Quarterly ResultAug 10, 2026, 06:03 AM
Corpay Q2 Revenue Up 21.5% to $1.34B; Net Income Down 12.6%
AI Summary
Corpay reported Q2 2026 net revenues of $1.34 billion, a 21.5% increase year-over-year, while net income attributable to Corpay decreased by 12.6% to $248.3 million. For the six months ended June 30, 2026, net revenues rose 23.4% to $2.60 billion and net income increased 13.5% to $598.4 million. The company also announced an increase of $1.0 billion to its stock repurchase program, bringing the total authorization to $11.1 billion, and received $421.7 million from a business disposition.
Key Highlights
- Q2 2026 Net Revenues increased 21.5% to $1.34 billion.
- Q2 2026 Net Income attributable to Corpay decreased 12.6% to $248.3 million.
- Q2 2026 Basic EPS was $3.75, down from $4.03 in Q2 2025.
- YTD 2026 Net Revenues increased 23.4% to $2.60 billion.
- YTD 2026 Net Income attributable to Corpay increased 13.5% to $598.4 million.
- Board authorized a $1.0 billion increase to the stock repurchase program, totaling $11.1 billion.
- Repurchased $1.1 billion of common stock in H1 2026, with $1.4 billion remaining.
- Received $421.7 million from the disposal of a business in H1 2026.
- Corporate Payments revenue grew to $548.7 million (41% of total) in Q2 2026.
- Vehicle Payments revenue was $580.2 million (43% of total) in Q2 2026.
Price Impact
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