Quarterly ResultMay 7, 2026, 04:24 PM
Corpay Q1 Revenue +25% to $1.26B; Adjusted EPS +29% to $5.80
AI Summary
Corpay, Inc. reported outstanding first-quarter 2026 financial results, with revenue increasing 25% to $1,261.0 million and adjusted diluted EPS growing 29% to $5.80, both ahead of expectations. Organic revenue growth remained strong at 11% for the fourth consecutive quarter. The company also raised its full-year 2026 financial outlook, citing Q1 over-performance and expected higher fuel prices.
Key Highlights
- Q1 2026 revenue increased 25% to $1,261.0 million.
- Organic revenue growth was 11% for the fourth consecutive quarter.
- Adjusted diluted EPS grew 29% to $5.80, exceeding expectations.
- GAAP net income rose 44% to $350.1 million, with diluted EPS up 49% to $5.07.
- Corporate Payments segment delivered 16% organic revenue growth.
- Corpay repurchased 2.4 million shares for $786 million.
- Raised FY2026 adjusted diluted EPS guidance to $26.30-$27.10.
- Q2 2026 adjusted diluted EPS expected at $6.55 (midpoint), up 28% YoY.