Vehicle Payments. Each is extracted from the segment footnotes and tracked over time.
- Where does Corpay's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Corpay's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
