Quarterly ResultAug 5, 2026, 04:23 PM
Corpay Q2 Revenue +21%, Adjusted EPS +36%; Raises FY26 Outlook
AI Summary
Corpay, Inc. reported strong second-quarter 2026 financial results, with revenue increasing 21% to $1,338.8 million and adjusted net income per diluted share growing 36% to $7.00, exceeding expectations. Organic revenue growth was 10%. However, GAAP net income decreased 13% to $248.3 million due to a $100 million charge for a preliminary FTC settlement. The company also raised its full-year 2026 financial guidance for both revenue and adjusted diluted EPS, reflecting confidence in its business performance.
Key Highlights
- Q2 2026 revenue increased 21% to $1,338.8 million.
- Q2 2026 adjusted net income per diluted share grew 36% to $7.00.
- Q2 2026 GAAP net income decreased 13% to $248.3 million, impacted by a $100 million FTC settlement charge.
- Organic revenue growth was 10% in Q2 2026.
- Corporate Payments segment revenue rose 42% to $548.7 million.
- Corpay repurchased 1 million shares for $321 million in the quarter.
- Full-year 2026 revenue guidance raised to $5.290 billion - $5.330 billion.
- Full-year 2026 adjusted diluted EPS guidance raised to $27.15 - $27.55.
Price Impact
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