AI-extracted from the 10-Q filed 2026-08-10 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Revenue rose 21.5% to $1,338.8M on 10% organic growth and the Alpha acquisition, but a $100M FTC settlement charge pushed operating income down 1.5% to $472.3M.
Biggest Revenue Drivers
Vehicle Payments$580.2M+13.3% YoY
Organic growth of 8%, new sales in international markets, favorable FX of $29M and fuel prices/spreads
Corporate Payments$548.7M+41.7% YoY
Organic growth of 16% on 43% spend volume growth plus ~$78M from acquisitions
Biggest Revenue Drivers
Total revenue: $1,338.8M+21.5% YoY
Vehicle Payments$580.2M+13.3% YoY
Organic growth of 8%, new sales in international markets, favorable FX of $29M and fuel prices/spreads
Within Vehicle Payments
United States$600.2M45% of total revenue
Geographic cut of the same quarter's revenue
Corporate Payments$548.7M+41.7% YoY
Organic growth of 16% on 43% spend volume growth plus ~$78M from acquisitions
Lodging Payments$123.2M+2.8% YoY
Increase in revenue per room night across all solutions
Other (Gift, Outsourced Card Processing, Payroll Card)$86.7M+4.6% YoY
Strong transaction volume growth in Gift, Outsourced Card Processing and Payroll card
Largest Expense Items
Processing$275.2M+15.4% YoY
~$17M from 2025 acquisitions, higher volumes and $14M higher credit loss expense
General and administrative$223.7M+26.4% YoY
Acquisition-related deal fees, IT investments and ~$14M from 2025 acquisitions
Selling$150.6M+30.1% YoY
Marketing investments, higher commissions and ~$14M from 2025 acquisitions
Depreciation and amortization$118.3M+29.5% YoY
Incremental capital expenditures and $12M from 2025 acquisitions
Margins: Adjusted EBITDA margin improved to 57.3% from 56.3%, but GAAP operating margin fell to 35.3% from 43.5% as the $100M FTC charge and faster expense growth outpaced revenue.
Watch Items from the Filing
A $100M charge was recorded for a proposed FTC consent order; if not approved, the Company could incur additional redress and/or penalties.
Corporate Payments revenue per spend dollar fell to 0.58% from 0.70% (-17%) due to new payables and cross-border enterprise clients.
Maintenance business sale signed for ~£600M (~$800M), with an anticipated pre-tax gain of $460M-$515M pending U.K. and Australian approval.
Total debt reached $10.6B versus $3.6B total equity; $1.1B of stock repurchased in six months leaves only $1.4B authorization remaining.
Foreign exchange derivative customer contracts notional grew to $163.1B from $123.9B, with $331.4M of collateral posted with banks.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Gupta RahulReporting ownerGrant or award · Feb 24, 2026
Hagerty Thomas MReporting ownerGrant or award · Feb 24, 2026
Congress trading in CPAY
14 transactions in CPAY reported by 1 member of Congress under the STOCK Act, most recent trade Aug 7, 2026. Reported transactions, not recommendations.
About CORPAY, INC. (CPAY): stock profile, AI score and financials
CORPAY, INC. (CPAY) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores CPAY at 69.6/100 on a composite quality score built from its SEC filings, placing it at rank #243 of 2,925 stocks — the top 10% of the AI-ranked universe. CPAY scores in the top quartile across free cash flow (86.6), profitability (80.5), revenue scale (77.8). Shareholder dilution risk is elevated at 37.1/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), CORPAY, INC. reports quarterly revenue of $1.3B, net income of $248.3M, an operating margin of 35.3%. Top institutional holders of CPAY by reported 13-F value include BlackRock, Orbis Allan Gray Ltd, JPMORGAN CHASE, based on the most recent SEC filings. CPAY trades on the NYSE exchange and files with the SEC under CIK 1175454. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CPAY daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CORPAY, INC. directly from SEC EDGAR.